EUR/USD is back at 1.0900

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The EUR/USD rate has declined below the 1.0900 mark, where it appears to have found support in the combination of the weekly simple pivot point, 100-hour simple moving average and the 1.0880/1.0888 range.

A potential recovery of the Euro against the US Dollar is set to face the resistance of the 50-hour simple moving average near 1,0940. Higher above, note the 1.0960/1.0965 range that could act as resistance, before the 1.100 mark and the 1.1008/1.1017 range come into play.

On the other hand, a decline below 1.0880 could result in a drop to the 200-hour simple moving average and the 1.0825/1.0830 range. Below these levels, the 1.0800 is highly likely set to provide support.
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Mon, 18 Dec 2023 12:20:17 GMT

GBP/USD respects round levels

The GBP/USD declined on Friday and the move extended on Monday. It has been observed that resistance is found in the 1.2700 mark. Support is provided by the weekly simple pivot point at 1.2656, the 1.2650 level and the 100-hour simple moving average close below these levels. An extension of the ongoing decline could look for support in the 200-hour

Fri, 15 Dec 2023 12:31:12 GMT

Gold trades around 2,040.00

Since the Fed move, the metal's price remains near 2,040.00. We have marked the resistance and support ranges of the ongoing consolidation at 2,046.80/2,047.80 and 2,027.70/2,030.00. A move above 2,047.80 is set to immediately face the 2,050.00 mark. If the price for gold moves even higher, note the marked levels. They have acted as resistance during the early December booking

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