Trading Ideas DUK+

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Mon, 07 Sep 2020 13:02:59 GMT

DUK+/EUR breaks out upwards

The DUK+/EUR currency exchange rate surged on Monday, September 7, as it touched the 1.5700 level. At this level the rate met with sell orders and declined to the 1.5500 level. Daily Candle Chart On the technical daily candle chart, the daily simple moving averages approached one another, as the rate had traded flat. This event was followed by a break

Tue, 01 Sep 2020 09:24:06 GMT

DUK+/EUR starts moving

Throughout most of August the DUK+/EUR exchange rate traded flat. However, volatility increased throughout the end of the month, as liquidity returned. Daily Candle Chart On the technical daily candle chart, the daily simple moving averages have approached one another, as the rate had traded flat. In theory, they indicate that a squeeze of the rate could occur. Usually, squeezes end

Mon, 24 Aug 2020 12:58:02 GMT

Dukascoin remains flat

Throughout August, the DUK+/EUR currency exchange rate has remained flat, as bulls and bears are at a stalemate. Daily Candle Chart On the technical daily candle chart, the daily simple moving averages are approaching one another, as the rate trades flat. Market Depth Market Depth reveals, where traders have set up buy and sell orders. The up to date data is published

Mon, 17 Aug 2020 13:18:31 GMT

DUK+/EUR remains flat

Throughout August, the DUK+/EUR currency exchange rate has remained flat, as bulls and bears are at a stalemate. Daily Candle Chart On the technical daily candle chart, the daily simple moving averages are approaching one another, as the rate trades flat. Market Depth Market Depth reveals, where traders have set up buy and sell orders. The up to date data is published

Mon, 10 Aug 2020 13:55:19 GMT

Dukascoin is flat

The DUK+/EUR exchange rate stands flat at 1.5000, as there is a massive amount of sell orders exactly at 1.5100. In the meantime, there are no buy orders as low as 1.4400. Daily Candle Chart On the technical daily candle chart, the daily simple moving averages are approaching one another, as the rate trades flat. Market Depth Market Depth reveals, where traders

Mon, 27 Jul 2020 15:14:47 GMT

DUK+/EUR trades above 1.5000

The DUK+/EUR exchange rate has been trading sideways since it reached the 1.5100/1.5200 level. The rate has been kept up by the monthly simple pivot point and the psychological support of the 1.5000 mark. Daily Candle Chart On the technical daily candle chart, the rate might face the resistance of the 55-day simple moving average at 1.5290. Meanwhile, the rate is being

Tue, 21 Jul 2020 12:43:49 GMT

Dukascoin tested 1.6000 high level

The DUK+/EUR has surged to the 1.6000 level, as forecast in the first described scenario at the start of July. However, in the aftermath of the surge, the rate met with resistance and began a decline, which could look for support in technical levels. Daily Candle Chart On the technical daily candle chart, the rate's surge was reversed by the 200-day simple

Mon, 06 Jul 2020 14:05:35 GMT

Dukascoin declines after surge

As the 200-day simple moving average moved higher, the DUK+/EUR exchange rate surged. The rate reached the 1.5700 mark, where it encountered resistance and began a decline. On July 6, the rate's decline had reached the 1.5200 mark and had no support as low as the 1.5000. Daily Candle Chart On the technical daily candle chart, it can be observed that the

Mon, 29 Jun 2020 16:43:50 GMT

DUK+/EUR volatility returns

Volatility has returned to the DUK+/EUR currency exchange rate. During the last week, the rate fluctuated between 1.5000 and 1.5200. Daily Candle Chart On the technical chart it can be observed that the 200-day simple moving average is moving higher and could allow the rate to slightly surge. In the meantime, the 55 and 100-day SMAs were providing support at the

Mon, 22 Jun 2020 14:24:52 GMT

DUK+/EUR stands at 1.5100

The DUK+/EUR currency exchange rate has remained at the 1.5100 level. Moreover, during the last week it did not make an attempt to surge. Daily Candle Chart On the technical chart it can be observed that the 200-day simple moving average is moving higher and could allow the rate to slightly surge. Meanwhile, this week, additional technical resistance appeared in the

Tue, 16 Jun 2020 13:22:29 GMT

DUK+/EUR tests 200-day SMA

The DUK+/EUR currency exchange rate has made an attempt to surge, which was stopped by the resistance of the 200-day simple moving average. Daily Candle Chart On the technical chart it can be observed that the 200-day simple moving average is moving higher and could allow the rate to slightly surge. Meanwhile, take into account that it is the only technical

Mon, 08 Jun 2020 14:29:08 GMT

DUK+/EUR remains above 1.5000

The forecast of the DUK+/EUR remaining above the 1.5000 mark has become reality. However, it did not surge, the rate has remained flat due to simultaneously facing strong resistance and having major support. Daily Candle Chart On the technical chart it can be observed that the daily simple moving averages have been impacting the currency exchange rate. Namely, the 55-day SMA has

Mon, 01 Jun 2020 13:14:22 GMT

DUK+/EUR will remain above 1.5000

On Monday, June 1, the DUK+/EUR exchange rate jumped to 1.5100. Moreover, it was not going to decline below this level, as a massive amount of buy orders was set at 1.5000. Daily Candle Chart On the technical chart it was spotted this week that the rate has begun to respect the resistance of the 100-day simple moving average. It provided

Mon, 18 May 2020 15:39:52 GMT

DUK+/EUR tests resistance of 1.5500

On Monday, May 18, DUK+/EUR traded near the 1.3400 level, where it had retreated after touching the high level of 1.5500. Daily Candle Chart On the daily candle chart it can be spotted that the exchange rate did not respect the resistance of the 55 and 200-day simple moving averages during its recent surge. Market Depth Market Depth reveals, where traders have

Tue, 05 May 2020 12:50:44 GMT

DUK+/EUR fulfills forecasts

Both possible forecast scenarios of last week became reality. By large, DUK+/EUR continued to trade sideways. However, there was one exception, as the pair attempted to pass the resistance of the 200-day SMA and a sell order cluster near 1.4700. Daily Candle Chart On the daily candle chart it can be spotted that the exchange rate respected the resistance of

Tue, 28 Apr 2020 12:54:45 GMT

DUK+/EUR trades sideways at 1.3500

Throughout the week up to April 28, the DUK+/EUR currency exchange rate traded near the 1.3500 mark. In the meantime, it was discovered that a large concentration of buy orders had appeared near 1.3000 and 1.2500 exchange levels. Daily Candle Chart On the daily candle chart it can be spotted that the exchange rate is ignoring the monthly simple pivot points.

Mon, 20 Apr 2020 14:21:20 GMT

Dukascoin remains near 1.3000

On Thursday, the DUK+/EUR rate experienced a sharp surge to the 1.7500 level. After touching this level, the pair began a decline. By the middle of Monday's GMT trading hours, Dukascoin was back at the 1.3000 level, where it had previously traded throughout most of April. Daily Candle Chart By looking at the daily candle chart, one can observe that

Tue, 14 Apr 2020 12:47:20 GMT

DUK+/EUR trades sideways

As it was expected, the DUK+/EUR exchange rate did not decline. The pair found support in the 1.3000 level and traded above it since April 9. Meanwhile, in regards to the near term future, pay attention to the changes in the market orders. It can be spotted that there no longer is a cluster of buy orders at 1.2500. In addition,

Mon, 06 Apr 2020 15:39:19 GMT

DUK+/EUR stops decline

The decline of the DUK+/EUR currency exchange rate has reached the 1.3000 level. However, various signs indicated that the decline of the Dukascoin is unlikely going to continue. Daily Candle Chart On the daily candle chart, the rate has left above it the 55 and 100-day simple moving averages, which at the start of the week were located near

Mon, 30 Mar 2020 12:52:05 GMT

DUK+/EUR signals and executes a fall

DUK+/EUR has ended sideways trading and squeeze by breaking out downwards. On Sunday, March 29, the exchange rate plummeted down to the 1.4500 level. Moreover, the pair had no support as low as the 200-day SMA at the 1.3650 level. In theory, this exchange level could be reached in the near term future. Daily Candle Chart On the daily candle chart,

Tue, 24 Mar 2020 14:58:13 GMT

DUK+/EUR is approached by support

As the DUK+/EUR currency exchange rate continues to trade sideways near the 1.7500 level, it has been approached by a technical support level. Namely, the 100-day simple moving average has reached the pair. In theory, the simple moving average should push the rate up to the cluster of various resistance levels that surround the 1.8500 mark. Daily Candle Chart On the

Tue, 10 Mar 2020 13:36:56 GMT

Dukascoin trades flat

Since reaching the 1.7500 level, the DUK+/EUR currency exchange rate has traded flat just above that exchange rate level. In the meantime, it appeared that the sideways trading could end with a sharp move. The rate had no resistance as high as 1.8600, and the closest by support was located at 1.7000. Daily Candle Chart On the daily candle chart, it

Tue, 03 Mar 2020 15:24:06 GMT

DUK+/EUR aims at 1.7000 level

The DUK+/EUR currency exchange rate passed the support of the 55-day simple moving average. In the aftermath of the support level failing, the rate began a slow decline. On March 3, the pair was expected to decline to the cluster of the buy orders that was located near 1.7000 mark. Daily Candle Chart On the daily candle chart, it can be

Mon, 24 Feb 2020 13:46:43 GMT

DUK+/EUR finds support in daily SMA

The 55-day simple moving average has caught up with the DUK+/EUR currency exchange rate. However, it has occurred not only by the SMA moving higher, but also due to the pair declining to the 1.8000 level. At the start of this week, it could be observed that the exchange rate was being pushed up by the SMA. Daily Candle Chart On

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