BTC/USD decline reaches 40,000.00

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


As reported on December 1, the price for BTC broke the channel up pattern on November 26. The event was followed by a decline, which recently reached the 40,000.00 mark and a support zone that surrounds it. 

In addition, it was spotted at the start of January that the decline had taken the form of a narrow channel down pattern. However, take into account that the pattern was pierced during the flash crash of December 4.

If the price recovers from the 39,650.00/40,730.00 zone, BTC/USD might test the resistance of the upper trend line of the channel down pattern near 45,000.00. Above the trend line, the combination of the 50 and 200-day simple moving averages might provide resistance near 49,000.00. However, the SMAs have only partially impacted the price, as on they own they have not moved the price.

Meanwhile, a move below the 39,650.00 level could look for support in round exchange rate levels, before reaching the 2021 summer low level zone at 28,850.00/29.700.00.
Back to articles

Actual Topics

Thu, 13 Jan 2022 12:19:43 GMT

USD/MXN finds support in moving average

Throughout 2021, the USD/MXN currency exchange rate has been trading in a wide channel up pattern. In late November, the pair bounced off the pattern's upper trend line and declined. By 2022, the rate had reached the support of the 200-day simple moving average near 20.30. On January 13, the pair was located above the simple moving average. In the

Wed, 12 Jan 2022 09:41:31 GMT

Brent oil approaches historical high

In December, the price for Brent crude oil revealed a support zone between the $65.00 and $70.00 levels. The zone was the catalyst for a surge, which by January 12 had almost reached the $85.00 mark. A continuation of the surge of the commodity price was highly likely to test the resistance of the 2018 and 2021 high level

Subscribe to "Fundamental Analysis" feed

تسجيل
كي تعرف المزيد عن منصة تداول دوكاسكوبي بنك للعملات وعقود الفروقات ومعلومات أخرى متعلقة بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
للمزيد من المعلومات حول التعاون العملي المحتمل,
يرجى الاتصال بنا او ترك طلب لاعادة الاتصال
للمزيد من المعلومات حول منصة تداول الفوركس\الخيارات الثنائية, السوق السويسري للفوركس و اي معلومات اخرى تتعلق بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
كي تعرف المزيد عن منصة تداول دوكاسكوبي بنك للعملات وعقود الفروقات ومعلومات أخرى متعلقة بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
للمزيد من المعلومات حول منصة تداول العملات المشفرة\عقود الفروقات\الفوركس, السوق السويسري للفوركس و اي معلومات اخرى تتعلق بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
للمزيد من المعلومات عن الوسطاء المعرفين واي معلومات أخرى متعلقة بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
للمزيد من المعلومات حول التعاون العملي المحتمل,
يرجى الاتصال بنا او ترك طلب لاعادة الاتصال