ETH/USD looks for support

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


The price for Ethereum dropped to the 2021 summer low level at 1,721.00 on May 11. The low level acted as support and caused a retracement to the previous 2022 low level zone, which acted as resistance. On May 26, the ETH/USD pair was back at the 1,721.00 level.

If the price passes below the 1,721.00 level, support could be found in round levels, which impacted the asset price throughout 2020 and 2021. Namely, the 1,550.00, 1,400.00 and 1,000.00 levels are expected to act as support.

Meanwhile, a potential recovery is set to face the resistance of the 2,165.00/2,320.00 zone, which acted as resistance during the middle of May.
Back to articles

Actual Topics

Thu, 26 May 2022 15:51:25 GMT

UK100 index reveals support below 7,200.00

The decline of the UK top 100 stock index found support in early May in the 7,155.00/7,185.00 zone. Since the event, the index has been highly volatile in the 7,200.00/7,500.00 range. On May 26, the index appeared to have broken out of the range to the upside. A potential surge of the stocks could encounter resistance in the 7,600.00 mark and

Wed, 25 May 2022 11:48:20 GMT

USD/SGD broke all resistance

Since the previous review of the USD/SGD technical chart, the pair had broken the resistance zone at 1.3690/1.3750 and the upper trend line of the channel up pattern. Afterwards, a surge occurred to the 1.3990 level on May 12. By May 25, the rate had declined from the 1.3990 level and retraced to the 1.3690/1.3750 range. If the US Dollar resumes

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.