Bitcoin tests resistance zone

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


Since the second part of June, the price for Bitcoin has been testing the resistance zone at 21,970.00/24,340.00. During late July, the rate had even approached the upper border of the resistance zone. On July 28, the pair was located at the 23,000.00 mark.

A move above the 24,340.00 level is expected to encounter resistance in the 25,000.00 mark. Higher above, take into account the resistance line of the 2022 channel down pattern and the 29,500.00/28,800.00 zone.

On the other hand, a decline of the cryptocurrency is set to look for support in the 2020 high at 20,100.00 and the 20,000.00 mark, prior to approaching the historical low levels that are marked at 17,613.10, 16,450.00 and 16,000.00.
Back to articles

Actual Topics

Thu, 28 Jul 2022 09:18:18 GMT

Natural Gas respects low and high zones

The price for natural gas found support in the 5.35/5.60 zone at the start of July. The event was followed by a sharp surge up to the late May and early June high level zone at 9.45/9.67. On July 26, the price bounced off the resistance zone and retreated to 8.50. In the case of the commodity price declining, round

Tue, 26 Jul 2022 12:00:01 GMT

Brent crude oil finds support at 95.00

Despite piercing the low level zone at 97.00/98.60 and the 200-day simple moving average, the price for Brent crude oil found support and recovered in mid-July. Support was found in the 95.00 level. On July 26, the commodity price was fluctuating above the 105.00 mark and appeared to face no resistance. In theory, Brent crude oil might surge and encounter

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.