USD/JPY declines after new high

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

On Friday, the rate stood at the support of the 55-hour simple moving average at 108.05.

If the SMA manages to push the rate up, it could once more test the resistance of the 108.60 mark. Afterwards, pivot points just above the 109.10 mark would be tested next.

On the other hand, in the case of the SMA failing to provide support, it should decline down to the weekly pivot point at 109.91.
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Mon, 14 Oct 2019 11:11:45 GMT

EUR/USD trades in pattern

On Monday morning, the EUR/USD was surging after bouncing off the support levels from 1.1015 to 1.1020. The rate was expected to test the resistance of the monthly pivot point at the 1.1045 level.

Mon, 14 Oct 2019 08:59:26 GMT

NZD/USD breaches ascending channel

The New Zealand Dollar appreciated by 35 basis points against the US Dollar on Friday.

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