EUR/USD breaks resistance levels

Note: This section contains information in English only.
Source: Dukascopy Bank SA
During the early GMT trading hours of Thursday's trading, the EUR/USD broke out of the ascending wedge pattern and passed the resistance of the weekly R2 simple pivot point at 1.0916. 

By the middle of the day, the rate was heading to the weekly R3, which was located at 1.0967. In general, the rate was expected to test the resistance of the R3 pivot point.  

In the case of the pivot point holding, the rate would consolidate its gains by trading sideways below the pivot point. On the other hand, if the pivot point fails, the rate would test the monthly pivot point at 1.0984.
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Thu, 27 Feb 2020 11:50:59 GMT

GBP/USD plummets on Thursday

On Thursday, the GBP/USD plummeted, as the UK announced its stance in trade negotiations with the EU. By the middle of the day's London trading hours, the pair was heading to the support of the weekly S1 simple pivot point at 1.2858.  

Thu, 27 Feb 2020 09:28:50 GMT

NZD/USD target at 0.6353

The New Zealand Dollar depreciated by 34 basis points or 0.54% in value against the US Dollar on Wednesday. The currency pair tested the weekly S1 at 0.6281 during yesterday's trading session.

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