AUD/USD breaks pattern

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


On Monday morning, the AUD/USD currency exchange rate broke the resistance line of the channel down pattern, which had guided the rate since the start of November. A potential target for the following morning surge was the 200-hour simple moving average at 0.7375.

A passing above the resistance of the 200-hour simple moving average at 0.7375 could result in a move to the 0.7400 mark. Above the 0.7400 level, the weekly R1 simple pivot point at 0.7414 might provide resistance.

On the other hand, if the 200-hour SMA pushes the rate down, the AUD/USD might look for support in the weekly simple pivot point at 0.7345. Below the pivot point, note the 50-hour SMA at 0.7310.
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Mon, 15 Nov 2021 10:03:12 GMT

GBP/JPY reaches above 153.00

On Monday morning, the GBP/JPY currency exchange rate reached above the 153.00 level. The 153.00 mark provided resistance on Thursday and reversed the rate's recovery by causing a drop to the 152.40 level. Meanwhile, the pair was finding support in the 50-hour simple moving average at 152.70. If the pair surges, it would reach for the 153.50 mark. Note that the

Mon, 15 Nov 2021 09:44:27 GMT

EUR/JPY retraces up to a moving average

On Friday, the EUR/JPY found support in the 130.20/130.30 range. The following recovery lasted into Monday's Asian trading hours, as the pair retraced up to the resistance of the 50-hour simple moving average. By the middle of the day, the SMA appeared to have stopped the pair's recovery. In the case that the rate declines, it would first look for

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