GBP/JPY trades sideways

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


Since the middle of Thursday, December 23, trading hours, the GBP/JPY has been fluctuating sideways between the support of the 153.12/153.17 zone and resistance at 153.66/153.80.

A passing of the resistance levels might find resistance at 154.50. Afterwards, the early November low and late November high level of 154.75 is expected to pause or reverse a potential surge. Above the 154.75 mark, the weekly R1 simple pivot point is located at 155.11. In addition, the 155.00 could act as resistance.

On the other hand, a decline would look for support in the 50-hour simple moving average, before reaching the 153.12/153.17 zone.
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Mon, 27 Dec 2021 09:41:53 GMT

USD/CAD tests resistance at 1.2835

Since December 23, the USD/CAD has been testing the lower borders of the 1.2835/1.2855 zone. The zone has been acting as both resistance and support throughout December. Future scenarios were based upon whether or not the zone keeps the USD down against the Canadian Dollar. A move above the 1.2855 level could immediately find resistance in the 200-hour simple moving average

Mon, 27 Dec 2021 09:26:08 GMT

AUD/USD passes support zone

Since late December 23, the AUD/USD currency exchange rate was finding support in the 0.7220 level. On Monday morning, December 27, the pair passed below 0.7220 and appeared to be heading to the 0.7200 mark. Note that the 0.7200 mark acted as support on December 23. A passing below the 0.7200 level could find support in the weekly simple pivot point

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