USD/CAD is highly volatile

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


The USD/CAD found support in the 1.2600 during the first part of Thursday's trading. By the middle of Friday, the currency pair was almost 200 base points higher, as the rate was approaching the 1.2800 mark.

A move above the 1.2800 mark might find resistance at 1.2850 and the weekly R1 simple pivot point at 1.2863, before approaching the February high level at 1.2880.

On the other hand, a potential decline of the rate might look for support in the weekly simple pivot point at 1.2775, the 200-hour simple moving average near 1.2730, the 50-hour simple moving average near 1.2670. However, all of these technical levels have been mostly ignored.
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Fri, 04 Mar 2022 15:39:16 GMT

EUR/USD drops and reaches 1.0900

Due to an ongoing run to safety, the markets have rallied the US Dollar to levels not seen since 2020. On the EUR/USD charts it has resulted in a drop below the 1.1000 mark. Moreover, the round level did not even act as support, as by the start of Friday's US trading hours, the rate had reached the 1.0900

Fri, 04 Mar 2022 13:54:29 GMT

GBP/JPY approaches February low level

At mid-day on Friday, the GBP/JPY currency exchange rate's decline was approaching the support of the February low level at 152.67. At the time of analysis, it appeared that the support is set to fail. A continuation of the decline of the Pound against the Japanese Yen could look for support in the 152.50 and 152.00 levels, before approaching the

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