AUD/USD still trades sideways

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


The AUD/USD has continued to trade in the range between support at 0.7467/0.7474 and resistance at 0.7537/0.7541. On Thursday morning, the rate was looking for support in the 0.7467/0.7474 zone.

If the pair passes below the support zone, the early March high level at 0.7440 might act as support. Further below, the weekly S1 simple pivot point at 0.7416 could stop a potential decline.

However, a recovery of the Australian Dollar against the US Dollar is expected to encounter resistance in the 50-hour simple moving average near 0.7500. Higher above, the 0.7537/0.7541 zone is located at.
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Thu, 31 Mar 2022 09:14:35 GMT

GBP/JPY remains near 160.00 level

Since hitting the low level zone at 159.05/159.15 on Wednesday, the GBP/JPY recovered until the pair encountered resistance at 160.87/160.92. By 09:00 GMT the pair had retraced downwards and found support in the 159.50 level. If the currency exchange rate surges, the pair is expected to encounter resistance at the 160.50 mark and the 50-hour simple moving average. Higher above,

Thu, 31 Mar 2022 08:41:39 GMT

EUR/JPY encounters resistance in pivot point

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