GBP/USD breaks pattern

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


At mid-day on Friday, the GBP/USD broke the week's channel up pattern by passing below the lower trend line of the channel near 1.3120.

If the pair continues to decline, support might be found in the 1.3100 mark and the weekly S1 simple pivot point at 1.3097. Further below, take into account the support zone at 1.3053/1.3070.

Meanwhile, a surge would have to pass the 100-hour simple moving average at 1.3120, the 50-hour SMA at 1.3140 and the 200-hour SMA at 1.3160, before approaching the weekly simple pivot point at 1.3198 and the 1.3200 mark.
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Fri, 01 Apr 2022 13:05:06 GMT

USD/JPY recovers and aims at 123.00

The support levels at 121.00/121.50 held out for a third time and have caused a surge, which has managed to break the resistance of the 122.50 mark. In the near term future, the USD/JPY might encounter resistance at 123.00 and the zone at 123.44/123.70. On the other hand, a potential decline would most likely look for support in the 122.50

Fri, 01 Apr 2022 12:54:10 GMT

EUR/USD decline reaches 1.1050

The EUR/USD has approached the support levels that are spread out from the 1.1040 level up to 1.1050. Below the 1.1050 level, the 200-hour simple moving average at 1.1035 could act as support, before the EUR/USD reaches the 1.1000 mark and the weekly simple pivot point at 1.1004. On the other hand, if the Euro recovers and EUR/USD would face

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