USD/CAD drops below 1.2500

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


On Wednesday, the USD/CAD passed below the 1.2500 mark. During the early hours of Thursday's trading, the pair found support in the 1.2460 level. By the middle of the day, the rate fluctuated between the 1.2460 and 1.2500 levels.

If the pair recovers above the 1.2500 mark, the weekly S1 simple pivot point at 1.2527 might act as resistance. Higher above, note the 1.2540 level and the 50-hour simple moving average.

However, a potential decline might look for additional support in the weekly S2 simple pivot point at 1.2446, before approaching the April low level at 1.2402.
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Thu, 21 Apr 2022 13:13:29 GMT

EUR/USD reaches resistance zone

On Thursday, the EUR/USD jumped and hit the April high level zone at 1.0920/1.0938. By the middle of the day's GMT trading hours, the rate had bounced off the zone and retraced down to the 1.0880 level. If the Euro continues to decline against the US Dollar, the pair might look for support in the Tuesdays high level zone at

Thu, 21 Apr 2022 10:43:02 GMT

GBP/JPY finds support at 166.50

The GBP/JPY pair passed below various support levels during Wednesday's trading. Eventually, the rate found support in the 166.50 mark. Afterwards, a recovery ot the weekly R3 simple pivot point at 167.84 occurred. During the middle of Thursday's trading, the rate was located between the 167.00 and 167.50 levels. A surge of the pair above 167.50 would have to face the

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