DUK+/EUR remains below 2.0000

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On December 8, the DUK+/EUR currency exchange rate was located at the 1.9800 mark. In the meantime, the pair had close by sell orders at 1.9900 and no buy orders as low as the 1.6100 mark.

Daily Candle Chart



Market Depth
Market Depth reveals, where traders have set up buy and sell orders. The up to date data is published at dukascoin.com. Below, one can observe the market orders on December 8.

In regards to sell orders, in the zone from 1.9900 up to 2.0200 there were orders to sell almost one thousand Dukascoin.

Meanwhile, the closest by notable buy orders were located at the 1.6100 mark. Starting from 1.6100 down to the 1.5400 level, there are bids for nearly one thousand coins.
© Dukascopy Bank SA

© Dukascopy Bank SA


Future outlook
The currency exchange rate is set up for a decline, as there are no close by buy orders. Namely, if a notable seller decided to sell the DUK+ against the Euro, he would have to take the other side of the orders at 1.6100.

On the other hand, a surge of the pair could occur, if a buyer takes out the sell orders that are set up from 1.99000 up to the 2.0200 mark.

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