USD/JPY bounces off SMAs

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


On Friday morning, the USD/JPY bounced off the combined resistance of the 55, 100 and 200-hour simple moving averages and the 110.00 round exchange rate level. Meanwhile, note that the rate ignored the support and resistance of the weekly simple pivot point at 109.82.

In the case that the rate declines, it could look for support near the 109.60 level. A support zone near this level has kept the pair up throughout September.

On the other hand, a potential surge would once again test the resistance of the 110.00 level and the three simple moving averages. Above these levels, the 110.25 might provide additional resistance.
Back to articles

Actual Topics

Fri, 10 Sep 2021 08:50:49 GMT

Gold pierces 1,800.00 level

The yellow metal's price passed the resistance of the 1,800.00 level on Friday morning. The 1,800.00 kept the rate from surging since the start of September 8. However, the price almost immediately found resistance in the 100-hour simple moving average near 1,805.00. In the case that the price passes the 100-hour simple moving average, the bullion could test the resistance of

Fri, 10 Sep 2021 08:36:18 GMT

GBP/USD tests September high

The GBP/USD passed all technical resistance levels up to the September high level zone. On Friday morning, the rate was testing the resistance of the zone. Future forecasts depended on whether the resistance holds. In the case that the September high zone holds, a potential decline would aim at the weekly simple pivot point at 1.3833. Below the pivot point, the

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.