EUR/USD finds support at 1.1260

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


On Monday, the EUR/USD found support in the combination of the 1.1260 and the 50-hour simple moving average. The following surge passed the weekly simple pivot point at 1.1282 and the resistance zone at 1.1320/1.1333. By the start of Tuesday's US trading hours, the pair had almost reached the weekly R1 simple pivot point at 1.1378.

If the pair reaches above the weekly R1 simple pivot point, the EUR/USD might find resistance in the 1.1400 mark. Higher above, the weekly R2 at 1.1429 might act as resistance.

On the other hand, a potential decline might find support in the previously passed zone at 1.1320/1.1333. In addition, note that the 50-hour SMA could move into the zone.
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Tue, 30 Nov 2021 14:50:36 GMT

GBP/USD tests resistance zone

The GBP/USD remains in the range between the resistance zone at 1.3364/1.3370 and the support zone at 1.3300/1.3380. Meanwhile, the 50 and 100-hour simple moving averages manage to have a short lived impact on the pair. At mid-day on Tuesday, the rate was testing the resistance zone. Future forecasts were based upon whether or not the zone holds. In general,

Tue, 30 Nov 2021 08:08:13 GMT

USD/CAD tests resistance of 1.2800 mark

First of all, take into account that the USD/CAD rate has revealed a support zone at 1.2720/1.2732. The support zone has been both keeping the rate from declining and providing support to surges. The pair has made two attempts to surge higher, which have been stopped by the resistance of the 1.2800 level. If the USD/CAD manages to break the

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