USD/CAD returns to high level

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


On Monday, the USD/CAD returned to trade at the 1.2938 level, which is the previous December high level.

A move higher could find resistance in the weekly R1 simple pivot point at 1.2991. Above the pivot point, the 1.3000 mark might stop a surge.

On the other hand, a decline of the USD against the CAD might look for support in the combination of the weekly simple pivot point at 1.2849, the 50-hour simple moving average near 1.2835 and the previous high level zone at 1.2835/1.2853.
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Mon, 20 Dec 2021 13:14:54 GMT

EUR/USD recovers on Monday

The EUR/USD found support in the December low level zone and started a recovery on Monday morning. By the middle of the day's trading, the pair had reached the resistance of the weekly simple pivot point at 1.1276. In the case that the EUR continues to gain against the USD, resistance could be found at the 1.1290 level. Near

Mon, 20 Dec 2021 11:37:38 GMT

GBP/JPY reaches below 150.00

The GBP/JPY pair has sharply declined, as by the middle of Monday's trading the rate had passed various support levels and reached below the 150.00 level. A continuation of the decline of the pair might find support in the weekly S1 simple pivot point at 149.36. However, take into account the 2021 low level zone at 148.50/149.35. Meanwhile, a recovery might

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