AUD/USD pierces February high level

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


This week, the AUD/USD passed the resistance zone at 0.7245/0.7250 and confirmed it as support, before starting a surge. The follow up surge passed above the weekly R1 simple pivot point at 0.7282 and the previous February high level zone at 0.7282/0.7285.

A continuation of the surge of the Australian Dollar against the USD might find resistance in the 0.7300 mark. Higher above, note the 0.7315 mark, which represents the January high level.

Meanwhile, a potential decline of the rate would look for support inn the 0.7245/0.7250 zone, before touching the lower trend line of the channel up pattern near 0.7240. Further below, take into account the 50 and 200-hour simple moving averages near 0.7230 and 0.7210.
Back to articles

Actual Topics

Tue, 01 Mar 2022 10:45:01 GMT

GBP/JPY approaches low levels

The GBP/JPY made three attempts at passing the resistance of the 155.00 mark, which eventually all failed. Meanwhile, the 154.00 level was acting as support. At mid-day on Tuesday, the GBP/JPY rate passed below the 154.00 level. If the decline of the Pound against the Japanese Yen continues, the rate could look for support in the 153.50 mark and the zone

Tue, 01 Mar 2022 10:22:25 GMT

EUR/JPY declines below 128.50

On Tuesday morning, the EUR/JPY currency exchange rate passed below the 128.50 mark and approached the support zone of the January low levels. However, take into account that the zone was pierced on February 24. A move below the low level zone could look for support in the 128.00 mark, which acted as support on February 24. Below the round

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.