AUD/USD reaches below 0.7500

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


The support of the 50-hour simple moving average failed to push the AUD/USD currency exchange rate through the resistance of the 0.7537/0.7541 zone. Afterwards, a decline below the 50-hour SMA at 0.7515 occurred. During the second half of Monday's trading, the pair started to find support in the 0.7467/0.7474 zone and resistance was provided by the 0.7500 mark.

If the currency exchange rate surges, the pair might once again test the resistance of the 0.7537/0.7541 zone, before approaching the 0.7555 level where the 2021 October high level is located at. Meanwhile, it appeared on Tuesday that the 50-hour simple moving average was being ignored.

However, a decline of the Australian Dollar compared to the value of the US Dollar is most likely going to result in the currency exchange rate looking for support at the 0.7467/0.7474 zone. Further below, take into account the 200-hour simple moving average near 0.7450 and the early March high level at 0.7440.
Back to articles

Actual Topics

Tue, 29 Mar 2022 08:36:41 GMT

GBP/JPY reveals sideways range

First of all, Dukascopy Analytics apologizes for the mistake of publishing the USD/JPY chart to the 28.03.2022 technical analysis publication of GBP/JPY. The chart codes got mixed up due to a human error of the analyst. In the aftermath of the Bank of Japan bond buying announcement surge, the GBP/JPY retraced downwards. On Tuesday, it was clearly spotted that the rate

Tue, 29 Mar 2022 07:54:10 GMT

EUR/JPY reveals support zone

The EUR/JPY retraced downwards on Monday, in the aftermath of the Bank of Japan bond purchase announcement. Eventually the retracement ended, as support was found at 135.20/135.30. By the middle of Tuesday's trading, the support zone had been tested twice. Meanwhile, the 136.50 mark had acted as resistance. If the currency exchange rate declines, it is expected to look for

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.