EUR/USD surges above 0.9850

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


The EUR/USD broke the resistance of the 0.9800 level on Monday. By the middle of Tuesday's trading, a follow up surge had reached above the 0.9850 level.

An extension of the ongoing surge of the Euro against the US Dollar could encounter resistance in the weekly R2 simple pivot point at 0.9897 and the 0.9900 mark. Higher above, the 1.0000 parity level might once again act as resistance.

Meanwhile, a decline of the currency pair is expected to look for support in the weekly R1 simple pivot point at 0.9807 and the 0.9800 level. Below these levels note the 50, 100 and 200-hour simple moving averages.
Back to articles

Actual Topics

Tue, 18 Oct 2022 08:32:40 GMT

GBP/USD breaks resistance zone

On Thursday, the GBP/USD currency pair reached above the 1.1400 mark and almost reached the 1.1450 level. However, before reaching the 1.1450 level, the GBP started a decline against the USD. During the early hours of Tuesday's trading, the pair as finding support in the 1.1300 level. Meanwhile, it was spotted that the rate has been surging in a channel

Mon, 17 Oct 2022 08:36:13 GMT

Gold finds support at 1,640.00

The price for gold found support in the 1,640.00 level and the zone above it. On Monday, the price had recovered and reached above 1,650.00 . An extension of the price recovery could encounter resistance in the 50 and 100-hour simple moving averages near 1,660.00. Higher above, the last week's high levels above 1,680.00 might once again stop a surge. A decline

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.