The market faces a massive, never before seen, amount of sell orders at 3.5100. Namely, 6,386.60 coins should be sold at 3.5100. Due to that reason a surge of the price is highly unlikely. Meanwhile, during the last week, the rate has remained almost flat. Daily Candle Chart What can be concluded from the technical chart is that the simple moving averages
The DUK+/EUR currency exchange rate has continue to trade sideways. Moreover, no sudden spikes have taken place, as the rate has remained between 3.5000 and 3.6000 since February 10. In the meantime, during the last week, sell orders have moved to the range from 3.5700 to 3.6000. Daily Candle Chart What can be concluded from the technical chart is that the simple
The DUK+/EUR currency exchange rate has continue to trade sideways. Moreover, no sudden spikes have taken place, as the rate has remained between 3.5000 and 3.6000 since February 10. Meanwhile, the 55-day simple moving average, failed to provide enough support to the rate to cause a surge. However, the SMA did manage to hold the rate up for one trading session. Daily
The DUK+/EUR currency exchange rate has remained in the range between 3.5000 and 3.8600. Namely, at first glance the situation has not changed. However, on Wednesday, the rate was reached by the 55-day simple moving average, which could provide technical support. Daily Candle Chart As previously forecast, the 55-day simple moving average has reached the rate. It could provide technical support and
The DUK+/EUR currency exchange rate has declined to trade above the 3.5000 mark. It reached this level by gradually declining from trading flat for two weeks near the 4.0000 mark. In the meantime, pending trade orders had changed significantly. Daily Candle Chart The most notable fact to note on the daily candle chart was that the rate was being approached by the
The most noteworthy updated aspect of the DUK+/EUR currency exchange rate is the lack of buy and sell orders at dukascoin.com. Meanwhile, during the previous week, the situation by far has remained unchanged. With the exception of one spike up on January 14, the DUK+/EUR currency exchange rate has continued to fluctuate almost flat. Namely, the rate has been trading in the
With the exception of one spike up on January 14, the DUK+/EUR currency exchange rate has continued to fluctuate almost flat. Namely, the rate has been trading in the range between the 4.0000 and 4.2500 levels. Meanwhile, the spike had shortly reached above the 4.5000 level. In the meantime, it was spotted that the buy and sell order clusters had not moved.
In the aftermath of the prior publication, some feedback was provided by the readers. Namely, they did not understood, how the price could be 7.0000, if their charts show 5.8000. The situation occurred due to a 20% spread on Monday, January 4. Note that the publication uses the ask prices, but some use bid price charts. The ask price record
Eventually, the DUK+/EUR broke out of the 2.3000/2.4700 zone. As this occurred, traders started buying. In the meantime, there was absence of sellers, during the New Year's holidays. This event resulted in a sharp surge, which by the middle of Monday, January 4, had reached the 7.0000 mark. Namely, a 182.21% surge occurred. However, after touching the high level, the rate
A new high level has been reached by the DUK+/EUR currency exchange rate, as the pair has touched the 2.4700 level. In regards to the near term future, the pair was expected to remain in the 2.3000/2.4700 zone. The zone's borders were made up of notable buy and sell order clusters. Daily Candle Chart On the daily candle chart, as it was
As it was expected, as soon as the DUK+/EUR currency exchange rate ended its consolidation by retracing down, the rate resumed its surge and reached a new high level at 2.3820. However, after reaching this level a new retracement back down started. Clues in regards to where the decline would end could be found in the information about the set
The low volatility of the DUK+/EUR currency exchange rate resulted in a sharp move upwards, as it was expected and described last week. The rate broke out of the triangle pattern and touched the 2.2000 level before retracing back down. In regards to the future, it appears that future gains are possible in the aftermath of the ongoing retracement back down. Daily
The DUK+/EUR exchange rate has revealed a symmetrical triangle pattern, which can be used for future guidance. Meanwhile, sell orders remain at 2.0000, as the buy orders have been moved up to 1.7700. In addition, the amount of sell orders has decreased. Daily Candle Chart On the daily candle chart, a symmetrical triangle pattern can be observed. It represents how the rate's
The DUK+/EUR pair has remained below the 1.8800 level, where selling occurred the week before. In the meantime, during the week, it was spotted that the rate finds support and resistance in round price levels, despite the fact that sell and buy order clusters were not observed at these levels. Meanwhile, notable clusters of sell and buy orders have moved
Last week, the DUK+/EUR currency exchange rate ended sideways trading and reached the large sell order cluster at the 1.8900 level. This week, there were still sell orders present near this level. However, their number was a lot smaller, which indicated that more gains are possible. Daily Candle Chart On the daily candle chart, the surge can be explained by using
Throughout the last week, the DUK+/EUR currency exchange rate traded between the support of the 100-day simple moving average and the resistance of the 55-day SMA. This week, the rate could end the sideways trading, as some trader had set up a notable amount of sell orders at the 1.6000 mark, which is between the SMAs. Daily Candle Chart On the daily
During the last week, the DUK+/EUR currency exchange rate has fluctuated sideways between the 1.5700 and 1.6000 levels. In the meantime, notable buy and sell order clusters were located five pips below and above the rate. Daily Candle Chart On the daily candle chart, the rate had no close by technical resistance or support of the monthly simple pivot points. That
Dukascopy Analytics wrote at the start of the previous week that an influx of buy or sell orders could cause a move of the DUK+/EUR rate. Buy orders showed up last week and caused a test of the levels above the 2.0000 mark. Moreover, note that the rate was highly volatile, as it bounced between 2.0500 and 1.6500. Daily Candle
As it was speculated last Monday, the DUK+/EUR made a sharp move, as soon as buying orders appeared. Namely, the rate jumped to the closest by sell orders at 1.7000. At that level selling started. By the middle of October 26 trading, the rate had retreated back to the 1.5500 level. Daily Candle Chart During the last couple of weeks it was
Throughout the last week, the DUK+/EUR currency exchange rate retreated below the 55 and 100-day simple moving averages that were located at 1.5800 and 1.5600. In the meantime, it was spotted this Monday that both buy and sell order clusters had moved away from the exchange rate. Due to that reason an influx of buying or selling could suddenly move the
In the aftermath of the jump to the 1.1950 the DUK+/EUR exchange rate has been trading flat since October 8 in the 1.5600/1.5800 zone. In the meantime, it was spotted that there are no close by significant sell order clusters. Daily Candle Chart On the daily candle chart, the rate is squeezed in between the 55 and 100-day simple moving averages. In the
Last week, the DUK+/EUR currency exchange rate jumped, as it shortly touched the 1.9500 level. However, by the end of the week, the pair had retreated back to trading at the 1.6500 mark. In the meantime, on Monday, it was spotted that there are no close by significant buy order clusters. Daily Candle Chart On the daily candle chart, the rate appears
After trading with high volatility, the DUK+/EUR currency exchange rate began a slow paced surge, which reached the 1.6600 level. In the meantime, by large the situation remained unchanged, as buy and sell orders dictated the rules. Daily Candle Chart On the daily candle chart the pair has left below it the daily simple moving averages. Namely, the 55 and 100-day SMAs
As the DUK+/EUR approached the 1.7000 level, a sell off began, which found support in the combination of the 55 and 100-day simple moving averages. In the near term future, the rate was expected to trade sideways in a wide range. Daily Candle Chart On the daily candle chart the pair has left below it the daily simple moving averages. Namely, the