GBP/USD trades between SMAs

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The GBP/USD traded on Monday in the 1.3300/1.3350 range. In the meantime, the pair was being influenced by the resistance and support of the hourly simple moving averages. Namely, the 55 and 100-hour SMAs were providing resistance, as the 200-hour SMA provided support. 

In the near term future, if the pair passes the resistance of the 55 and 100-hour SMAs, the GBP/USD would once again test the resistance zone from 1.3380 to 1.3400.  

On the other hand, if the 200-hour SMA fails to provide support, the rate could first test the support of the 1.3300 mark and afterwards the weekly S1 simple pivot point at 1.3257.
Back to articles

Actual Topics

Mon, 30 Nov 2020 13:45:27 GMT

USD/JPY trades near 104.00

Since Friday, the USD/JPY currency exchange rate has been trading in limbo around the 104.00 level. In the meantime, it was spotted that the rate ignored the support and resistance of the hourly simple moving averages.  

Mon, 30 Nov 2020 13:28:52 GMT

EUR/USD aims at 1.2000

On Monday, the EUR/USD currency exchange rate was heading to the 1.2000 level. This round price level stopped the rate's surge in early September. Future scenarios were based upon whether this level manages to once again provide resistance.

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.