EUR/USD breaks all resistance

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


After breaking all of the resistance near the 1.2260 level at midnight to Wednesday, the rate was heading to the resistance of the 1.2323 level, where the weekly R2 simple pivot point was located.

In the case of the pivot point failing to provide resistance, the pair could reach for the weekly R3 at 1.2389 and afterwards, the 1.2400 round exchange rate level.

On the other hand, the pair might be forced to trade sideways by the weekly R2, as it could consolidate in the aftermath of the recent major gains.
Back to articles

Actual Topics

Wed, 30 Dec 2020 16:39:40 GMT

GBP/USD reaches 1.3600 mark

The rate has approached the resistance zone of the December high levels. In the case of this zone being passed, the GBP/USD could reach for the weekly R1 simple pivot point at 1.3734. However, prior to reaching this level, the rate could face the resistance of the 1.3650 and 1.3700 levels. On the other hand, in the case of the

Wed, 30 Dec 2020 08:35:37 GMT

NZD/USD breakout occurs

The New Zealand Dollar has surged by 78 pips or 1.09% against the US Dollar since Tuesday's trading session. A breakout occurred through the upper line of an ascending channel pattern on Wednesday.

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.