AUD/USD reaches new December high level

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


The AUD/USD currency exchange rate has reached above the previous December high level zone at 0.7170/0.7173. However, the event was not followed by a follow up surge. Instead the rate began to consolidate by trading sideways between the 0.7160 and 0.7180 levels.

If the pair resumes its surge, it could do so due to the approaching support of the 50-hour simple moving average. A potential surge might reach the resistance of the weekly R2 simple pivot point at 0.7236. Above the weekly R2, the weekly R3 at 0.7299 might stop an upwards move.

However, a decline would have to first pass the support of the 50-hour SMA near 0.7140, before reaching the weekly R1 simple pivot point at 0.7119. The pivot point provided support during the middle of Thursday's trading.
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Thu, 09 Dec 2021 10:13:57 GMT

GBP/JPY trades below 150.00

Despite shortly piercing the resistance of the 200-hour simple moving average, the GBP/JPY currency exchange rate returned to trade below it and declined. By the middle of Thursday's trading hours, the rate had reached below the 150.00 mark, which appeared to have started to act as resistance. If the pair continues to decline, it is expected to approach the support of

Thu, 09 Dec 2021 09:37:59 GMT

EUR/JPY reaches 129.00 level

At mid-day on Wednesday, the EUR/JPY currency exchange rate broke the resistance of the zone at 128.20/128.35 and the weekly R1 simple pivot point at 128.35. Afterwards, the pair reached the 129.00 mark and tested its resistance up to midnight to Thursday. On Thursday morning, the pair declined and looked for support at the 128.20/128.35 zone. Note that the

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