GBP/JPY breaks resistance

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


On Wednesday morning, the GBP/JPY currency exchange rate broke the high level zone at 150.67/150.77. However, the following surge appeared to have been stopped by the 151.00 mark.

A move above the 151.00 level could aim at the weekly R1 simple pivot point at 151.33. Above the pivot point, note the 151.50 mark and the resistance line of the October and November high levels.

If the pair declines, it could look for support in the 150.67/150.77 zone. Below the zone, the combination of the weekly simple pivot point at 150.35 and the 50 and 200-hour simple moving averages are highly likely set to act as support.
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Wed, 15 Dec 2021 09:47:26 GMT

USD/CAD reaches above resistance zone

Eventually, the USD/CAD pair reached above the December high level zone and the weekly R1 simple pivot point at 1.2835/1.2853. On Wednesday morning, the rate confirmed the zone as support. Meanwhile, the rate has confirmed that it is trading in a channel up pattern, which has guided the USD against the CAD since December 8. A continuation of the surge of

Wed, 15 Dec 2021 09:33:05 GMT

AUD/USD trades in previous range

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