AUD/USD breaks December high level

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


On Thursday morning, the Australian Dollar succeeded against the US Dollar in its second attempt to book a new December high level. Previously, the 0.7222 level held and caused a retracement down to the 0.7200 level and the weekly R1 simple pivot point.

The passing of the previous December high level has left the rate with no resistance as high as the weekly R2 simple pivot point at 0.7281. The pivot point is considered the potential target of the AUD/USD. Above the pivot point, the 0.7300 mark might act as resistance.

On the other hand, a decline might find support in the 0.7222 level, the weekly R1 simple pivot point at 0.7204 and the approaching 50-hour simple moving average.
Back to articles

Actual Topics

Thu, 23 Dec 2021 10:15:53 GMT

GBP/JPY books new high

By the middle of Thursday's trading, the GBP/JPY had reached above the 153.20 level. During its surge, the rate was slowed down by the 151.50 level, the weekly R1 simple pivot point at 152.23 and the previous December high level at 152.60. If the pair continues to surge, the 153.50 mark might slow down a surge. Meanwhile, the weekly R2

Thu, 23 Dec 2021 09:56:19 GMT

EUR/JPY extends its surge to 129.50

On Wednesday, the EUR/JPY currency exchange rate passed the resistance of the 129.00 mark and the technical levels that were strengthening it. Afterwards, the 129.00 level was confirmed as support and the pair almost immediately reached the 129.50 level. By the middle of Thursday's European trading, the pair was still located below the 129.50 mark. In the case that the

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.