EUR/USD trades near 1.0850

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


Since late Friday's trading hours up to the middle of Tuesday's trading, the EUR/USD has been trading between the support of the zone at 1.0807/1.0822 and the resistance at 1.0924/1.0942. In the meantime, on Tuesday, the pair was finding support in the 1.0850 level.

If in the near term future the Euro surges against the USD, the rate would have to pass the 1.0924/1.0942 zone, the 1.0950 mark and the 100-hour simple moving average. Higher above, the weekly simple pivot point might act as resistance at 1.0995.

On the other hand, a decline of the Euro against the US Dollar might find support in the 1.0850 mark, before looking for support in the 1.0807/1.0822 and 1.0725/1.0780 zones.
Back to articles

Actual Topics

Tue, 08 Mar 2022 12:19:27 GMT

GBP/USD reaches below 1.3100

Since Monday, the GBP/USD currency exchange rate has been trading between the support of the 1.3100 mark and the resistance of the weekly S1 simple pivot point at 1.3131. However, during the early hours of Tuesday's trading the rate had shortly reached below the 1.3100 mark, which indicates that the pair could soon decline. If the Pound declines against the US

Tue, 08 Mar 2022 10:39:48 GMT

USD/CAD approaches 1.2850 level

On Monday, the USD/CAD passed above the resistance zone near the 1.2800 mark. Moreover, the 1.2800 level was confirmed as support during the midnight hours to Tuesday. On Tuesday morning, the pair reached above the weekly R1 simple pivot point at 1.2822. Next target for the USD against the Canadian Dollar was the 1.2850 mark. A move above the 1.2850 level

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.