AUD/USD reaches 0.7000 mark

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


The US CPI caused a strengthening of the US Dollar on Friday. During the early hours of Monday's trading, the pair had reached the 0.7000 mark. The round exchange rate level acted as support during the first hours of trading.

A move below the 0.7000 mark might look for support in the weekly S1 simple pivot point at 0.6972 and the weekly S2 simple pivot point at 0.6900.

On the other hand, a potential recovery of the Australian Dollar against the US Dollar could encounter resistance in 0.7020, 0.7040, 0.7060 and 0.7080 levels, which all have acted as support and resistance during the recent weeks.
Back to articles

Actual Topics

Mon, 13 Jun 2022 08:58:01 GMT

GBP/JPY plummets below 165.00

The GBP/JPY currency exchange rate has reached below the recent low level support line, the weekly simple pivot point, the 200-hour simple moving average and the 165.00 mark. The reason for the move is fundamental. The government of Japan has addressed the issue of a too low Japanese Yen. Namely, as measures of increasing the value of the Japanese currency

Mon, 13 Jun 2022 07:51:50 GMT

EUR/JPY declines to 141.00

The EUR/JPY currency pair has reached the 141.00 mark's support on Friday. On Monday morning, the rate was approached by the additional support of the 200-hour simple moving average. A recovery from the 141.00 level is set to encounter resistance in the weekly simple pivot point at 141.80, before approaching the 142.00 level. In the meantime, the 142.00 level was

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.