EUR/US reaches below 1.0500

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


The resistance zone at 1.0600/1.0607 held and the EUR/USD eventually passed below various support levels. During the early hours of Wednesday's trading, the pair had shortly traded below the 1.0500 mark. Meanwhile, resistance was found in the combination of the 50, 100 and 200-hour simple moving averages and the weekly simple pivot point at 1.0542.

If the rate passes above the resistance levels that are located from the 1.0535/1.0550, the 1.0600 mark is expected to once again act as resistance, prior to the rate reaching the weekly R1 simple pivot point at 1.0616.

On the other hand, a potential decline of the currency exchange rate might find support in the 1.0500 mark and the weekly S1 simple pivot point at 1.0479.
Back to articles

Actual Topics

Wed, 29 Jun 2022 13:26:27 GMT

GBP/USD reaches below low levels

The GBP/USD currency pair has passed below the support of the weekly S1 simple pivot point at 1.2174 and the previous week's low level zone at 1.2160/1.2170. A continuation of the decline of the Pound against the US Dollar might look for support in the 1.2150 and 1.2100 levels, before reaching the weekly S2 simple pivot point at 1.2085. Meanwhile, a

Tue, 28 Jun 2022 11:20:53 GMT

Gold looks for support in previous low levels

The bounce off from the resistance of the descending trend line eventually reached the last week's low level zone at 1,816.90/1,823.50. If the support levels hold, a potential recovery of the commodity price might occur. A move higher could encounter resistance in the combination of the 1,830.00 level and the 50 and 100-hour simple moving averages. Higher above, note the descending

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.