EUR/USD waits for US CPI

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


The EUR/USD remained near previous levels during Tuesday's early trading hours, as the pair waited for the US Consumer Price Index to be released at 13:30 GMT.

In the short term, a surge of the Euro against the US Dollar could test the combined resistance of the 1.0600 mark and the weekly R1 simple pivot point at 1.0603. However, note the Friday's high level zone at 1.0585/1.0589.

Meanwhile, a decline of the currency exchange rate might look for support in the 50 and 100-hour SMAs near 1.0540 and 1.0530, the weekly simple pivot point at 1.0523 . Further below, note the 1.0500 mark and the 200-hour simple moving average.
Back to articles

Actual Topics

Tue, 13 Dec 2022 08:26:17 GMT

GBP/USD stands near 1.2300

The Monday's decline of the GBP against the US Dollar found support in the 100-hour simple moving average near 1.2220. Afterwards, the rate found resistance in the 1.2300 mark. During the first half of Tuesday's trading, the pair remained below the 1.2300 level. A surge above 1.2300 could encounter resistance in the Friday's high level at 1.2320, before approaching the weekly

Mon, 12 Dec 2022 10:50:07 GMT

Gold respects resistance and support ranges

On Friday, the 1,803.30/1,809.90 range forced the price for gold into a decline. It was coincidental with the publication of the United States Producers Price Index being higher than expected. Namely, the higher inflation data set indicates that the US monetary policymakers might increase interest rates and thus strengthen the US Dollar. The following decline found support on Monday

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.