USD/JPY tests resistance zone

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


During the first half of Wednesday's trading hours, the USD/JPY currency pair was testing the resistance of the 132.45/132.65 zone.

A recovery of the US Dollar and move above 132.65 might be slowed down by the 133.00, 133.50 and 134.00 levels, before the resistance zone near 134.50 would be once again reached. In addition, note the weekly R1 simple pivot point at 134.70.

On the other hand, a move of the rate below the support of 131.30/131.40 could pause at the 131.00 mark, prior to approaching the December 20 low level at 130.57 and the 130.50 level.
Back to articles

Actual Topics

Wed, 11 Jan 2023 11:23:56 GMT

Gold breaks resistance zone

The additional support of the 50-hour simple moving average was enough to cause a move of the price for gold above the 1,879.30/1,881.60 resistance zone. A continuation of the surge might eventually test the 1,900.00 mark. On the other hand, a decline could look for support in the 1,879.30/1,881.60 and 1,867.90/1,870.40 zones. However, the direction of the price is bound

Wed, 11 Jan 2023 10:56:57 GMT

GBP/USD waits for data

The GBP/USD currency exchange rate remains near 1.2150, as it expects the release of the US Consumer Price Index and the UK GDP data. A move below the support zone and the 1.2100 level might look for support in the combination of the 100 and 200-hour simple moving averages near 1.2050. Further below, note the 1.2000/1.2025 range and the weekly

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.