Wypróbuj demo Otwórz konto
Handel
CFD
Binarne
Krypto
Bankowość
B2B
Rynki
O nas
Wypróbuj demo Otwórz konto

EUR/USD retreats below 1.0800

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


The EUR/USD has bounced off the resistance zone at 1.0825/1.0830 and declined below 1.0800 level. Moreover, the pair has passed the support of the 55-hour simple moving average.

An extension of the ongoing decline might result in the pair once again looking for support in the 1.0760 level. Further below, the weekly S1 could act as support at 1.0740, before the rate reaches 1.0700.

On the other hand, a potential surge would have to break the 1.0825/1.0830 resistance zone. Higher above, the 200-hour SMA might act as resistance.
Back to articles

Actual Topics

23 May 2023

GBP/USD passes below support

On Tuesday morning, the GBP/USD currency exchange rate passed below the support zone at 1.2390/1.2395. Next target for the decline might be the weekly S1 simple pivot point at 1.2373. Below the weekly S1 simple pivot point, there is no technical support as low as the 1.2300 mark and the weekly S2 simple pivot point at 1.2304. Further below, the

22 May 2023

Gold books new low

The price of gold declined to the 1,955.00 level during the prior week. However, on Friday, a recovery started and the price reached back up to 1,980.00 levels. An extension of the recovery of the commodity price might encounter resistance in the 2,000.00/2,010.00 range and the 200-hour simple moving average. Above the resistance zone take into account round levels that have

22 May 2023

USD/JPY breaks ascending pattern

The sharp surge of the US Dollar against the Japanese Yen ended on Friday at mid-day. On that day the Chairman of the US Federal Reserve Jerome Powell spoke at an event with the ex-Chairman Bernanke. The comments made by the two caused a run to safety. From a technical perspective, the pair broke the channel up pattern and declined