EUR/JPY finds resistance at 128.20

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


On Thursday, the EUR/JPY currency exchange rate found resistance in the 128.20 level. The 128.20 mark's resistance was tested two times, before a decline of the pair began. On Friday morning, the rate was being pushed down by the 50-hour simple moving average.

If the pair continues to decline, it would most likely once again look for support in the 127.50 mark and the weekly S1 simple pivot point at 127.53 This week, the rate found support in these levels two times. Below these levels, there is no technical support as low as the weekly S2 simple pivot point at 126.76. However, take into account that the 127.00 mark might act as support.

Meanwhile, a passing of the resistance of the 50-hour simple moving average and the 128.20 mark, could result in the rate reaching the resistance of the weekly simple pivot point and the 200-hour simple moving average at 128.56.
Back to articles

Actual Topics

Fri, 03 Dec 2021 07:51:18 GMT

AUD/USD hits new low level

The AUD/USD currency pair passed the support zone at 0.7092/0.7094. Namely, the support zone held for seventeen hours before it was passed. The event resulted in a decline, which by the start of Friday's European trading had almost reached the weekly S1 simple pivot point at 0.7056. In addition, the 0.7050 mark might serve as support. In the meantime, note that

Thu, 02 Dec 2021 14:25:21 GMT

Gold books new low level

Gold booked a new low level during early Thursday's trading, as the price for gold shortly fluctuated at the 1,769.00 level. In the meantime, it was spotted during the afternoon that the 50-hour simple moving average and the previous support zone at 1,778.60/1,782.70 were providing resistance to the metal's recovery. A potential resumption of the decline of the metal could decline

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.