EUR/USD reaches above 1.1300

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


On Wednesday, the recovery of the Euro against the US Dollar continued to surge, as the pair breached the weekly R1 simple pivot point at 1.1293 and the 1.1300 mark. By the middle of the day's trading, the pair had reached above 1.1320.

If the pair continues to surge, the EUR/USD could eventually reach the 1.1365 mark, which acted as resistance and support during January. In addition, take into account that the 1.1350 mark might act as resistance. Meanwhile, note that there are no close by technical resistance levels as high as the 1.1434 level. At that level, the weekly R2 simple pivot point is located at.

On the other hand, a decline of the Euro against the USD would most likely look for support in the 1.1300 mark and the weekly R1 at 1.1293, before aiming at the 50 and 200-hour simple moving averages at the 1.1250 level.
Back to articles

Actual Topics

Wed, 02 Feb 2022 13:59:56 GMT

GBP/USD trades above 1.3550

The surge of the GBP/USD currency exchange rate has reached above the 1.3550 mark. In general, it was initially seen that the pair has no technical resistance as high as the weekly R2 simple pivot point at 1.3650. Meanwhile, it was expected that the 1.3600 mark could act as resistance. However, additional analysis revealed that the recent surge of the

Wed, 02 Feb 2022 08:56:30 GMT

USD/CAD faces strong resistance

The USD/CAD almost reached the 1.2650 mark on Tuesday, before starting a recovery. The recovery was stopped by the resistance of the 50-hour simple moving average near 1.2730. On Wednesday, the currency exchange rate was fluctuating in the 1.2675/1.2700 range. In the case of a surge, the pair would face the resistance of the 1.2700 mark, the weekly simple pivot point

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.