AUD/USD support turns into resistance

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


The 0.6770/0.6775 support zone was confirmed to be acting as resistance during the midnight GMT hours between Wednesday and Thursday. The resistance caused a decline, which was ignoring the weekly S1 simple pivot point and the 50-hour simple moving average. However, it was observed that the rate was respecting the 0.6720 and 0.6760 levels.

A resumption of the AUD/USD decline would have to pass the support of the 0.6720 level, prior to reaching the Wednesday's low level at 0.6700. Further below, note the weekly S2 simple pivot point at 0.6663.

On the other hand, a potential recovery of the Australian currency against the US Dollar might encounter resistance at 0.6770/0.6775 and the 100-hour simple moving average. Higher above, take into account the 200-hour SMA and the 0.6800 mark.
Back to articles

Actual Topics

Thu, 08 Sep 2022 11:14:12 GMT

GBP/JPY trades above 166.00

As the Japanese Yen continues to loose value against other currencies, the GBP/JPY rate has reached above the 166.00 level. However, the event was followed by a retracement back down. By the middle of Thursday's European trading hours, the pair had found support in the combination of the 165.00 mark and the 50-hour simple moving average. In the case of the

Thu, 08 Sep 2022 11:00:39 GMT

EUR/JPY reaches above 144.00

The surge of the EUR/JPY currency pair has reached a new high, as the pair has reached above 144.00. However, the event was followed by a consolidating decline to the 143.50 level. On Thursday, at 12:15 GMT the European Central Bank was set to make a rate statement and a follow up conference was scheduled for 12:45 GMT. In

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.