EUR/USD is heading to 1.13

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Friday, the EUR/USD traded below the 1.1350 mark. It had declined there after plummeting suddenly in the afternoon of Thursday.

In the near future, the currency exchange rate is expected to continue to decline down to the 1.1300 level. At that level the weekly S1 and the lower trend line of a dominant pattern will meet with the rate. 

If the rate, bounces off the support level it will face no resistance to reach back up to the 1.1380 levels. On the other hand it might pierce it and continue to decline.
Back to articles

Actual Topics

Fri, 09 Nov 2018 10:25:29 GMT

GBP/USD reaches for SMA at 1.2970

The GBP/USD is heading lower on Friday. Previously, the rate confirmed the 100-hour simple moving average as resistance and began a decline. The decline of the pair was almost over by the middle of Friday's trading. The reason for that was the fact that the pair was about to meet with the lower trend line of the 200-hour SMA at

Thu, 08 Nov 2018 06:20:26 GMT

XAU/USD slumps to 1,222.00

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.