USD/JPY tests support at 107.84

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Monday, the USD/JPY traded above the monthly pivot point that is located at 107.84.

The currency pair was expected to fall below the pivot point, as the resistance of the 55, 100 and 200-hour simple moving averages was approaching from above. Moreover, the rate has broken an ascending pattern, signaling a decline. 

On the other hand, note that the rate might trade sideways until all of the SMAs approach it.
Back to articles

Actual Topics

Mon, 15 Jul 2019 10:12:27 GMT

Gold tests 1,420.00

Gold has made an attempt to surge, which was stopped by the psychological resistance of the 1,420.00 level.

Mon, 15 Jul 2019 10:00:16 GMT

GBP/USD finds support

During the early hours of Monday's London trading session, the GBP/USD had retreated down to the technical support levels near 1.2545.  

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.