GBP/USD passes resistance of 1.3870

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


By the middle of Tuesday's European trading hours, the GBP/USD had managed to pass the resistance of the 1.3870 level and reach the 1.3900 mark. The 1.3900 level paused the rate's surge.

In the case of the rate passing the resistance of the 1.3900 mark, the pair would face the 200-hour simple moving average at the 1.3930 level and afterwards the weekly R1 simple pivot point at 1.3982. On the other hand, if the resistance holds, the pair could look for support in the 55-hour SMA near 1.3835.
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Tue, 09 Mar 2021 11:23:01 GMT

USD/JPY reaches new high level

The USD/JPY managed to pass the 108.55/108.65 resistance zone. On Tuesday morning, the currency exchange rate had reached the resistance of the weekly R1 simple pivot point at 109.23. After making attempts to pass it for six hours straight, the pair declined to the support of the 55-hour simple moving average. In the near term future, the rate was expected to

Tue, 09 Mar 2021 11:02:57 GMT

EUR/USD finds support in SMA

The decline of the EUR/USD eventually found support in the weekly S1 simple pivot point at 1.1838. By the middle of Tuesday's GMT trading hours, the currency pair had recovered and reached above the 1.1900 mark. In the case of the pair continuing the surge, the pair could test the resistance of the 1.1950 level, which should be strengthened by

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