EUR/USD continues to decline

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


The EUR/USD passed the support of the 50, 100 and 200-hour simple moving averages on Thursday. By the middle of Friday's trading, the pair had reached below 1.1270.

A continuation of the decline might find support in the weekly S1 simple pivot point at 1.1242 and the support zone of the low levels at 1.1228/1.1236. Further below, note the November low level at 1.1186.

On the other hand, a potential recovery might find resistance in the weekly simple pivot point at 1.1313 and the hourly simple moving averages in the 1.1295/1.1310 range.
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Fri, 10 Dec 2021 11:28:21 GMT

GBP/USD situation is unchanged

The situation on the GBP/USD chart has remained unchanged. The pair remains between the resistance of the 50 and 100-hour simple moving averages near 1.3210 and 1.3230 and the weekly S1 simple pivot point at 1.3167. The GBP/USD rate would most likely decline, if it passes the support of the weekly S1 simple pivot point. A move below the pivot point

Fri, 10 Dec 2021 09:50:55 GMT

USD/CAD reaches resistance zone

The recovery of the US Dollar against the Canadian Dollar has reached a resistance zone. Namely, the previous low level zone at 1.2713/1.2730 kept the pair down from Thursday evening up to the middle of Friday. A move above the resistance zone would most likely find resistance in the 200-hour SMA and the weekly S1 simple pivot point near 1.2750. Above

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