GBP/JPY reaches below 150.00

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


The GBP/JPY pair has sharply declined, as by the middle of Monday's trading the rate had passed various support levels and reached below the 150.00 level.

A continuation of the decline of the pair might find support in the weekly S1 simple pivot point at 149.36. However, take into account the 2021 low level zone at 148.50/149.35.

Meanwhile, a recovery might find resistance in the 150.00 mark. A passing of the 150.00 mark could find resistance in the 200 and 50-hour simple moving averages near 150.50 and 150.90.
Back to articles

Actual Topics

Mon, 20 Dec 2021 11:45:40 GMT

USD/CAD returns to high level

On Monday, the USD/CAD returned to trade at the 1.2938 level, which is the previous December high level. A move higher could find resistance in the weekly R1 simple pivot point at 1.2991. Above the pivot point, the 1.3000 mark might stop a surge. On the other hand, a decline of the USD against the CAD might look for support in

Mon, 20 Dec 2021 11:30:24 GMT

AUD/USD reaches below 0.7100

On Monday morning, the AUD/USD currency exchange rate reached below the 0.7100 level. However, after shortly trading below 0.7100, the rate recovered. By the middle of the day's trading, the pair had no resistance as high as the 0.7140 level, where a resistance zone was located at. Above the zone, the 50 and 200-hour simple moving averages and the weekly simple

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.