AUD/USD reveals support zone

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


The AUD/USD currency pair has revealed a support zone at 0.6770/0.6775. At mid-day on Monday, the pair was fluctuating between the support zone and the resistance of the 0.6800 level, which was strengthened by the 50-hour simple moving average.

A move above 0.6800 is expected to approach the resistance of the 100-hour simple moving average near 0.6830. Higher above, take into account the weekly simple pivot point at 0.6848 and the 0.6850 level.

On the other hand, a decline is highly likely to look for support in the 0.6770/0.6775 zone. Further below the weekly S1 simple pivot point at 0.6740 could act as support.
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Mon, 05 Sep 2022 10:50:56 GMT

GBP/JPY finds support in pivot point

On Monday morning, the GBP/JPY currency exchange rate found support in the weekly S1 simple pivot point at 160.64. By the middle of the day's European trading, the pair had recovered and broken the resistance of the combination of the 50, 100 and 200-hour simple moving averages and the weekly simple pivot point at 161.50/161.65. A continuation of the surge

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EUR/JPY trades around 140.00

On Friday, the EUR/JPY currency exchange rate bounced off the resistance of the 140.50/140.75 zone. On Monday morning, the pair found support in the last week's low level zone at 138.30/138.70. A move below the support zone could almost immediately find additional support in the 200-hour simple moving average near 138.20. Further below, the 138.00 level might also slow

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