USD/RUB surges above 77.00

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


The USD/RUB ended its sideways trading in the 73.20/74.50 range by surging. The surge passed the zone of the resistance and support zone of 75.30/75.80. During the first week of the year, the pair touched the 77.20 level, which acted as resistance. On January 7, the currency pair had retraced back down to the 75.30/75.80 zone

A continuation of the surge might find resistance once again in the 77.00 mark. Higher above, the April 2021 high level zone below the 78.00 level could stop and reverse the rate's direction.

Meanwhile, a potential decline would have to pass the 75.30/75.80 zone, before reaching the 61.80% Fibonacci retracement level at 74.50.
Back to articles

Actual Topics

Mon, 10 Jan 2022 11:36:26 GMT

EUR/NZD trades sideways

The EUR/NZD currency exchange rate has been trading sideways since the start of December. Namely, the pair fluctuates between the support zone at 1.6515/1.6560 and resistance at 1.6775/1.6840. A surge above the resistance zone might eventually reach the resistance of the August high level at 1.7170. However, the 1.7000 mark could stop a potential surge. On the other hand, a decline

Fri, 07 Jan 2022 11:40:40 GMT

NZD/USD respects round levels

On December 15, the NZD/USD currency exchange rate ended a 515 base point or 7.15% decline from 0.7220. The decline ended at the 0.6700 mark, which provided support on three trading sessions. Meanwhile, resistance has been found in a zone that surrounds the 0.6850 mark. Most recently, the rate bounced off the 0.6850 zone and began a decline, which on

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.