Trading Ideas

Note: This section contains information in English only.
Wed, 02 Jun 2021 12:09:48 GMT

DUK+/EUR trades almost flat

The DUK+/EUR currency exchange rate remains below the sell order wall, which is located at the 3.5100 mark. Namely, there were orders to sell 17,496.08 coins for the asking price of 3.5100. In general, the price remains flat at the 3.5000 level. However, from time to time the exchange rate dips. For example, on May 23, the rate shortly traded at

Wed, 02 Jun 2021 11:54:13 GMT

Gold trades between SMAs

After reaching above the 1,915.00 level on Tuesday, the yellow metal's price began a decline. During the first part of Wednesday's trading, the price was fluctuating sideways below the resistance of the 100-hour simple moving average. In the meantime, the rate was being approached by the support of the 200-hour simple moving average. Economic Calendar Analysis There is one major notable event

Wed, 02 Jun 2021 11:49:27 GMT

USD/JPY aims at 110.00 level

The USD/JPY currency exchange rate eventually found enough support in the 109.33/109.36 zone to pass the resistance of the 55-hour simple moving average, which reversed an attempted recovery on Tuesday. By the middle of Wednesday's trading hours, the pair had reached above the 61.80% Fibonacci retracement level at 109.83. Economic Calendar There is one major notable event to watch this week.

Wed, 02 Jun 2021 11:44:06 GMT

GBP/USD continues to decline

During the first half of Wednesday's European trading hours, the GBP/USD reached the 1.4125 level. Meanwhile, the most close by technical support level was located at 1.4119. Economic Calendar There is one major notable event to watch this week. The US Employment data sets on Friday at 12:30 GMT are most likely going to impact the GBP/USD currency exchange rate. Namely,

Wed, 02 Jun 2021 11:13:44 GMT

EUR/USD short traders take profits

On Wednesday, the EUR/USD passed the support of the 55, 100 and 200-hour simple moving averages. Moreover, the 1.2200 mark and the weekly simple pivot point at 1.2198 were passed. By the middle of the day's European trading hours, the rate had reached the 1.2170 level. Economic Calendar Analysis There is one major notable event to watch this week. The US Employment

Tue, 01 Jun 2021 12:33:31 GMT

Gold passes May high level

On Tuesday, the price for gold booked a new high level, as the commodity shortly traded above the 1,915.00 level. The price managed to pass the previous May high of 1,913.12. Economic Calendar Analysis There is one major notable event to watch this week. The US Employment data sets on Friday at 12:30 GMT are most likely going to impact the US

Tue, 01 Jun 2021 12:27:38 GMT

USD/JPY extends decline

The decline of the USD/JPY reached below the 109.40 level, where it found support in the 109.33/109.36 zone. During Tuesday's trading hours, the rate had recovered and reached the resistance of the 55-hour simple moving average near 106.70. Economic Calendar There is one major notable event to watch this week. The US Employment data sets on Friday at 12:30 GMT are

Tue, 01 Jun 2021 12:20:43 GMT

GBP/USD tests February high

Despite passing the resistance of the zone above the 1.4220 level, the GBP/USD did not follow up with a large surge. The rate encountered resistance in the weekly R1 simple pivot point at 1.4246 and the 1.4250 level. By the middle of Tuesday's trading, the pair had retreated to the combined support of the 200-hour SMA and the weekly simple

Tue, 01 Jun 2021 12:15:19 GMT

EUR/USD trades above 1.2200

On Monday, the EUR/USD managed to pass the resistance of the 100 and 200-hour simple moving averages near 1.2200. It was followed by a surge, which on Tuesday was testing the 1.2240 level. Note that the 1.2240 level reversed the rate's two surges. Namely, the EUR/USD bounced off the 1.2240 mark on May 19 and 21. Economic Calendar Analysis There is one

Mon, 31 May 2021 13:09:38 GMT

Gold bounces off resistance

On Monday, the price for gold was testing the resistance of the 1,910.00 level. This level caused a decline during the middle of the last week. Economic Calendar Analysis There is one major notable event to watch this week. The US Employment data sets on Friday at 12:30 GMT are most likely going to impact the US Dollar and the price for

Mon, 31 May 2021 13:01:32 GMT

USD/JPY passes 110.00 level

On Friday, the USD/JPY broke the resistance of the 110.00 mark and touched the 110.20 level. However, a surge did not follow, as the rate declined. On Monday, the rate was located near the 109.70 level. Economic Calendar There is one major notable event to watch this week. The US Employment data sets on Friday at 12:30 GMT are most likely

Mon, 31 May 2021 12:54:10 GMT

GBP/USD faces resistance at 1.4200

On Monday, the GBP/USD traded below the 1.4200 mark, which provided resistance. In the meantime, support was being provided by the 100 and 200-hour simple moving averages near 1.4160. Economic Calendar There is one major notable event to watch this week. The US Employment data sets on Friday at 12:30 GMT are most likely going to impact the GBP/USD currency exchange

Mon, 31 May 2021 12:47:03 GMT

EUR/USD pierced support levels

The EUR/USD pierced the late May support zone above the 1.2160 level on Friday. However, almost immediately the rate returned to trading near the 1.2000 level. On Monday morning, the rate fluctuated in limbo around the round exchange rate level. Economic Calendar Analysis There is one major notable event to watch this week. The US Employment data sets on Friday at 12:30

Fri, 28 May 2021 09:00:47 GMT

Gold likely to edge lower

The yellow metal declined by 133 pips or 0.70% against the US Dollar on Thursday. The commodity breached the 55– hour simple moving average during yesterday's trading session. Economic Calendar Analysis Notable events for this week have ended. Expect an update to the calendar section with the next week's event reviews soon. Click on the link below to find out more about the

Fri, 28 May 2021 08:53:56 GMT

USD/JPY trades below 110.00

Upside risks pressured the US Dollar against the Japanese Yen on Thursday. The currency pair tested the 61.80% Fibonacci retracement level at 109.83 during yesterday's trading session. Economic Calendar Notable events for this week have ended. Expect an update to the calendar section with the next week's event reviews soon. Click on the link below to find out more about the data

Fri, 28 May 2021 08:33:19 GMT

GBP/USD likely to trend bullish

Upside risks controlled the British Pound against the US Dollar on Thursday. The GBP/USD currency pair climbed by 115 pips or 0.82% during yesterday's trading session. Economic Calendar Notable events for this week have ended. Expect an update to the calendar section with the next week's event reviews soon. Click on the link below to find out more about the data releases

Fri, 28 May 2021 08:16:18 GMT

EUR/USD trades below SMAs

The EUR/USD currency pair remained below the 55-, 100– and 200– hour SMAs on Thursday. The exchange rate found support at the 1.2180 level during Thursday's trading session. Economic Calendar Analysis Notable events for this week have ended. Expect an update to the calendar section with the next week's event reviews soon. Click on the link below to find out more about the

Thu, 27 May 2021 18:51:46 GMT

Gold finds support in 100-h SMA

On Wednesday, the yellow metal slumped by 163 pips or 0.86% against the US Dollar. The decline was stopped by the 55– hour simple moving average during Wednesday's trading session. During the early trading hours, the precious metal was trading near the lower line of an ascending channel pattern and could have been set for a breakout. Economic Calendar Analysis Notable events for

Thu, 27 May 2021 18:33:23 GMT

USD/JPY soars above 109.63

The US Dollar surged by 46 pips or 0.42% against the Japanese Yen on Wednesday. A breakout occurred through the upper boundary of a descending channel pattern during Wednesday's trading session. Economic Calendar Notable events for this week have ended. Expect an update to the calendar section with the next week's event reviews soon. Click on the link below to find out

Thu, 27 May 2021 17:46:11 GMT

GBP/USD breaks SMAs

During Wednesday's trading session, the Pound Sterling plunged by 61 pips or 0.43% against the US Dollar. The currency pair breached the 55-, 100– and 200– hour SMAs on Wednesday. Economic Calendar Notable events for this week have ended. Expect an update to the calendar section with the next week's event reviews soon. Click on the link below to find out more

Thu, 27 May 2021 12:43:30 GMT

EUR/USD breakout occurs

On Wednesday, Euro edged lower by 79 pips or 0.65% against the US Dollar. A breakout occurred through the lower boundary of an ascending channel pattern during Wednesday's trading session. Economic Calendar Analysis At 12:30 GMT on Thursday, the US Preliminary GDP has been published. This event has caused EUR/USD moves from 6.3 to 15.1 pips. Note that in most cases the

Wed, 26 May 2021 19:59:05 GMT

Gold makes brief pullback towards 1890.0

During yesterday's trading session, the precious metal soared by 272 pips or 1.46% against the US Dollar. The exchange rate breached the resistance level at 1890.00 on Tuesday. Economic Calendar Analysis At 12:30 GMT on Thursday, the US Preliminary GDP is set to be published. Also on Thursday, the weekly US Unemployment Claims are set to be published at 12:30 GMT. Our

Wed, 26 May 2021 19:45:27 GMT

USD/JPY breaks 200-h SMA

The US Dollar declined by 30 pips or 0.27% against the Japanese Yen on Tuesday. The currency pair breached the 55– and 100– hour SMAs during Tuesday's trading session. Economic Calendar At 12:30 GMT on Thursday, the US Preliminary GDP is set to be published. This event has caused USD/JPY moves from 6.3 to 10.4 pips. Also on Thursday, the weekly

Wed, 26 May 2021 19:29:04 GMT

GBP/USD finds support at 1.4120

On Tuesday, the British Pound declined by 78 pips or 0.55% against the US Dollar. The GBP/USD currency pair breached the 1.4120 level during Tuesday's trading session. Economic Calendar At 12:30 GMT on Thursday, the US Preliminary GDP is set to be published. This event has caused GBP/USD moves from 11.5 to 116.8 pips. Also on Thursday, the weekly US Unemployment

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.