GBP/JPY finds support near 156.00

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


The decline of the GBP/JPY currency pair eventually found support in the 156.00 level and the weekly S3 simple pivot point. However, both levels were pierced and the pair shortly traded at 155.60. Due to that reason a support zone at 155.60/156.00 has been marked.

If the rate continues to recover, the pair might encounter resistance in the 158.00 mark, the 50-hour simple moving average and the weekly S2 simple pivot point at 158.16. Higher above, note the combination of the 159.50 level, the 100-hour simple moving average and the weekly S1 simple pivot point.

Meanwhile, a potential decline the GBP/JPY would look for support at 155.60/156.00. Further below, the 155.50 and 155.00 levels could act as support, as they have provided support and resistance in March and February.
Back to articles

Actual Topics

Fri, 13 May 2022 12:10:43 GMT

USD/CAD pierces resistance zone

On Thursday evening, the USD/CAD currency pair shortly reached above the resistance zone at 1.3037/1.3053. This event indicated that the pair could surge higher. Meanwhile, it was spotted that during the day the 50 and 100-hour simple moving averages have acted as support. At mid-day on Friday, the pair was located at the 1.3000 mark, which was strengthened by the

Fri, 13 May 2022 11:39:03 GMT

AUD/USD decline books new low level

The decline of the AUD/USD reached below the 0.6850 mark and found support in the 0.6830 level on Thursday. By the middle of Friday's trading hours, the currency pair had recovered to the 0.6900 level, which acted as resistance. In addition, the 0.6900 level was strengthened by the 50-hour simple moving average. A resumption of the decline of the Australian Dollar

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.