EUR/USD finds support in August low

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


The EUR/USD Thursday's drop found support in the August low level zone at 0.9900/0.9915. The support zone was enough to cause a recovery of the pair. During the early hours of Friday's trading, the pair had approached the 1.0000 mark.

A move above the 1.0000 mark and the 50 and 100-hour simple moving averages might encounter resistance in the 1.0040 level, prior to approaching the 1.0080/1.0090 zone. The 1.0080/1.0090 zone has been keeping the pair down since the start of last week.

On the other hand, a recovery of the Euro against the US Dollar is expected to look for support in the 0.9900/0.9915 zone. Further below, note the weekly S1 simple pivot point at 0.9878.
Back to articles

Actual Topics

Fri, 02 Sep 2022 09:26:33 GMT

GBP/USD reaches new low level

The Pound has continued to decline against the US Dollar. On Thursday, the pair hit the 1.1500 mark, which acted as support. Since mid-Thursday, the rate has retraced and been trading around the 1.1550 level. In the case of a decline, the pair would once again look for support in the 1.1500 mark. Further below, the weekly S3 simple pivot

Thu, 01 Sep 2022 12:38:09 GMT

USD/CAD recovery reaches above 1.3150

With the start of a new month, the USD/CAD broke the resistance of the 1.3150 mark. By the middle of Thursday's trading, the pair appeared to be finding support in the exchange rate level. An extension of the ongoing USD surge against the Canadian Dollar might encounter resistance in the 1.3200 mark, the July high level at 1.3222, the 1.3250

Thu, 01 Sep 2022 12:27:23 GMT

GBP/JPY trades at 161.00/161.70

Since the start of Wednesday's trading, the GBP/JPY currency pair has been trading between the support of the 161.00 level and resistance at 161.70. In the case of a Pound's decline compared to the Japanese Yen, the pair would have to pass the support of the 161.00 and 160.50 levels, and the weekly S1 simple pivot point at 160.73. Further

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.