US Small Caps 2000 respects retracement levels

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


Since the previous review of the USSC2000 index on February 7, the index has been respecting the Fibonacci retracement levels at 2,100.00 and 1,890.00. In addition, the index is being impacted by the 2021 low levels at 2,033.50 and 1,938.00. Moreover, the 50-day simple moving average has approached the stocks from above and is acting as resistance.

If the stocks resume their decline, they are expected to look for support in the 2021 absolute low level at 1,938.80 and the 38.20% Fibonacci retracement level at 1,890.00, before aiming at the 1,800.00 mark and the 50.00% Fibonacci retracement level near 1,715.00

On the other hand, a surge of the stock index is set to face the resistance of the 2021 late January low level and the 50-day simple moving average near 2,033.50. Higher above, the pair might be stopped by the November and January high level trend line. In addition, note the resistance zone, which surrounds the 2,100.00 mark.
Back to articles

Actual Topics

Mon, 14 Mar 2022 11:24:59 GMT

BTC/USD trades in a 10,000.00 range.

In mid-February the BTC/USD rate found resistance in the 45,000.00 mark and started a decline. By the end of February, the price found support in the 35,000.00 level and a zone below it. Afterwards, another test of the 45,000.00 level occurred and failed. Namely, the price is fluctuating sideways in a ten thousand US Dollar range between the two

Thu, 10 Mar 2022 12:09:12 GMT

GBP/AUD finds support in 2021 April low

The GBP/AUD currency exchange rate has been plummeting since the start of February. Namely, the pair tested the 2021 high level at the end of January and end of February. After a failure to book a new high level, the pair began to decline. On March 6, the pair had already reached the low level of April 2021. During

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.