CHF/JPY declines from new high

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


The surge of the Swiss Franc against the Japanese Yen eventually ended at the 136.00 mark on April 19. By May 11, the rate had retreated to the support zone at 130.80/130.90 and shortly reached below it.

In the case of a recovery of the Franc against the Yen, the rate could encounter resistance in the 132.00 mark, which acted as support during late April and early May. Higher above, note that the 133.35/133.60 zone acted as resistance in late March and the first half of April.

Meanwhile, a decline below the 131.00 level might find support in round exchange rate levels, before reaching the support zone at 127.53/128.20. In addition, take into account that the zone is being crossed by the trend line, which connects the pair's 2021 September and 2022 March low levels.
Back to articles

Actual Topics

Wed, 11 May 2022 09:46:17 GMT

NZD/USD sharply declines below historical levels

On April 4, the NZD/USD currency rate shortly reached above the 0.7000 mark. However, the buying pressure was not enough to cause a follow up surge. Instead, the rate eventually passed below the support of the 200-day simple moving average, then broke the channel up pattern, confirmed the 200-day SMA as resistance. Afterwards, the 50-day simple moving average near

Tue, 10 May 2022 13:09:02 GMT

USA30 index reaches new 2022 low level

The August and September high level at 35,500.00 provided enough resistance for a decline to start on April 20. Two days later, the index broke down and passed three previous support and resistance levels, before eventually reaching the June 2021 low level at 33,065.00. By May 10, the index had revealed a narrow channel down pattern and reached the

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.