EUR/USD H1 Chart: Channel Up

Source: Dukascopy Bank
EURUSD continues fluctuating in the upside channel on H1 chart. The pattern has 63% quality and 100% magnitude within 188 bars.

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Wed, 07 Mar 2012 08:51:54 GMT

NZD/USD M30 Chart: Downside channel

The pair has formed a downside channel on M30 chart. The pattern has 53% quality and 100% magnitude within 198 bars. Currently the price is fluctuating around the resistance level at 0.8182. According to RSI indicator the pair is overbought and rebound is possible. The first target for short traders is near 0.8088. In case of a breakout above a

Mon, 13 Feb 2012 18:30:37 GMT

EUR/JPY Daily Chart: Channel Down

EUR/JPY has formed a downside channel pattern on a daily chart. The pattern has 55% quality and has high magnitude of 79% within 192 bars.

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