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Turks in Europe vote on Erdogan power

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Turkish voters living in Europe are heading to polling stations to cast their ballots in a referendum calling for expanded powers for Turkish President Recep Tayyip Erdogan.
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28 Mar 2017

USD/CHF 1H Chart: Channel Down

USD/CHF remains inside the bounds of the channel down pattern it has been following for three weeks already, giving little reason to doubt the trend. However, it is reasonable to doubt how long the pattern could hold and keep in the back of your head that it might have matured enough to show some inconsistencies soon. Immediate resistance lies at

27 Mar 2017

EUR/HKD 4H Chart: Channel Up

The common European currency is surging against the Hong Kong Dollar simultaneously in two ascending channels. Most recently the currency exchange rate began the Monday's trading session above the resistance put up by the 38.20% Fibonacci retracement level at the 8.4111 mark. Due to this factor the currency pair is set to surge to the upper trend line of the

27 Mar 2017

HKD/JPY 4H Chart: Channel Down

The Hong Kong Dollar is trading against the Japanese Yen simultaneously in two descending channel patterns. As it is often in the financial markets, there is a minor and a dominant pattern, as the minor channel represents the rates bounce off from the resistance of the dominant pattern's upper trend line. The rate is heading for the support level of