USD/ZAR 1H Chart: Channel Down

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The pair has been depreciating since the start of the month (since the peak at the pattern's start). Dues to the pair's rather volatile nature the pattern has just slightly above the average quality rating, but high magnitude (of moves) rating. It is worth pointing out that Fibonacci retracements of the move prior to the pattern's start (the 26th of July till the 2nd of August) could be incorporated in to the analysis, but in our opinion this effect has already warn off. Short term technicals point at further appreciation of the pair in the short term, but indicate that the pair will rebound from the pattern's resistance.

© Dukascopy Bank SA
Back to articles

Actual Topics

Mon, 12 Aug 2013 13:49:40 GMT

EUR/DKK 4H Chart: Channel Up

We have a massive, almost 4 month long pattern which emerged in the 4H chart. To be honest, we could observe the manifestation of this pattern on the 1D chart as well, however, this pattern can be analysed in more detail. Pattern has the maximum magnitude rating, which looking in to the chart is well established and definitely promises good

Mon, 12 Aug 2013 10:38:05 GMT

USD/CAD 1D Chart: Channel Up

Greenback-loonie cross has been in an uptrend since the September, 2012. The pattern at hand started on the January, 2013 and at the moment the pair is on its way towards the pattern's support and trading almost exactly on  the 100-day SMA. Pattern's quality is just slightly below the average  due to the few volatile periods in the middle of

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.