AUD/CAD 1H Chart: Rising Wedge

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The pair got impetus after it broke through its 200-hour SMA on September 13 and started to form the channel up pattern. Since then, the pair managed to attain a three-month high of 0.9741; however, a rally to this level exhausted AUD/CAD that failed to get a foothold at this level and declined to 0.9712 (four-hour PP). The overall outlook on the pair seems gloomy as 60% of the market players bet on the depreciation of AUD/CAD. If these expectations materialized, the pair would cross its daily pivot point at 0.9695 and would continue moving to the south until reaching a formidable support zone at 0.9674 (pattern's support) that may block a further decline.
© Dukascopy Bank SA
Back to articles

Actual Topics

Fri, 20 Sep 2013 13:17:38 GMT

GBP/JPY 4H Chart: Channel Up

Pair trading in the highest levels since the august of 2009. Despite this giving significant psychological pressure on the pair it is maintaining bullishness for the time being.  Short term technicals on aggregate  point at further appreciation of the pair suggesting that the pair still has the propensity to reach new high. Medium and long term technicals, mostly due to

Fri, 20 Sep 2013 06:37:45 GMT

USD/CHF 1H Chart: Channel Down

The short-term SMA dived under the 200-hour SMA on September 10, inciting a sharp depreciation of the pair that started to shape a channel down pattern on September 13. The currency couple attempted to broke the upper boundary of the pattern on September 17 but it did not manage to overcome heavy selling pressure and was forced to drop to

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.