EUR/NZD 4H Chart: Triangle

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
Pair seems to have stabilized after a 1200 pip sell off in the end of August-beginning of September. As it is a major, one direction move, we could not utilize Fibonacci retracements in to our analysis. At the moment is being supported by the weekly PP and trading at the cluster of technical levels (20-bar and 20-day SMAs and daily PP). Technical indicators do not give clear directional indications. We could expect for the pair to stay in the pattern's boundaries (due to the neutrality of technical indicators) and bounce from the pattern's support. In such case we could expect that the pair will peak outside the pattern (since it is trading in the last decimal of the pattern's length).

© Dukascopy Bank SA
Back to articles

Actual Topics

Tue, 01 Oct 2013 08:10:55 GMT

CHF/SGD 1H Chart: Channel Up

For the past 3 weeks pair has been recovering after a 500 pip sell off in the end of August-beginning of September. It might be that Fibonacci retracements of this move had effects on the pair prior to the formation of the pattern, but seems to have none in the length of the pattern. Pair has already reached the highest

Tue, 01 Oct 2013 07:18:45 GMT

USD/PLN 4H Chart: Channel Down

After hitting more than a one-year high of 3.3933 on July 10, USD/PLN reversed its trend and was gradually falling until it approached a seven-month low of 3.0630 on Sep 18. The pair bounced off this low to trade near 3.1207 (50-hour SMA, daily PP). The jump seems to have enfeebled the currency pair that is likely to retreated

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.