GBP/JPY 4H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
GBP/JPY has not been willing neither to jump above nor decline below the two formidable lines that form a channel up pattern. The pair has recently peaked at more than a four-year high of 159.98 but did not manage to consolidate at this level; firstly it came off to the pattern's support zone and then appreciated slightly to trade at 158.61. The sentiment on the pair is bullish as 56.52% of the traders are expecting the British Pound to climb against its Asian counterpart. The traders' expectations may materialize given the overall bullishness of the pattern as well as technical indicators suggesting an advance in short and long runs.
© Dukascopy Bank SA
Back to articles

Actual Topics

Mon, 21 Oct 2013 07:15:20 GMT

USD/ZAR 1H Chart: Channel Down

After successfully venturing to rally to almost a one-month high reached on the last day of September, the U.S. Dollar started to depreciate against the Turkish Lira, entering a channel down pattern on October 2. Since then, the pair was faltering between two downward sloping lines and now is trading somewhere in the middle between the pattern's boundaries. Market participants

Mon, 21 Oct 2013 07:15:03 GMT

AUD/CHF 1H Chart: Triple Top

Triple top pattern formed by AUD/CHF has been lasting for 113 hours and is likely to enter it's the bearish part in the hours to come as the pair has already started to retreat after it reached the level close to its three-month high for the third time. However, the SWFX data belies the bearish outlook, indicating that 80% 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.