AUD/JPY 4H Chart: Rectangle

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
After crossing 92.923 on December 23, AUD/JPY entered a period of consolidation and since than has been moving sideways. There have been four touching points, however, neither of sides was able to push the pair above or below the trend line. As soon as the breakout occurs the pair can be highly profitable for traders, as both quality and magnitude are above the average values. While short-term technical indicators are suggesting a dip towards 200-period SMA, market sentiment (57% bullish), pending orders (58% to buy in a 100-pip range) as well as technical indicators on a daily and weekly charts are pointing at a move to the north, putting pattern's upper boundary on the map.
© Dukascopy Bank SA
Back to articles

Actual Topics

Tue, 14 Jan 2014 11:51:40 GMT

USD/PLN 4H Chart: Channel Up

USD/PLN has formed a channel up pattern on a hourly and 4H charts. At the moment of writing the pair was testing a strong support at 3.0382 and in case bears will be able to push the price lower, it will be a beginning of a strong downward movement. Traders, however, expected the pair to bounce back, as almost 74%

Tue, 14 Jan 2014 08:22:18 GMT

XAU/USD 1H Chart: Channel Up

The most popular precious metal is attempting to rebound after severe losses in the last trading sessions of 2013. After a dive below the psychologically important level of $1,200 per ounce in the New Year's Eve the yellow metal changed direction and on January 8 XAU/USD embarked on formation of the channel up pattern. The corridor now is still

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.