EUR/CAD 4H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
A sharp rally performed by EUR/CAD is likely to remain restricted by the limits of the tunnel within which the pair has been vacillating since January 6. At the moment of writing, the currency couple was retreating from a four-year high of 1.5270; however, a slump may be halted in the foreseeable future given that 71.43% of traders are bullish on the pair. To confirm the traders' expectations, EUR/CAD will have to break through the bunch of four-hour resistances at 1.5183/2245 that if overcome will open the way for more formidable resistance at 1.5250 (daily R1).
© Dukascopy Bank SA
Back to articles

Actual Topics

Tue, 28 Jan 2014 07:02:21 GMT

AUD/CHF 4H Chart: Channel Down

A 336-bar long channel down pattern formed by AUD/CHF was started in the second part of October. The pair once attempted to breach the lower limit of the pattern but bearish pressure appeared to be not strong enough to allow the breakout to happen. Now the currency pair is trading near the resistance at 0.7875 (daily R1) that is not

Tue, 28 Jan 2014 07:02:02 GMT

GBP/USD 4H Chart: Channel Up

Since early July the British Pound has been trading mostly higher against the U.S. Dollar; however, the distinct upside trend appeared only in early January when the currency pair expedited its advance. The upswing has been developing within the 53-bar long channel up pattern that took the pair to more than a three-year high of 1.6659 on January 24. Despite

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.