USD/CHF 4H Chart: Triangle

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
USD/CHF exited a 200-bar long triangle pattern in the first days of May. Although the breakout was bearish, we have not seen a massive sell-off up to now and considering the SWFX data, the pair is likely to lack direction in the foreseeable future. According to the SWFX numbers, about 54% of traders bet on appreciation of the pair, while circa 46% of them are bearish on the instrument. Meanwhile, technical data points to a weakness in the short and medium-terms, suggesting a sharp decline that usually follows a bearish exit may still lie ahead.
© Dukascopy Bank SA
Back to articles

Actual Topics

Tue, 06 May 2014 11:44:24 GMT

CAD/HKD 4H Chart: Channel Up

The overall trend in CAD/HKD is sideways, however, during the last several months the pair has been climbing higher. On April 23 the pattern was at risk of a breakout, as bears pushed the pair up to the lower trend line. The level of 7.0139 also supported by a 200-period SMA managed to limit pair's depreciation and until now bears

Tue, 06 May 2014 06:52:26 GMT

GBP/JPY 4H Chart: Triangle

The British Pound was on the rise against the Japanese Yen during dozens of months. The pair halted its advancement only early 2014 when it eventually approached more than a five-year high of 174.85. After that, the instrument has been trading flat and shaped a 177-bar long triangle pattern. GBP/JPY now is on the verge of a breakout as it has

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.