EUR/USD 4H Chart: Channel Down

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The EUR/USD currency cross was highly volatile over the last week, with its volatility index entering the turbulence zone for 35% of time. This week, the pair stabilized slightly above 1.34-mark. Following impressive moves the pair can fluctuate around the current price for some time, as technicals on a 4H and daily chart are neutral, while market sentiment is not clearly marked as well. The short– and medium-term outlook is neutral, while in a longer term the outlook still remains bearish. Technicals on a weekly chart are sending ‘sell' signal, while 61% of pending orders in a 100-pip range are placed to sell the pair. A move below 1.34-mark will put weekly S1 at 1.3383 on the map.
© Dukascopy Bank SA
Back to articles

Actual Topics

Tue, 29 Jul 2014 13:08:09 GMT

EUR/GBP 4H Chart: Channel Down

The single currency is losing its position against major currencies including the cable, even despite disappointing news from the U.K. over the last week. Despite the fact the pair is approaching the recent high and daily R3 around 0.7932, the outlook still remains bearish. Aggregate technical indicators on a 4H and daily chart are suggesting a movement to the south,

Tue, 29 Jul 2014 06:06:02 GMT

EUR/TRY 1H Chart: Double Bottom

A day earlier we examined a descending triangle pattern shaped by EUR/TRY; this time we are going to look at another formation – double bottom pattern shaped by the same instrument. Despite having bottomed out twice, the pair failed to reach the neck-line at 2.8286 during its rebound after the second drop. At the moment, the pair is located above

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.