AUD/CHF 1H Chart: Falling Wedge

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
After the AUD/CHF currency pair touched the upper boundary of the present, rather narrow falling wedge pattern, it is gradually losing value, hovering in the direction of the lower trend-line, which it is expected to be reached  soon. Even though one-hour technical indicators are giving mixed signals at the moment, four-hour and daily ones are suggesting the pair will lose value in the long-term. On the other hand, the pattern's support is strengthened both by weekly S1 and daily S2 from above, making the case of a bearish break-out less realistic. Moreover, as many as 72% of all market participants are now holding long positions of the Aussie, waiting for it to gain value.
© Dukascopy Bank SA
Back to articles

Actual Topics

Tue, 16 Dec 2014 14:37:04 GMT

GBP/USD 4H Chart: Falling Wedge

Despite the fact the Cable is currently testing strength of the upper boundary of the bearish channel, we do not expect it to succeed in the long-term to  consolidate above this level. The pattern's resistance is reinforced by two major obstacles, represented by the monthly pivot point at 1.5755 and 200-period SMA just below it. They are strong enough to

Tue, 16 Dec 2014 09:12:37 GMT

EUR/USD 4H Chart: Triangle

The pair is consolidating around the 1.23/1.24 levels and that has pushed the pair into a triangle pattern. Currently, the apex of the triangle pattern has been reached and that could mean the end to the period of consolidation. To our mind the next move is to the downside, despite the fact that the short-term (4H) technical studies are pointing to

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.