USD/CHF 4H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
Though there are some concerns regarding the strength of the bullish momentum, as previously the trends did not last for too long, the bias towards USD/CHF is nevertheless positive. The outlook is also reinforced by the technical studies. The exchange rate is expected to rebound from the support trend-line at 0.9415, break through the monthly R1 and May high and subsequently commence a correction in the vicinity of the upper boundary of the channel at 0.96. As for the longer-term prospects, the US Dollar could target 98.65 cents. As for the distribution between the bulls and bears, the former take up 70% of the SWFX market.
© Dukascopy Bank SA
Back to articles

Actual Topics

Wed, 15 Jul 2015 13:27:05 GMT

XAU/USD 1H Chart: Triangle

Gold is still trading inside the boundaries of the triangle pattern, even though it is nearing the apex of the pattern. The break-out will eventually happen in the next 24 hours, while technical indicators suggest the downward tendency will be in place in the near and medium-term. Therefore, risks of a bearish confirmation are increasing at the moment. XAU/USD is

Wed, 15 Jul 2015 06:15:55 GMT

AUD/USD 1H Chart: Double Bottom

AUD/USD has just gained a foothold above the 200-hour SMA; therefore the currency pair is likely to keep moving towards the key resistance level at 0.75. There the Aussie will meet the neck-line of the double bottom pattern, and if the price closes higher, this will pave a way for a 120-pip rally (to the monthly R2). However, the daily

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.