EUR/CHF 4H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The single currency has a good opportunity to outperform the Swiss Franc. From below EUR/CHF is underpinned by the rising trend-line and the long-term moving average. And while the near-term technicals are mixed, the weekly studies are confidently pointing north. If the rally is the case, the first major challenge will be expected only at 1.1050, represented by the September high. If breached, this will pave the way towards the upper edge of the forming channel at 1.1130. Meanwhile, violation of 1.0880 will invalidate the bullish outlook. In this scenario the September low at 1.08 will be the first one to greet the exchange rate before the August 19 low (1.0714).
© Dukascopy Bank SA
Back to articles

Actual Topics

Fri, 02 Oct 2015 13:38:12 GMT

GBP/USD 4H Chart: Channel Down

While last week it was clear that the Sterling is losing value against the US currency, this week is marked by a much softer pace of the decline. Support is being created by the major level of 1.51, which is only going to be strengthened by the monthly S1 at 1.4939, followed by the pattern's lower edge some 30 pips

Fri, 02 Oct 2015 05:47:17 GMT

GBP/CAD 1H Chart: Channel Down

While in the short run the Sterling is likely to be bullish, in the longer-term perspectives are considered to be bearish. GBP/CAD is currently trading at the lower boundary of the emerging channel, which implies a high chance of an upward correction. The immediate resistance is at 2.01 (weekly S1 and daily PP), but the price is expected to recover

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.