USD/PLN 4H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The US Dollar is in a channel up pattern against the Zloty. At the moment, the currency exchange rate is at the lower pattern's trend line, which is also supported by the May high level of 3.9822. In addition, very close by are located various supports, which are located close by to each other in distances varying from ten to two hundred pips. Below the pair are located the 55, 100 and 200-period SMAs at respectively 3.9704, 3.9470 and 3.9286. In addition, close are located the monthly PP at 3.9575 and weekly S1 at 3.9177.  In addition, daily aggregate technical indicators support a surge for the pair today. However, the USD/PLN pair has already surged for the past few days, and it has bounced off the weekly PP at 3.9951.

 

© Dukascopy Bank SA
Back to articles

Actual Topics

Tue, 05 Jul 2016 11:33:00 GMT

CAD/CHF 4H Chart: Channel Up

The Canadian Dollar is in the middle of a channel up pattern against the Swiss Franc. At the moment, the currency exchange rate is at 0.7535, and it is in an upwards movement for the past four hours. However, it faces a resistance put up by the 200-period SMA at 0.7542, which is likely to press the exchange rate lower and lower until the rate

Tue, 05 Jul 2016 07:29:13 GMT

EUR/TRY 4H Chart: Channel Down

Our overall outlook on EUR/TRY is strongly bearish, as during the formation of the channel the currency pair managed to break an 18-month support trend-line. Now, after the price confirms a new resistance level at 3.27, selling should resume. In this case the initial target will be a combination of June and April lows, and the next one will be

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.