USD/CAD 4H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
USD/CAD hinted a new trend-line from below – a parallel to the decent upside boundary, forming a channel with risk weighing heavily on the upside. The pair stuck to the trend-line since September, suggesting that a breakout might be near. Immediate supply lies at 1.3520/24 with potential hitches at 1.3543 and 1.3561 before the upper trend-line of the channel it ultimately reached. The channel line is strengthened by 1.3548/78, and a close above would likely be capped by 1.3646. In case the pair fails to reach its upper destination and turns to a wave north, 1.3408/3390 will be an area to watch as the rate heads down to the bottom trend-line around 1.3293.
© Dukascopy Bank SA
Back to articles

Actual Topics

Fri, 11 Nov 2016 14:12:56 GMT

GBP/AUD 4H Chart: Ascending Channel

The Pound has been surging against the Australian Dollar in an ascending channel, which formed in the aftermath of the pair's rebound from the larger scale pattern's lower trend line. On a larger scale, namely the weekly chart, a descending channel, which begins on April 2015 can be seen. Most recently the currency exchange rate reached the ascending channel's resistance

Fri, 11 Nov 2016 07:56:57 GMT

GBP/JPY 30M Chart: Rising Wedge

GBP/JPY is on the verge of breaking the two-day rising wedge to the downside, setting eyes on 133.44 or 133.16 to bounce off and move on to a correction of the broke trend-line. More risk lies at 132.94 and 132.82, clustering into a tough demand area which will battle the weak Pound. The area is strengthened by an Ichimoku cloud

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.