GBP/JPY 4H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
Guided by an ascending channel pattern, GBP/JPY climbed above July highs and is currently trying to distance itself from the bottom boundary and soar above the weekly R1 at 146.56. We expect the pair to continue its way inside of the pattern and attempt the upper trend-line around 150.34. A dive, however, would require some more stickiness of the bottom trend-line at first, before levels underneath come into play. The first level below would come at 144.58/51 and would leave little to an entry inside of the cloud support area. We do, however, still believe that 147.39 will be the next level to watch.
© Dukascopy Bank SA
Back to articles

Actual Topics

Tue, 13 Dec 2016 15:14:31 GMT

NZD/CAD 4H Chart: Falling Wedge

NZD/CAD took on a slightly downward sloped motion which came to sketch a falling wedge, building up some bullish potential. The pair is now testing the cloud resistance – 100-period SMA cluster and could go through another wave south before a break out of the pattern. In this case 0.9447 will become the nearest target with just some risk left

Tue, 13 Dec 2016 08:59:22 GMT

AUD/JPY 30M Chart: Channel Up

AUD/JPY traded inside the bounds of an ascending channel for the lasts six days, and appears to have now found some stickiness along the bottom trend-line of the pattern. The pair could now either continue its way inside of the pattern and target the upper boundary at 87.08 next, or put up another attack at the bottom boundary and

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.