CHF/SGD 1H Chart: Falling Wedge

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
Following a break above the yearly high of 1.4314, CHF/SGD proved that is not ready for the area yet with a slip in January. Currently, however, it appears that the pair will be attacking the area once again as a falling wedge was sketched during the downfall. The pair might, however, also turn the wedge into a channel down pattern which would then give out completely different signals as set a target below at 1.4189 and ultimately at 1.4143 – the January 26 low. While making its way towards the upper boundary of the wedge at 1.4256, the pair will encounter 1.4245 on its way.
© Dukascopy Bank SA

Actual Topics

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.