EUR/NZD 1H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The common European currency recently surged against the rest of the market, as during comments made my FOMC members in the US, the Buck lost value. The surge of the Euro has spilled over into the rest of the currency pairs, against which the European currency trades against. However, against the New Zealand Dollar it seems that the move was expected, as the fundamental move represented an expected break of a large scale triangle pattern. The jump of the Euro against the Kiwi formed an ascending channel pattern, which can be used by traders for short term guidance, as the currency pair establishes new medium and long term patterns.
© Dukascopy Bank SA
Back to articles

Actual Topics

Mon, 06 Mar 2017 13:16:38 GMT

CAD/CHF 4H Chart: Channel Down

The Canadian Dollar is declining against the Swiss Franc simultaneously in three various scale descending channels. Although that fact indicates that one should short the rate, this is not the case. Most recently the currency exchange rate reached the 23.60% Fibonacci retracement level, which is located at 0.7539. The Fibonacci retracement levels on this pair have proven themselves to hinder

Mon, 06 Mar 2017 08:41:18 GMT

NZD/CHF 1D Chart: Rising Wedge

NZD/CHF confirmed built up bearish potential in a rising wedge formation with a break below the bottom boundary at 0.7149 to slip to 0.7081, the bottom Bollinger Band for tests of the area. The motion could be cut soon to take up a corrective motion for the sake of the broken trend-line, however, we will look for a slide in

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.