EUR/PLN 1H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Indicator 1H 4H 1D
MACD (12; 26; 9) Buy Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3) Sell Sell Sell
Alligator (13; 8; 5) Buy Neutral Sell
SAR (0.02; 0.2) Buy Buy Sell
Aggregate ⇗ ⇒ ⇓
As Mario Draghi talked and talked during the recent ECB press conference, the EUR/PLN currency exchange rate remained in the ascending channel pattern, which can be observed on the hourly chart. The main fundamental event of the month for the common European currency did not manage to break even the short term channels. Instead the event confirmed the lower trend line of the short term channel up pattern. Due to that reason it can be expected that in the upcoming trading sessions the currency exchange rate will surge up to the 4.23 mark, where it should meet with the medium term descending channel pattern, which would guide the rate lower in the upcoming weeks.
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Thu, 20 Jul 2017 14:11:47 GMT

EUR/USD 1H Chart: Channel Down

Recently the common European currency hit the upper trend line of a massive scale channel down against the US Dollar.

Thu, 20 Jul 2017 07:04:22 GMT

AUD/NZD 4H Chart: Channel Up

The Australian Dollar is appreciating against the New Zealand Dollar in a short-term, narrow, vertical ascending channel.

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