CHF/JPY 1H Chart: Rising Wedge

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
During more than a year the Swiss Franc was appreciating against its Japanese peer to climb to more than a one-year high of 107.26. After hitting this high for the second time on July 24, the pair slightly retreated and commenced to form a rising wedge pattern that pushed a one-year high back to the fore.
The currency couple surpassed its one-year high one bar ago and is currently trading above the upper-boundary of the pattern, implying that a sharp advance is highly possible. Technical indicators also back up the bullish outlook, predicting an advance in short– and medium-term.
© Dukascopy Bank SA
Back to articles

Actual Topics

Thu, 19 Sep 2013 07:19:03 GMT

EUR/GBP 1H Chart: Channel Down

A decline has been observable since August 23 when it reached a two-week high of 0.8653; however, a formation of the channel down pattern started only on September 6 when the pair hit its seven-month low of 0.8393, the level close to which the pair is trading now. The overall outlook remains gloomy, with 63.24% of traders betting on further

Thu, 19 Sep 2013 06:57:23 GMT

AUD/CHF 4H Chart: Ascending Triangle

The pair experienced a depreciation after touching a six-month high of 0.9979 on March 28. The downward trend lasted until the currency couple plunged to a one-year low of 0.8179 on August 28, the move which was within the ascending triangle pattern started on August 15. AUD/CHF has recently broken through the lower-boundary of the pattern and is trading slightly

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
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.