AUD/SGD 1H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
After opening with a 30 pips gap on Monday, October 13, AUD/SGD has formed a channel up. Since then the pair has been moving to the north and according to aggregate technical indicators, the trend will persist in the near– and medium– term outlook. Hence, bulls may face strong resistance around 1.1961– Fibonacci retracement and a weekly resistance, while next time bulls will experience difficulties is pattern's resistance at 1.1996. The outlook is bullish and the pair plenty of space for appreciation. In case the pair closes above 1.1961, it will have a room for a 40 pips long movement to the upside.
© Dukascopy Bank SA
Back to articles

Actual Topics

Fri, 18 Oct 2013 15:07:01 GMT

Dukascopy Aggregate Technical Indicator Afternoon

Dukascopy Aggregate Technical Indicator for 30 min and 1H time frame charts for major pairs for the last 144 periods till 15:00 GMT.

Fri, 18 Oct 2013 15:06:41 GMT

NZD/CHF 1H Chart: Channel Up

Kiwi– Swiss Franc cross has formed a channel up pattern on October 3 and it seems the pair will continue channelling in the foreseeable future. Last time bears made an attempt to penetrate the support line was on October 10, however, the price soared higher and since then the price was mostly traded in the upper part of channel. Furthermore,

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.