Demo testen Konto eröffnen
Handel
CFD
Binäre Optionen
Krypto
Bankwesen
B2B
Marktinfo
Über uns
Demo testen Konto eröffnen

CHF/SGD 1H Chart: Rising wedge pattern in sight

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)SellBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)NeutralBuySell
SAR(0.02;0.2)BuyBuyBuy
Aggregate⇒⇗⇒

[ANNOUNCE] The Swiss Franc has been appreciating against the Singapore Dollar since the beginning of December. This movement has been bounded within the rising wedge pattern. [/ANNOUNCE]

From a theoretical point of view, it is likely that a breakout south could occur within the following trading sessions. In this case the currency pair could target the Fibonacci 23.60% retracement at 1.3583. 

However, note that the exchange rate is supported by the 55-, 100– and 200-hour moving averages. Thus, the rate could breach the given pattern north in the nearest future. However, note that the rate would have to surpass the Fibonacci 50.00% retracement at 1.3886.

Back to articles

Actual Topics

27 Dec 2019

AUD/CHF 1H Chart: Two scenarios likely

Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuySellBuy Aggregate⇗⇒⇒ [ANNOUNCE] The AUD/CHF exchange rate failed to surpass the resistance level formed by the Fibonacci 23.60% retracement at 0.6816. Currently, the rate is trading near the given resistance. [/ANNOUNCE] Note that the currency pair is supported by the 55– and 100-hour moving averages, currently located circa 0.6800. Thus, it is likely that some upside potential

23 Dec 2019

HKD/JPY 1H Chart: Rising wedge pattern in sight

Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇗ [ANNOUNCE] The HKD/JPY exchange rate continued to trade within the rising wedge pattern (4H time-frame chart). As apparent on the chart, the rate has already re-tested the upper pattern line. [/ANNOUNCE] From a theoretical perspective, it is likely that some downside potential could prevail in the market in the short run, as the currency pair

23 Dec 2019

USD/CNH 1H Chart: Bears could prevail

Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellNeutral SAR(0.02;0.2)BuySellSell Aggregate⇗⇘⇒ [ANNOUNCE] The US Dollar continued to depreciate against the Offshore Chinese Renminbi within the long-term descending channel. As apparent on the chart, the USD/CNH currency pair has been consolidating at the 7.000 mark since the middle of December. [/ANNOUNCE] Note that the exchange rate is pressured by the monthly PP located at 7.0137. Also, note