EUR/NZD 1H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The Euro has been climbing against the New Zealand Dollar since November 7 when the pair hit a five-month low and started to form a channel up pattern that took the currency couple to a one-month high on November 27. Now the pair fluctuates not far away from the pattern's resistance but it is not likely to re-approach this line in the nearest future as the recent jump enfeebled EUR/NZD. Technical indicators also point to a decline in the short terms but send bullish and neutral signals for medium and long terms.
© Dukascopy Bank SA
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Thu, 28 Nov 2013 06:58:38 GMT

GBP/AUD 1H Chart: Channel Up

The British Pound has been following a bullish trend versus the Aussie for more than a month. After the pair surpassed its 200-and 50-hour SMAs in mid-November, it expedited its rally and commenced a formation of the channel up pattern that was 149-bar long at the moment of writing. Several hours ago the pair touched a two-year high but retreated

Wed, 27 Nov 2013 14:58:50 GMT

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