Essayer la démo Ouvrir un compte
Trading
CFD
Binaires
Crypto
Banque
B2B
Marchés
À propos
Essayer la démo Ouvrir un compte

AUD/NZD 30M Chart: Channel Down

Note: This section contains information in English only.
Source: Dukascopy Bank SA
After giving in to the 1.0758 resistance for the third consecutive time, AUD/NZD opened up a downtrend in October 13, and has just put more significance on it by adding the boundaries of a channel down pattern. Even though the latest movements sketch a ranging market, the pair is on its way to test the upper boundary of the newly-formed pattern at 1.0475, which is toughened by the 55-period SMA and cloud resistance, meaning that there is very little chance that the area will be violated. When the up-wave is completed, 1.0442 and 1.0428 will come into play, causing the rate to hitch and then continue smoothly.
Back to articles

Actual Topics

21 Nov 2016

USD/CHF 1D Chart: Channel Up

After exiting the symmetrical triangle in September, USD/CHF kept the uptrend intact, adding an upper boundary to create a channel up pattern. The pair is currently testing the upper boundary at 1.0104, and we will look for a close of the day in the red zone. The pair will test 1.0026 and then 0.9932 on the wave down, with loads

21 Nov 2016

EUR/CHF 30M Chart: Double Bottom

EUR/CHF put an end to the downtrend with a double bottom formation at 1.0687. The pair had not attacked levels as low since the Brexit dip and August 2015 before that, meaning that it is highly likely that the neckline at 1.0753 will break. The rate will face the 1.0717/22 cluster of resistances, 1.0738 and then 1.0748 before the neckline

18 Nov 2016

NZD/JPY 30M Chart: Ascending Channel

An ascending channel led NZD/JPY after the Election plunge and is now on the verge of breaking in favour of an extensinve surge. The pair has not conquered levels above 77.81, which it addressed before the Election, but has built up enough bullish potential for an outburst in the next wave north. A break above the resistance will likely call