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

CHF/SGD 4H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
While CHF/SGD broke the channel up it had been following for around a month to the upside, the pair has returned inside the bounds of the pattern and is now making its way towards the bottom trend-line at 1.4111, where we will look for a reversal into the next bullish wave. The pair will then target the upper boundary of the pattern at 1.4253, and any stickiness of the area will mean that more bullish potential is building up and the pattern could break to the upside soon. With SMAs facilitating the upward movement from below, a build-up of bullish potential could indeed lead to a steeper general motion.
Back to articles

Actual Topics

03 Jan 2017

AUD/SGD 30M Chart: Channel Up

AUD/SGD showed a rather ranging market on the 30 minute chart, but managed to show signs of an emerging uptrend bound by an ascending channel which is yet to show weakness. January 2 showed a lot of volatility on the upside, but the market has now re-entered regular fluctuations, and appears to now be targeting the upper boundary of the

03 Jan 2017

EUR/JPY 30M Chart: Falling Wedge

EUR/JPY stuck closely to May highs and confirmed it will not be addressing levels below in a falling wedge pattern. The rate has just broken the formation to the upside, which is consistent with the signal of the wedge, causing the rate to tackle the aforementioned high (based on daily chart) at 123.39 once again. In case the tests are

02 Jan 2017

USD/HKD 4H Chart: Channel Down

The Hong Kong Dollar moved the USD/HKD market on its own amid a Bank Holiday in the United States. A distinct downtrend was bound by the trend-lines of a descending channel, which led the pair away from half-year highs and appears to be sketching a shady head and shoulders formation. The pair is now making its way towards the bottom