Prova la demo Apri un conto
Trading
CFD
Binarie
Cripto
Conto Corrente
B2B
Mercati
Chi siamo
Prova la demo Apri un conto

EUR/CAD 4H Chart: Two scenarios likely

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

[ANNOUNCE]Upside risks have dominated the single European currency against the Canadian Dollar. The currency pair has edged higher by 595 pips or 4.17% in value during the past two weeks trading sessions. [/ANNOUNCE]

The exchange rate is currently trading near the upper boundary of a descending channel pattern at 1.4742. A breakout could occur within this week's trading sessions.

However, if the descending channel holds, a decline towards the weekly S1 and the monthly S1 at 1.4452 could be expected during the following trading sessions.

Back to articles

Actual Topics

02 Mar 2020

AUD/CAD 1H Chart: Falling wedge pattern in sight

Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralBuyNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellBuySell Aggregate⇘⇒⇘ [ANNOUNCE] The Australian Dollar has been depreciating against the Canadian Dollar within the falling wedge pattern since the beginning of February. [/ANNOUNCE] From a theoretical perspective, it is likely that the AUD/CAD exchange rate could continue to trade downwards within the given pattern until the second half of March. Then a breakout north could

02 Mar 2020

EUR/AUD 4H Chart: Bullish signals

Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellSellNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇒⇗ [ANNOUNCE]During the past two weeks sessions, the common European currency has surged by 983 pips or 6.11% in value against the Australian Dollar. The currency pair hit a new high at 1.7087 on March 2. [/ANNOUNCE]As for the near future, the EUR/AUD exchange rate will most likely continue to trade bullish. The potential target

28 Feb 2020

CHF/JPY 4H Chart: Decline likely to continue

Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)SellBuySell Aggregate⇘⇗⇒ [ANNOUNCE]The Swiss Franc appreciated by 2.31% in value against the Japanese Yen during last week's trading sessions. The currency pair tested the monthly resistance level at 114.23 on February 20. [/ANNOUNCE]After the exchange rate tested the weekly R1 at 114.23, the pair made a downside reversal. Most likely, the CHF/JPY pair will