USD/SEK 4H Chart: Triangle

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
On December 26, the U.S. Dollar plunge versus the Swedish Krone seemed to be cogent to make us believe that the bearish breakout has happened. However, after a dive to a two-week low, the pair surprised us by sharply changing direction to the north; the appreciation was fast enough to send the pair back to the pattern's support until the pair approached the apex. The jump above this support zone may be a confirmation that the previous assumption was wrong and the real breakout lies ahead.
© Dukascopy Bank SA
Back to articles

Actual Topics

Mon, 30 Dec 2013 09:16:26 GMT

USD/ZAR 1D Chart: Channel Up

Since June of 2012 USD/ZAR has been consistently trading within two rising trend-lines, thereby forming a 400-bar long channel up pattern. At the moment the currency pair is moving away from the lower boundary of the figure, which is currently reinforced by the 200-day SMA, towards the upper one at 11.0129. In order to reach this mark the price will

Mon, 30 Dec 2013 08:59:04 GMT

GBP/JPY 4H Chart: Rising Wedge

The British Pound has been rallying against the Japanese Yen since mid-October; the pair performed its advance within the corridor of two upward sloping and gradually converging lines. Recently the pair increased the pace of its appreciation thus breaking through the upper limit of the pattern to hit the highest level since at least 2009. Meanwhile, the climb that resulted

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.