EUR/CHF 1H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
EUR/CHF is poised for more strength in the foreseeable future, as the pair is bounding off the lower boundary of the channel up pattern. Additionally supported by the daily pivot point, the Euro is expected to breach the first daily resistance at 1.1120 later today, thereby paving the way for a growth of more 20 pips. There, at 1.1140, EUR/CHF is going to encounter the daily R2 together with the weekly R1. Technical indicators, by being bullish on all time frames, are suggesting the cross will be able to reach the pattern's upper edge at 1.1156. From there EUR/CHF is estimated to make another leg to the downside. Meanwhile, SWFX traders are 65% bearish for the moment.
© Dukascopy Bank SA
Back to articles

Actual Topics

Wed, 11 May 2016 15:11:06 GMT

NZD/CAD 4H Chart: Channel Down

Last time the NZD/CAD currency pair was analysed five days ago, and then the pair was in a good position to restart declining in value. It seems that the bears have quite successfully accomplished this goal and commenced a leg down. Provided with a heavy downside impetus from the 200-period SMA at 0.8845 and the monthly pivot point at 0.8793,

Wed, 11 May 2016 07:31:38 GMT

EUR/SGD 4H Chart: Double Top

EUR/SGD appears to be forming a double top, as the currency pair failed to break resistance at 1.5640 on two recent occasions. However, there are plenty of arguments against a decline, the main being the fact that the price has just broken out of the triangle it had formed in the daily chart to the upside. This implies a yet

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.