CHF/JPY 4H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
After it appeared that CHF/JPY has been forming a rising wedge on the four-hour chart, it managed to take the form of a channel and cast some optimism in the technical outlook. The pair has just completed its retracement of the channel bottom boundary and is now likely to extend the downtrend into areas below. The first such area that could put up a battle would be the 111.95, the Weekly Pivot Point and cloud resistance cluster, and after a slide through the cloud support 111.40 is likely to be tackled.
© Dukascopy Bank SA
Back to articles

Actual Topics

Fri, 09 Dec 2016 15:03:05 GMT

GBP/NZD 30M Chart: Descending Triangle

Following a 2.8% dive over the last couple of days, GBP/NZD entered a descending triangle to continue the bearish themes after a consolidation. The pair is now making its way through the pattern towards the southern border and is likely to break below the support line of 1.7509 eventually. After exiting the red cloud resistance the pair will face just

Fri, 09 Dec 2016 07:56:03 GMT

CAD/HKD 1H Chart: Rising Wedge

A rising wedge led CAD/HKD out of the four-month descending channel, which has now built up some bearish potential for a correction of the broken senior channel trend-line. The pair is now repeatedly approaching the upper trend-line of the wedge at 5.8839 which brings some more upside risks into the picture. While we still believe the pair will exit the

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.