AUD/NZD 1H Chart: Descending Triangle

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
AUD/NZD sketched a few different variations of a descending triangle pattern amid its consolidation phase, but has now set a flattish upper trend-line and put it up for tests from below. The alternating nature of the pattern's top part might suggest that a range is being established, meaning that the upper boundary will be broken at 1.0414, and 1.0423 - the previous high could come into play instead. Movements below are supported by 1.0402/01 and 1.0399/98, the Ichimoku cloud and a cluster of resistances, but our outlook sees risks lying to the upside instead.
© Dukascopy Bank SA
Back to articles

Actual Topics

Mon, 30 Jan 2017 09:37:16 GMT

CAD/CHF 1M Chart: Falling Wedge

While the Canadian Dollar has undergone a lot of depreciation over the last ten years, CAD/CHF has managed to sketch a very solid falling wedge pattern that suggests a bullish breakout, which could happen immediately. The pair is now on a very critical move which will either confirm an additional down wave or let the pair soar outside of the

Mon, 30 Jan 2017 09:15:18 GMT

AUD/CHF 1H Chart: Descending Triangle

Following an attempt to attack the one and a half year high at 0.7645, AUD/CHF fell short and posted a January high at 0.7630 instead. The latest movement have sketched a descending triangle pattern as a correction phase for the newly established downtrend, suggesting that more bearish pressures are on the way. A falling scenario is also supported but 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.