Wypróbuj demo Otwórz konto
Handel
CFD
Binarne
Krypto
Bankowość
B2B
Rynki
O nas
Wypróbuj demo Otwórz konto

NZD/CHF 1H Chart: Falling Wedge

Note: This section contains information in English only.
Source: Dukascopy Bank SA
NZD/CHF had set a trading range with two test of the upper bound at 0.7051 and one at the bottom of 0.6948. The next attempt to test the area led to a break below, but might not be conclusive due to a falling wedge that could send the pair skyrocketing again. The strong area has been broken in the last two hours and we would look for the pair to ultimately target the upper trend-line of the falling wedge at 0.6965 and then break above the area. We might see some flatness in the motion, because of the multiple levels on the way.
Back to articles

Actual Topics

27 Mar 2017

HKD/JPY 4H Chart: Channel Down

The Hong Kong Dollar is trading against the Japanese Yen simultaneously in two descending channel patterns. As it is often in the financial markets, there is a minor and a dominant pattern, as the minor channel represents the rates bounce off from the resistance of the dominant pattern's upper trend line. The rate is heading for the support level of

27 Mar 2017

ZAR/JPY 4H Chart: Rising Wedge

ZAR/JPY managed to break the bearish trend in 2016 and establish an upward-sloping trend-line on the daily chart, but has now lost amplitude for highs, suggesting that bears might once again take over the trend. The rate is currently making its way up towards the top bound of the wedge around 9.03, but will experience some hitches at 8.99 and

27 Mar 2017

USD/MXN 1H Chart: Falling Wedge

USD/MXN set an all-time high of 21.97 in January 2016, but then the Mexican Peso managed to depreciate and the pair extended a steep downfall which has lasted for three months already. The rate has, however, now sketched a falling wedge on the daily chart and recovered some of the previous bullish potential. The wedge is expected to break around