EUR/CAD 4H Chart: Triangle

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
Euro-aussie has been narrowing its trading range since the middle of May by 300 pips in 100 bar period. At the moment it is trading 9 bars  from the pattern's apex which is located at 1.3660. in addition, we can observe an increase in the trading volume in the length of the pattern. It is slightly lower in the recent trading sessions which increases the probability of a significant breakout rather than development around the 200-bar SMA. In the first half of the pattern we notice that Fibonacci retracements (mid May till end of June move) had significant impact on the pair. At the moment their role seems much less important, but might have some minor impact. 

© Dukascopy Bank SA
Back to articles

Actual Topics

Wed, 31 Jul 2013 14:31:54 GMT

EUR/PLN 1H Chart: Double Bottom

Euro-zloti is signalling recovery of the pair. This is main underlying assumption of Double Bottom pattern (pair fails to reach new low and gradually returns to the previous levels). At the moment it is trading at the pattern's resistance, therefore we could expect some bearishness, most likely in the form of price correction. However, as short and medium term technicals

Wed, 31 Jul 2013 07:15:06 GMT

EUR/NZD 1H Chart: Channel Up

Even though there are merely 30 bars now composing the bullish channel on an hourly chart of EUR/NZD, it may still prove to be topical in the near term, considering that the market has been respecting the trend-lines forming it.The support is thus likely to be found at 1.6586, there the pair will also find the daily pivot point and

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.