AUD/JPY 1H Chart: Channel Down

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Having reached a pattern's upper trend-line, the pair changed its direction to the north. A stab to the lower boundary of the channel down pattern prevented the pair from a further decline that may have taken the pair well below the current level.
Now AUD/JPY is moving towards its daily R1 at 87.82 that, if overcome, may trigger tests of daily R2 and 200-hour SMA at 88.20 and 88.39, respectively. A rise above the 200-hour SMA would suggest on-going rally of the pair. Market players also are optimistic about the currency couple as the proportion of long positions is 55.88%.
© Dukascopy Bank SA
© Dukascopy Bank SA
Back to articles

Actual Topics

Thu, 29 Aug 2013 13:02:15 GMT

GBP/AUD 4H Chart: Rising Wedge

Pair has been holding a noticeable bullish trend since the beginning of April. This trend has manifested in to the form of Rising Wedge pattern which started on the beginning of July. It is worth pointing out that there are another three rising wedge pattern's in the area of this pattern. However their quality and magnitude ratings are much lower

Thu, 29 Aug 2013 06:34:31 GMT

EUR/NOK 1H Chart: Channel Up

EUR/NOK was strong enough to advance after a sharp decline under its long-term SMA, a drop under which sent the currency couple to an one-month low of 7.7784 on August 13. A sharp rise was observable after this short-term weakness, with EUR/NOK skyrocketing to a 33-month high on August 22. However, a bounce above this level failed, making the

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.