AUD/CHF 4H Chart: Rising Wedge

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The Australian Dollar was weakening versus the Swiss Franc during almost six months until it reached a two-year low in the end of August. A drop to this level mollified selling pressure and helped the pair to commence a bullish trend; the pair shaped a rising wedge pattern. Currently, there are no indications pertinent to looming breakout. Market participants are strongly bullish on the currency pair, with 72.22% of them betting on appreciation of AUD/CHF, according to the SWFX data. Technical indicators also call for upward movement in the short-term but urge that the pair may retreat in the medium-term.
© Dukascopy Bank SA
Back to articles

Actual Topics

Fri, 08 Nov 2013 07:46:40 GMT

EUR/TRY 4H Chart: Triangle

In the beginning of November EUR/TRY re-approached the highest level since at least 2009, even despite a formidable resistance lying on its way to the top. The resistance represents the upper-boundary of the triangle pattern formed by EUR/TRY on September 19. However, this breach of the pattern's resistance was a false breakout as the pair dived below this level seven

Fri, 08 Nov 2013 07:43:53 GMT

EUR/SEK 4H Chart: Ascending Triangle

EUR/SEK has been gradually advancing since the very beginning of September when the formation of the ascending triangle pattern started. On November 7, the ECB decision to cut rates pushed the pair below the lower limit of the pattern that may have been considered as a bearish breakout, especially given the proximity of the apex. However, the actual pair's trend

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.