USD/CHF 4H Chart: Ascending Triangle

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
Although USD/CHF has been trading in a pronounced down-trend since the beginning of last year's July, the support area circa 0.8850 managed to negate the bearish momentum and initiate a recovery. However, the rally encountered a resistance level at 0.9120, which denied every attempt of the currency pair to advance further north.
Accordingly, even though the four-hour and daily technical indicators are bullish, given the long-term negative bias towards the pair, it is more likely to breach the rising support line at 0.9074 and target 0.8984, after which the Dollar will be expected to re-test the December 27 low.

© Dukascopy Bank SA
Back to articles

Actual Topics

Mon, 20 Jan 2014 11:38:26 GMT

CAD/CHF 4H Chart: Channel Down

Since August of 2012 the Canadian Dollar has been consistently underperforming relative to the Swiss Franc. As a result, there is a bearish channel currently emerging on the four-hour chart of CAD/CHF.Still, considering the techncial studies and the most recent price action, the pair may rise up to the 200-period SMA or even the upper boundary of the pattern at

Mon, 20 Jan 2014 09:10:43 GMT

USD/ZAR 1D Chart: Channel Up

For the past 500 trading days USD/ZAR has been forming a channel up pattern and is therefore set to continue to advance further in the long term.However, considering that the currency pair is currently approaching the upper boundary of the upward-sloping corridor at 11.1329, which is reinforced by the weekly R2 and the monthly R3, the near-term risks are heavily

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.