EUR/JPY 1H Chart: Ascending Triangle

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The Euro has been exceptionally strong against the Japanese Yen recently. Late December the pair hit the highest level since at least 2009 of above 145 and after a short and mild decline the pair again got an impetus for a climb.
At the moment, EUR/JPY is bounded by trend-lines of a 163-bar long ascending triangle and is likely to remain steady in the hours to come. The SWFX data signals that the proportions of long and short positions are almost equal, whereas technical indicators send clearer signals, suggesting that the pair may enjoy rally in the following hours.
© Dukascopy Bank SA
Back to articles

Actual Topics

Thu, 06 Mar 2014 11:56:31 GMT

EUR/USD 4H Chart: Rising Wedge

In a longer-term the most traded currency pair is trading between two Fibonacci retracements– at 1.3894 and 1.3456. In a shorter-term, however, the pair is moving in boundaries of a rising wedge pattern that was formed on January 24. The pair will affected by vital fundamental data from the United States and Europe this week, while traders believe the pair

Thu, 06 Mar 2014 08:39:43 GMT

EUR/NOK 1H Chart: Falling Wedge

The single currency has been losing its value compared to the Norwegian Krone since the pair neared a three-year high of 8.5473 on February 4. The beginning of spring failed to bring any noticeable changes in the pair's moves, except from an increased pace of depreciation that followed a formation of a falling wedge pattern on February 28. Now 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.