EUR/SEK 1H Chart: Falling Wedge

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
EUR/SEK exhausted its potential during a rally to a three-month high of 9.0119. After peaking at this high, the pair has been declining and entered a falling wedge pattern late February; now the pattern is 120-bar long.
At the moment, the currency couple is trading near the upper boundary of the pattern; however, it may be too early to expect the breakout. Technical indicators are neutral for short and medium term and send ‘sell' signals for longer term, meaning that the pair is not likely to enjoy a rally in the nearest term and may even retreat from the pattern's upper limit in the hours to come.
© Dukascopy Bank SA
Back to articles

Actual Topics

Fri, 07 Mar 2014 12:58:51 GMT

NZD/CAD 4H Chart: Channel Up

The market has been bullish since the summer of 2013. There has been a risk that the currency pair will change the trend during the last few days of January, but the 200-period SMA was enough to prevent further deterioration of the situation and preserve the overall upward tendency.As a result, NZD/CAD is forming a channel up pattern with the

Fri, 07 Mar 2014 08:09:03 GMT

XAU/USD 4H Chart: Channel Up

The yellow metal has been following a distinct upswing since late December when it dived under $1,200 per ounce. At the moment, the climb is developing within the limits of the 154-bar long channel up pattern. On March 3, XAU/USD managed to near a four-month high of 1,355.21 as bulls were predominating amid turmoil in Ukraine and negative jobs market

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.