USD/NOK 1H Chart: Triangle

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The recent decline below the lower limit of the 123-bar long triangle pattern shaped by USD/NOK may be real breakout capable of sending the pair farther from a four-month high near which it is trading now. The idea that the exit is likely to lead to a massive sell-off is propped up by the SWFX sentiment – more than 75% of traders bet on depreciation of the pair. Furthermore, the pair has almost reached the apex that lies several bars ahead. Meanwhile, technical indicators send mixed signals—'sell' in the short-term and ‘buy' in the medium– and long-term.
© Dukascopy Bank SA
Back to articles

Actual Topics

Fri, 27 Jun 2014 12:11:07 GMT

CHF/SGD 1H Chart: Rising Wedge

CHF/SGD has been trending upwards since the mid-June, when it bottomed out at 1.3850. However, now there appear signs the current rally may soon come to an end, since the currency pair is forming a rising wedge. But it could be argued that CHF/SGD is forming an ascending triangle instead of a reversal pattern. This will be finally determined where

Fri, 27 Jun 2014 06:35:56 GMT

EUR/AUD 1H Chart: Channel Up

Although EUR/AUD was a subject to buying pressure during the last 89 hours, it did not manage to remain for a long time within the boundaries of the channel up pattern started on Jun 20. A few hours earlier, the pair exited the formation and currently is vacillating under the lower trend-line. Now it is a hard time for EUR/AUD to

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.