USD/DKK 1H Chart: Broadening Rising Wedge

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
For most of November CHF/JPY has been trying to consolidate above the 6.00 level. Moreover, by doing that the pair has formed a broadening rising wedge pattern that could potentially help to break the level once again.
For matter of fact, right now the pair is appreciating towards the upper trend-line that is located above the 6.00 mark. Since the majority of the hourly and daily technical indicators are also bullish, we see the pair approaching the major level. Also, the SWFX traders' expect the pair to appreciate, at least 57.14% of them have opened a long positions. A group of strong resistance levels are already behind, thus a continuation of advance seems likely.
© Dukascopy Bank SA
Back to articles

Actual Topics

Fri, 28 Nov 2014 09:47:07 GMT

CHF/JPY 4H Chart: Broadening Rising Wedge

Since the middle of October, CHF/JPY started to appreciate rather rapidly, meanwhile, this advance has pushed the pair into a broadening rising wedge. Already twice the pair has exited the pattern's trading range and by doing that it is showing some signs of willingness to break the pattern to the down-side. However, at the same time the 4H and daily technical

Thu, 27 Nov 2014 14:41:03 GMT

NZD/CAD 1H Chart: Broadening Rising Wedge

The similar tendency to the AUD/USD currency pair is showed by the Kiwi/Loonie cross, which is gaining value at the moment. The only difference is that this pair is trading within the boundaries of a bullish pattern. It means that the Kiwi is likely to advance in the long-term, as assumed by technical indicators on all time-frames. Moreover, daily studies

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.