USD/CAD 1H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The American Dollar has been appreciating against its Canadian counterpart since March 4, when the currency pair began trading in the current up-trend. Moreover, just recently the Greenback has bounced off the pattern's resistance; therefore, a pace of pair's growth is likely to increase in the near-term. Technical indicators are bullish on a short-term time-frame, meaning that the currency should hover to the north in the foreseeable future. However, the closest resistance is represented by the weekly R2 at 1.2773, which may keep bulls under pressure. Despite that, 74.50% of SWFX traders believe the pair has all opportunities to continue gaining value.
© Dukascopy Bank SA
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Fri, 13 Mar 2015 15:14:04 GMT

EUR/AUD 4H Chart: Channel Down

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Fri, 13 Mar 2015 07:39:07 GMT

GBP/USD 1H Chart: Channel Down

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