AUD/JPY 4H Chart: Triangle

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The Aussie is expected to weaken not only against the Euro, but also against the Yen. AUD/JPY has just bumped into a falling resistance trend-line, which should trigger a sell-off. This line is also the upper boundary of a symmetrical triangle, which indicates a high possibility of major trend continuation, in this case—a break-out to the downside, through support at 83.40. The next objective will then be 79.40, the October 2012 low. Alternatively, should the price close above 86.30, there will still be a good opportunity for the bears to regain control of the situation at 87.50, the September low, while beyond this level the pair will probably target the August peak at 92.70.
© Dukascopy Bank SA
Back to articles

Actual Topics

Wed, 07 Oct 2015 14:16:10 GMT

GBP/AUD 1H Chart: Channel Down

It seems that the GBP/AUD currency pair is losing the chances of a rebound. The cross has been hovering near the lower trend-line of the bearish pattern since Tuesday morning and risks are skewed to the downside. Bearish scenario is shared by one-hour technical indicators at the moment. On the other hand, the majority of SWFX traders (56%) are holding

Wed, 07 Oct 2015 07:08:34 GMT

EUR/AUD 4H Chart: Channel Up

EUR/AUD appears to have formed a bullish channel, and there are plenty of other reasons why the currency pair is likely to rebound from 1.57. Apart from the fact that the price is now testing the rising support line, strong demand nearby is also implied by the monthly S1 and September low at 1.56. Moreover, most of the technical indicators

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.