USD/SGD 4H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
While an ascending channel has led the movements of USD/SGD for about two and a half months, a double top at 1.3959 could serve as a trend-changer consistent with a gloomy Dollar outlook caused by a Republican victory. If the pair continues to consolidate even respecting the current ceiling, it could still stay inside of the channel lines and post gains after 1.3832 – the bottom trend-line of the channel – is reached. Contained by 1.3940 and 1.3.867 from above and below, respectively, the pair has potential to grab onto some decent volatility during the flat motion, causing 1.3959 and 1.3838 to potentially come into action.
© Dukascopy Bank SA
Back to articles

Actual Topics

Wed, 09 Nov 2016 13:20:28 GMT

AUD/CAD 4H Chart: Ascending Channel

The AUD/CAD currency exchange rate is one of the currency pairs, which was not heavily influenced by the US presidential election. For the past month the rate has been fluctuating in the borders of an ascending channel pattern, which represents the pairs surge after rebounding against a larger channel's support line. However, most recently the rate's surge was stopped by

Wed, 09 Nov 2016 08:30:10 GMT

EUR/CHF 4H Chart: Falling Wedge

Showing signs of a channel at some point, EUR/CHF eventually formed a falling wedge, suggesting that the pair will surge in the nearest future. This is a scenario consistent with rising demand of safe haven currencies, as a Trump victory in the US election brings pessimism into markets. A break above the upper trend-line of the wedge at 1.0818 will

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.