NZD/JPY 30M Chart: Ascending Channel

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
An ascending channel led NZD/JPY after the Election plunge and is now on the verge of breaking in favour of an extensinve surge. The pair has not conquered levels above 77.81, which it addressed before the Election, but has built up enough bullish potential for an outburst in the next wave north. A break above the resistance will likely call for a retracement, meaning that 77.90 or the tougher 78.00/02 area could cap the gains to push for a retracement, opening up 78.37 and 78.65 when the rally is extended afterwards. Support is bolestered by various technical factors, which could help elevate the rate outside of the triangle.
© Dukascopy Bank SA
Back to articles

Actual Topics

Mon, 21 Nov 2016 07:43:12 GMT

EUR/CHF 30M Chart: Double Bottom

EUR/CHF put an end to the downtrend with a double bottom formation at 1.0687. The pair had not attacked levels as low since the Brexit dip and August 2015 before that, meaning that it is highly likely that the neckline at 1.0753 will break. The rate will face the 1.0717/22 cluster of resistances, 1.0738 and then 1.0748 before the neckline

Fri, 18 Nov 2016 15:22:54 GMT

CAD/JPY 30M Chart: Rising Wedge

CAD/JPY showed signs of an ascending channel, just before breaking the upside support and entering a rising wedge. The pair is currently testing the bottom trend-line at 81.500, and a close below would confirm a breakout marking the beginning of a downtrend. The pair has already exited the Andrew's Pitchfork and entered an Ichimoku cloud, which suggests that CAD/JPY 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.