EUR/JPY 30M Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
EUR/JPY steepened the monthly surge inside of an ascending channel pattern. Currently floating just above the recently established support at 120.96, the rate is likely to bounce and move on to levels above, namely the upper trend-line around 122.06. After the pair manages to exit the tight trading range bound by 120.96 and 121.06, the intra-pattern surge could have some trouble at 121.32, the upper Bollinger Band. The pair has not risen to the current highs since June, which suggests that the motion might flatten in order to consolidate the extensive uptrend.
© Dukascopy Bank SA
Back to articles

Actual Topics

Thu, 01 Dec 2016 13:19:05 GMT

USD/NOK 4H Chart: Channel Down

The US Dollar is depreciating against the Norwegian Krona in a descending channel pattern, as the currency exchange rate recently encountered the resistance of a larger scale pattern. The larger scale pattern is an ascending channel, which has been in force only since September. The rate is more controlled by the Fibonacci retracement levels, which are measured by connecting the

Thu, 01 Dec 2016 08:12:35 GMT

CAD/CHF 1H Chart: Rising Wedge

CAD/CHF calmed the uptrend by entering a rising wedge which should lead to a bearish reversal in the nearest future. The pair has now landed on the Daily Pivot Point and 20-hour SMA which could lead to a test of the bottom trend-line at 0.7576, strengthened by a cloud support. A break below the area would require some decent bearish

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.