Experimentar demo Abra uma conta
Trading
CFD
Binárias
Criptomoedas
Banking
B2B
Info de Mercado
Sobre nós
Experimentar demo Abra uma conta

GBP/USD likely to re-test falling wedge north

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs50%50%-0.6%
Shorts50%50%0.6%
Indicator4H1D1W
MACD(12;26;9)BuySellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuySellBuy
SAR(0.02;0.2)BuySellBuy
Aggregate⇗⇘⇗

[ANNOUNCE] During previous trading session, the GBP/USD exchange rate tested the upper boundary of the falling wedge pattern at 1.3128 and reversed south. [/ANNOUNCE] 

From a technical point of view, it is unlikely that the pair could continue to decline due to the support cluster formed by a combination of the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3078/1.3088 range. 

It is expected, that the currency pair re-tests the upper pattern line located in the 1.3100/1.3200 range. However, it is unlikely, that the pair could breach the given pattern due to the resistance level located at the 1.3119 mark.

Back to articles

Actual Topics

15 Apr 2019

USD/JPY: two scenarios likely

PositionsTodayYesterdayChange Longs29%30%-6.4% Shorts71%70%2.6% Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuyNeutral SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE] At the end of last week, the USD/JPY currency pair traded sideways around the psychological level at 112.00. [/ANNOUNCE] Note, that the pair is trading near the upper boundary of the long-term descending channel at 112.15, thus, theoretically, it is unlikely, that some bullish momentum could prevail in the market. On

15 Apr 2019

EUR/USD could breach short-term channel

PositionsTodayYesterdayChange Longs28%28%0.5% Shorts72%72%-0.2% Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyNeutralSell SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇘ [ANNOUNCE] On Friday, the EUR/USD currency pair tried to breach the short-term channel north and reversed south from the upper channel line at 1.1324. On Monday's morning, the pair resumed going up. [/ANNOUNCE] It is likely, that the exchange rate re-tests the upper trend boundary in the nearest future. If the

12 Apr 2019

XAU/USD likely to decline

PositionsTodayYesterdayChange Longs40%41%-0.5% Shorts60%59%0.3% Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)BuyNeutralNeutral Alligator(13;8;5)NeutralSellBuy SAR(0.02;0.2)SellBuySell Aggregate⇒⇒⇒ [ANNOUNCE] During yesterday's trading session, the price for gold dropped to the psychological level at 1,290. [/ANNOUNCE] Given that the XAU/USD exchange rate is pressured by the 200-hour SMA at 1,295.67, it is likely, that some downside potential prevails in the market for the short run. A possible downside target is