AUD/CAD 4H Chart: Rising Wedge

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
Even though a rising wedge pattern was already breached by bears couple of hours ago, the pair is still worth discussing. The trading range was narrowing, while both trend lines were poised to converge on October 5, making a breakout inevitable. However, it happened even earlier. According to the technical indicators on a daily chart, we may expect a throwback, suggesting the price could move back in pattern's boundaries, while in a longer term, the Aussie is still likely to loose ground against its Canadian counterpart. As the outlook is bearish, short traders could focus on a strong support level of 0.9536 represented by a Fibonacci retracement.
© Dukascopy Bank SA
Back to articles

Actual Topics

Tue, 24 Sep 2013 14:34:35 GMT

CHF/JPY 1H Chart: Channel Up

Today in the morning the CHF/JPY was moving straight forward to the pattern's support, which is located at 108.14, and currently the pair is changing hands at 108.20– just couple of pips above the key level. As it was said earlier, the pair has been underpinned by the long-term moving average and even in case of a downside breakout, the

Tue, 24 Sep 2013 13:31:47 GMT

EUR/GBP 4H Chart: Channel Down

Euro and pound was in focus of the media in quite of few cases recently which causes  few noisy periods with increased volatility. This is reflected in the pattern's quality (being just slightly above the average).  On the other hand, we have high level magnitude which offers significant trading opportunities. Due to the mentioned volatility we could not employ Fibonacci

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.