NZD/USD 1H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
Despite the recent (June 23) test of the upper bound of the bullish channel that originated in mid-2015, NZD/USD managed to find solid support at 0.6970. From here, the currency pair formed an ascending channel, which is set to develop further, considering a plethora of bullish technical indicators. The positive bias is further reinforced by the positioning among the SWFX traders, 74% of whom are currently holding shorts. Accordingly, we expect the Kiwi to keep appreciating, until the price reaches the major resistance line at 0.7280, and then it will most likely breach the lower bound of the short-term channel. In the meantime, the downside is presently defended by this trend-line at 0.7150.
© Dukascopy Bank SA
Back to articles

Actual Topics

Mon, 04 Jul 2016 12:08:04 GMT

AUD/CHF 4H Chart: Channel Up

The Aussie, by reversing its direction against the Swiss Franc, has established a channel up pattern following a breakout of a double down pattern. Previously the pair was in a channel down pattern until the currency exchange rate formed a double bottom pattern, which usually predicts and in this case confirmed a reversal of the trend. At the moment the

Mon, 04 Jul 2016 07:55:20 GMT

AUD/USD 4H Chart: Channel Up

After AUD/USD stabilised near 0.7150 following the April-May sell-off, the pair managed to form an ascending channel of decent quality. And while the weekly outlook on the Aussie is bullish, as the currency has just bounced off of the lower bound of the pattern and the SWFX market is overcrowded with bears (72% of positions are short), the upside is

Fri, 01 Jul 2016 11:31:12 GMT

AUD/JPY 1H Chart: Channel Up

As the Australian Dollar strengthens against other currencies, it has also formed a channel up pattern against the Japanese Yen. The currency exchange rate rebounded against the patterns lower trend line around 8:00 GMT at 76.50, and at the moment it is trading at 76.71. The upper trend line is located at 77.60, and the pair's way to it is

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.