Попробовать демо Открыть счет
Торговля
CFD
Бинарные опционы
Крипто
Банкинг
B2B
Рынки
О нас
Попробовать демо Открыть счет

EUR/JPY 4H Chart: Symmetrical Triangle

Note: This section contains information in English only.
Source: Dukascopy Bank SA
A break below the bottom trend-line of the three-month symmetrical triangle provided significant supply pressures to build up bearish momentum that EUR/JPY is about to release when the consolidation of the broken trend-line at 114.23 is executed. Levels 113.66, 113.76 and 114.03/08 are bound to put up a battle on the pair's way up, potentially flattening and prolonging the recovery phase. Facilitated by various time-frame SMAs pushing from above, the rate will incur losses as the death cross formation kicks in, setting levels of significance that were targeted on the way up as near-term supports. A general movement down is supported by the majority of technical indicators as well.
Back to articles

Actual Topics

28 Sep 2016

EUR/TRY 30M Chart: Channel Down

The Turkish Lira has already fought off a half of the losses incurred starting from the beginning of last Friday, which amounted to a little more than two percent. The recent weakness of the emerging currency was mainly due to a credit downgrade, but the effect proved to be short-lived, and EUR/TRY is now trading within a well-defined bearish channel.

27 Sep 2016

EUR/CAD 4H Chart: Channel Up

The break out of the descending channel last week came as a confirmation of a senior monthly channel up at 1.4636, which lacked evidence before. Decent bullish momentum carries EUR/CAD towards the upper trend-line of the channel, setting 1.4902/08 as the near-term resistance target. Grabbing onto demand pressures that stem from the golden cross formation below, a break above this

27 Sep 2016

GBP/JPY 4H Chart: Channel Down

The bearish channel in the four-hour chart and the technical indicators imply extension of Sterling's depreciation from 139 yen started at the beginning of September. This is also suggested by the descending triangle emerging in the higher timeframes. However, support at 130 yen still remains intact, meaning we may well see a rally in the near term. If the red