EUR/JPY 4H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
Japanese yen has been losing value for quite some time now. As a consequence Channel formations are rather often met with this currency now. Although pair started the week in a rather volatile fashion we should notice that  technical indicators almost unanimously point at the further recovery of the pair. Taking in to account that last pairs touch point with the pattern was pattern's support this gives strong indications about the further appreciation of the pair.

© Dukascopy Bank SA
Back to articles

Actual Topics

Mon, 15 Jul 2013 11:41:30 GMT

EUR/JPY 1D Chart: Rising Wedge

Euro-yen cross has been developing in the ranks of a Rising Wedge more than a year (367 trading days). Pair has exceptionally high quality rating (85%) and, at the same time, high magnitude gauge which suggests a possible major gains. Although technical indicators on aggregate on all relevant horizons point at appreciation of the pair we should take into account

Mon, 15 Jul 2013 08:32:52 GMT

USD/ZAR 4H Chart: Rectangle

Pair has been trading in a range since the end of May, but formed a quality Rectangle pattern only in the mid-June. Pair has been bouncing from the pattern's support to the resistance rather well which reflects in the 64% (quite above the average) pattern's quality measure. Taking in to account the range of the pattern, which is almost 5000

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.