GBP/JPY 1H Chart: Broadening Ascending Wedge

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The Pound is in a broadening ascending Wedge pattern against the Japanese Yen, as the currency exchange rate is heading to the pattern's resistance line, which is located at 133.77. The pattern's upper trend line is also strengthened by the second weekly resistance level, which is located at 133.89. However, the currency rate has to pass the first weekly resistance at 132.50 before it can move to the trend line. It is most likely that the surge past the weekly R1 will happen, as the currency exchange rate gradually rises and the 55, 100 and 200-hour SMAs move with it and provide support, which will push the rate higher. At the moment the SMAs are located in a cluster from 131.44 to 131.08 just below the pair at 132.00.
© Dukascopy Bank SA
Back to articles

Actual Topics

Mon, 22 Aug 2016 12:19:03 GMT

EUR/AUD 1H Chart: Channel Up

The Euro is in an ascending channel pattern against the Australian Dollar, as the currency exchange rate is on its way to the pattern's lower trend line. The pattern's support line is located at the moment at 1.4770, and it is supported by two additional support levels, as the weekly pivot point and the 100-hour SMAs are located respectively at

Mon, 22 Aug 2016 11:13:06 GMT

EUR/USD 1W Chart: Rectangle

The EUR/USD currency pair has formed a well developed rectangle since the beginning of 2015, after taking serious dip in 2014. The pair has shown very strong resistance against the 1.1468 level which clusters with the upper Bollinger Band as well as a powerful support line at 1.0472. In the event of a continuation of the previous downward trend, the

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.