Trade Pattern-Ideas

Note: This section contains information in English only.
Tue, 09 Feb 2021 11:16:54 GMT

ZAR/JPY 4H Chart: Two scenarios likely

Since the beginning of December, the ZAR/JPY currency pair has been trading within a falling wedge pattern.

Tue, 09 Feb 2021 10:52:11 GMT

USD/CHF 4H Chart: Decline could continue

The US Dollar has surged by 1.82% against the Swiss Franc since January 29. The currency pair breached the upper boundary of an ascending channel pattern at 0.9041 on February 4.

Tue, 09 Feb 2021 06:34:25 GMT

EUR/GBP 4H Chart: Bears could prevail

The single European currency has declined by 1.19% against the British Pound since February 1. The currency pair was pressured lower by the 50– period simple moving average.

Mon, 08 Feb 2021 10:57:48 GMT

CHF/SGD 4H Chart: Short-term decline expected

Since the middle of December, the CHF/SGD exchange rate has been trading downwards, guided by a descending trend line.

Mon, 08 Feb 2021 10:45:36 GMT

NZD/CHF 4H Chart: Rising wedge pattern in sight

Since the beginning of December the NZD/CHF currency pair has been trading upwards within a rising wedge pattern.

Mon, 08 Feb 2021 06:22:01 GMT

EUR/NZD 4H Chart: Decline likely to continue

The Eurozone single currency has declined by 2.26% against the New Zealand Dollar since the end of January. The 200– period SMA provided resistance for the currency pair on January 28.

Mon, 08 Feb 2021 06:19:10 GMT

AUD/NZD 4H Chart: Breakout could occur

The Australian Dollar has surged by 125 pips or 1.19% against the New Zealand Dollar since the beginning of February. The currency pair breached the 50– period SMA on February 5.

Fri, 05 Feb 2021 11:30:53 GMT

ETH/USD 1H Chart: SMA Pushes Rate up

After booking a new all-time high the price for Ethereum has consolidated and revealed a channel up pattern. Moreover, the 55-hour SMA had approached the ETH/USD rate and started to push it up. The near term future depended on whether or not the rate manages to pass the 1,700.00 level. In the case of the pair passing the 1,700.00 mark, it

Fri, 05 Feb 2021 11:20:51 GMT

BTC/USD 4H Chart: Making attempts to surge

The price for Bitcoin recently tested the January high level just below the 39,900.00 mark and failed. However, another attempt at that level is expected. Namely, the BTC/USD rate is expected to gain support from the lower trend line of the channel up pattern that has guided the rate since the second half of January and the 55, 100

Thu, 04 Feb 2021 11:54:53 GMT

GBP/NZD 4H Chart: Pair could consolidate

Since the beginning of December, the GBP/NZD exchange rate has been trading sideways within an ascending triangle pattern.

Thu, 04 Feb 2021 11:37:37 GMT

GBP/CHF 4H Chart: Two scenarios likely

Since the end of December, the GBP/CHF currency pair has been trading within a rising wedge pattern.

Thu, 04 Feb 2021 05:22:25 GMT

GBP/JPY 4H Chart: Two scenarios likely

The British Pound has surged by 1.89% against the Japanese Yen since January 19. The currency pair tested the upper boundary of an ascending channel pattern at 144.00 during this week's trading sessions.

Thu, 04 Feb 2021 05:20:32 GMT

AUD/JPY 4H Chart: Could continue to edge up

The Australian Dollar has surged by 1.31% against the Japanese Yen since January 28. The currency pair breached the 50– and 100– hour SMAs during this week's trading sessions.

Wed, 03 Feb 2021 11:18:11 GMT

USD/SEK 4H Chart: Two scenarios likely

Since the beginning of January, the USD/SEK currency pair has been trading upwards, supported by an ascending trend line.

Wed, 03 Feb 2021 11:16:28 GMT

EUR/SEK 4H Chart: Ascending channel in sight

Since the beginning of January, the EUR/SEK exchange rate has been trading upwards within an ascending channel.

Wed, 03 Feb 2021 05:50:28 GMT

LIGHT.CMD/USD 4H Chart: Bulls could prevail

Light crude oil prices have surged by 6.34% since the beginning of February. The commodity bounced off the lower boundary of an ascending channel pattern at 52.00 on February 1.

Wed, 03 Feb 2021 05:48:29 GMT

BRENT.CMD/USD 4H Chart: Buy signals

The Brent crude oil prices have surged by 5.94% since January 22. The commodity breached the $58.00 mark during yesterday's trading session. 

Tue, 02 Feb 2021 11:12:25 GMT

SGD/JPY 4H Chart: Upside potential could prevail

As apparent on the chart, the SGD/JPY exchange rate breached the ascending triangle pattern north.

Tue, 02 Feb 2021 11:03:31 GMT

USD/SGD 4H Chart: Two scenarios likely

Since the beginning of January, the USD/SGD currency pair has been trading within a rising wedge pattern.

Tue, 02 Feb 2021 05:48:56 GMT

GBP/CAD 4H Chart: Could edge higher

The British Pound has edged higher by 2.35% against the Canadian Dollar since January 21. The currency pair breached the 1.7600 level during last week's trading sessions.

Tue, 02 Feb 2021 05:46:16 GMT

GBP/AUD 4H Chart: Bulls could prevail

The Pound Sterling has surged by 2.32% against the Australian Dollar since January 21. The GBP/AUD currency pair tested the 1.8000 level during last week's trading sessions.

Mon, 01 Feb 2021 15:33:03 GMT

EUR/CHF 4H Chart: Bears could prevail in short run

Since the end of December, the EUR/CHF exchange rate has been trading within a descending channel.

Mon, 01 Feb 2021 15:24:01 GMT

EUR/TRY 4H Chart: Short-term decline expected

Since the beginning of January, the EUR/TRY currency pair has been trading downwards, pressured by a descending trend line.

Mon, 01 Feb 2021 05:53:53 GMT

EUR/CAD 4H Chart: Bulls likely to prevail

The Eurozone single currency has surged by 1.90% against the Canadian Dollar since January 21. The surge was stopped by the 200– period simple moving average last week.

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