Trade Pattern-Ideas

Note: This section contains information in English only.
Wed, 20 Jan 2021 12:04:42 GMT

USD/CNH 4H Chart: Downside potential could prevail

Since the beginning of November, the USD/CNH currency pair has been trading downwards within a descending channel.

Wed, 20 Jan 2021 05:25:34 GMT

LIGHT.CMD/USD 4H Chart: Buying signals

The Light crude oil price has surged by 13.87% since the beginning of January. The 50– period simple moving average pressured the commodity higher during the past two weeks.

Wed, 20 Jan 2021 05:22:57 GMT

BRENT.CMD/USD 4H Chart: Bulls likely to prevail

The international benchmark for crude oil price Brent has surged by 13.12% since the beginning of January. The commodity breached the $57 mark during last week's trading sessions.

Tue, 19 Jan 2021 10:52:32 GMT

TRY/JPY 4H Chart: Two scenarios likely

Since the end of November, the TRY/JPY exchange rate has been trading upwards within a rising wedge pattern.

Tue, 19 Jan 2021 10:37:04 GMT

CAD/JPY 4H Chart: Upside potential could prevail

Since the end of November, the CAD/JPY currency pair has been trading upwards within a rising wedge pattern.

Tue, 19 Jan 2021 05:42:18 GMT

GBP/CAD 4H Chart: Breakout could occur

The Pound Sterling has declined by 156 pips or 0.89% against the Canadian Dollar since January 1. The GBP/CAD currency pair tested the 50– period simple moving average at 1.7292 during last week's trading sessions.

Tue, 19 Jan 2021 05:40:08 GMT

GBP/AUD 4H Chart: Bulls could prevail

The British Pound has surged by 1.64% against the Australian Dollar since the beginning of January. The currency pair breached the 50– and 100– period SMAs during last week's trading sessions.

Mon, 18 Jan 2021 11:24:28 GMT

USD/PLN 4H Chart: Upside potential could prevail

Since the beginning of December, the USD/PLN exchange rate has been trading upwards within an ascending channel.

Mon, 18 Jan 2021 11:14:05 GMT

USD/TRY 4H Chart: Two scenarios likely

Since the middle of November, the USD/TRY currency pair has been trading downwards within a falling wedge pattern.

Mon, 18 Jan 2021 05:38:44 GMT

EUR/CAD 4H Chart: Decline could continue

The common European currency has declined by 2.00% against the Canadian Dollar since January 4. The currency pair breached the lower line of a descending channel pattern at 1.5350 on January 15.

Mon, 18 Jan 2021 05:35:15 GMT

EUR/AUD 4H Chart: Breakout could occur

The single European currency has declined by 2.48% against the Australian Dollar since the beginning of January. The currency pair tested the lower line of a descending channel pattern at 1.5600 during last week's trading sessions.

Fri, 15 Jan 2021 10:44:51 GMT

EUR/DKK 4H Chart: Two scenarios likely

Since November, the EUR/DKK exchange rate has been trading downwards within a falling wedge pattern.

Fri, 15 Jan 2021 10:36:37 GMT

USD/DKK 4H Chart: Falling wedge pattern in sight

The USD/DKK currency pair continued to trade downwards within the adjusted falling wedge pattern.

Fri, 15 Jan 2021 06:19:13 GMT

NZD/JPY 4H Chart: Buying signals

The New Zealand Dollar has surged by 2.13% against the Japanese Yen since the beginning of January. The NZD/JPY currency pair breached the 75.50 level on January 11.

Fri, 15 Jan 2021 06:16:30 GMT

NZD/CAD 4H Chart: Decline likely to continue

The New Zealand Dollar has declined by 141 pips or 1.52% against the Canadian Dollar since January 6. The currency pair breached the 50-, 100– and 200– period SMAs during this period.

Thu, 14 Jan 2021 11:40:12 GMT

EUR/RUB 4H Chart: Bears could prevail in market

Since October, the EUR/RUB exchange rate has been trading within a descending channel.

Thu, 14 Jan 2021 11:29:18 GMT

USD/RUB 4H Chart: Downside potential could prevail

Since October, the USD/RUB currency pair has been trading within a falling wedge pattern.

Thu, 14 Jan 2021 04:22:59 GMT

CHF/JPY 4H Chart: Two scenarios likely

The Swiss Franc has surged by 135 pips or 1.16% against the Japanese Yen since the end of December. The currency pair tested the 117.60 level during last week's trading sessions.

Thu, 14 Jan 2021 04:21:11 GMT

CAD/CHF 4H Chart: Breakout could occur

The Canadian Dollar has surged by 109 pips or 1.59% against the Swiss Franc since January 4. The currency pair tested the upper line of an ascending channel pattern at 0.6996 last week.

Wed, 13 Jan 2021 11:27:07 GMT

USD/ILS 4H Chart: Downside potential could prevail

As apparent on the chart, the USD/ILS exchange rate has breached the falling wedge pattern south.

Wed, 13 Jan 2021 11:20:14 GMT

USD/MXN 4H Chart: Two scenarios likely

The USD/MXN currency pair continued to trade within the falling wedge pattern.

Wed, 13 Jan 2021 06:32:52 GMT

GBR.IDX/GBP 4H Chart: Bounces off support

The UK100, which measures the best 100 performing shares from the London Stock Exchange, has surged by 6.96% since the beginning of January. The index bounced off from the lower boundary of an ascending channel pattern at 6450.00.

Wed, 13 Jan 2021 06:31:20 GMT

DOLLAR.IDX/USD 4H Chart: Tests three-week high

The dollar index, which measures the US Dollar against a basket of major currencies, has surged by 1.59% since the beginning of January. The index tested the 200– period simple moving average at 90.60 on January 11.

Tue, 12 Jan 2021 10:47:16 GMT

EUR/CHF 4H Chart: Bears could prevail in market

Since November, the EUR/CHF exchange rate has been trading within a rising wedge pattern.

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