Trade Pattern-Ideas

Note: This section contains information in English only.
Thu, 07 Mar 2019 12:47:49 GMT

EUR/HUF 1H Chart: Downside potential

The EUR/HUF exchange rate has been declining since the middle of February when it reversed south from the Fibonacci 50.00% retracement at 320.26.

Thu, 07 Mar 2019 12:46:02 GMT

EUR/SGD 1H Chart: Pressured by SMAs

The Euro has been appreciating gradually against the Singapore Dollar since the middle of February when the pair reversed north from the lower boundary of the falling wedge pattern at 1.5271.

Thu, 07 Mar 2019 06:45:06 GMT

AUD/JPY 4H Chart: Triangle formation

The Australian Dollar has been trading in a triangle-like formation pattern against the Japanese Yen since early February. The currency pair re-tested the bottom border of the triangle pattern at 78.46 during the Asian session on Thursday.

Thu, 07 Mar 2019 06:43:11 GMT

GBP/JPY 4H Chart: Remains near support cluster at 146.97

The British Pound has continued to gain strength against the Japanese Yen. The currency pair appreciated about 1.38% in values during the previous week trading session.  

Wed, 06 Mar 2019 13:33:36 GMT

EUR/RUB 1H Chart: Two scenarios likely

The Russian Ruble has been appreciating gradually against the Euro since the middle of February. This movement has been bounded in the falling wedge pattern.

Wed, 06 Mar 2019 13:31:56 GMT

USD/RUB 1H Chart: Pressured by 200-hour SMA

The Russian Ruble has been appreciating against the US Dollar since the beginning of January when the exchange rate reversed south from the upper boundary of the symmetrical triangle pattern.

Wed, 06 Mar 2019 07:08:22 GMT

BRENT.CMD/USD 4H Chart: breakout occurs

The Brent crude oil appreciated about 4.35% against the US Dollar during the last week. However, the surge was stopped by a resistance level formed by the weekly R1 at 66.86.

Wed, 06 Mar 2019 07:06:44 GMT

LIGHT.CMD/USD 4H Chart: Stranded between SMAs

The Light crude oil tested the $58 price level during the last week. After hitting the 58.00 area, the crude oil prices began to depreciate.

Tue, 05 Mar 2019 06:49:21 GMT

GBP/CAD 4H Chart: Pullback expected

The British Pound appreciated about 2.82% in values against the Canadian Dollar during last week's trading session. The currency pair reached near June 2018 high at 1.7629.

Tue, 05 Mar 2019 06:47:42 GMT

GBP/AUD 4H Chart: Decline in short-term

During the last week, the Great British Pound appreciated about 2.84% in values against the Australian Dollar. The exchange rate reached October 16, 2018, high level at 1.8721 during this short period.

Mon, 04 Mar 2019 07:42:26 GMT

EUR/CAD 4H Chart: Set for breakout

The Eurozone single currency appreciated about 230 base points against the Canadian Dollar during the past week. The currency pair breached both the 50-, 100– and 200-hour SMAs during last week's trading session.

Mon, 04 Mar 2019 07:38:36 GMT

EUR/AUD 4H Chart: Brief retracement likely

The single European currency appreciated about 1.59% in values against the Australian Dollar during the last week. The currency pair tested the upper boundary of a junior descending channel pattern at 1.6050.

Fri, 01 Mar 2019 14:34:20 GMT

USD/THB 1H Chart: Short-term increase expected

The USD/THB exchange rate reached the support level formed by the Fibonacci 100.00% retracement and reversed south at the end of February.

Fri, 01 Mar 2019 14:32:44 GMT

NZD/CAD 1H Chart: Pressured by 100– and 200-hour SMAs

The NZD/CAD currency pair has been trading within the ascending channel since the beginning of 2019.

Fri, 01 Mar 2019 06:17:35 GMT

ETH/USD 4H Chart: Stranded between SMAs

The Ethereum cryptocurrency has continued to appreciate against the US Dollar. The 100–hour simple moving average has guided the pair towards the 155.40 area a few days ago.

Fri, 01 Mar 2019 06:15:09 GMT

BTC/USD 4H Chart: Tests resistance cluster

The BTC/USD pair is currently trading in an ascending trendline pattern. The pair tested the lower boundary of the uptrend pattern at 3700.0 during yesterday's trading session.

Thu, 28 Feb 2019 13:07:19 GMT

EUR/NOK 1H Chart: Long-term channel in sight

The EUR/NOK exchange rate has been testing the resistance level formed by the Fibonacci 0.00% retracement since the beginning of 2019.

Thu, 28 Feb 2019 13:05:42 GMT

GBP/CHF 1H Chart: Supported by 100– and 200-hour SMAs

The British Pound has been appreciating against the Swiss Franc since the beginning of January when the currency pair reversed from the lower boundary of the long-term descending channel at 1.2350.

Thu, 28 Feb 2019 07:13:31 GMT

GBP/JPY 4H Chart: Breakout occurs

Upside risks dominated the British Pound versus the Japanese Yen during the past week. The currency pair appreciated about 2.89% during last week's trading session.

Thu, 28 Feb 2019 07:10:31 GMT

AUD/JPY 4H Chart: Tests weekly PP at 79.03

During the last week, the Australian Dollar appreciated about 1.82% against the Japanese Yen. This surge was stopped by a resistance level set by the weekly R1 at 79.72.

Wed, 27 Feb 2019 13:54:17 GMT

NZD/JPY 1H Chart: Previous forecast at work

The New Zealand Dollar has appreciated around 9.65% against the Japanese Yen since the beginning of January.

Wed, 27 Feb 2019 13:52:29 GMT

GBP/NZD 1H Chart: Bulls likely to prevail

The British Pound has been appreciating against the New Zealand Dollar since the middle of February when the currency pair reversed north from the lower boundary of the medium-term ascending channel at 1.8700.

Wed, 27 Feb 2019 07:05:44 GMT

BRENT.CMD/USD 4H Chart: Bounces off support

The Brent crude oil prices have depreciated about 4.93% against the US Dollar during the last week. The pair breached the lower boundary of an ascending channel pattern at 64.63 on Tuesday. 

Wed, 27 Feb 2019 07:03:50 GMT

LIGHT.CMD/USD 4H Chart: Two scenarios likely

The Light crude oil prices have depreciated about 4.66% against the US Dollar since last week. The pair reversed from a three-month high at 57.81 on February 22 and had since breached the 50-hour simple moving average at 56.18.

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