Trade Pattern-Ideas

Note: This section contains information in English only.
Thu, 17 Jan 2019 12:56:21 GMT

EUR/CZK 1H Chart: Bulls likely to prevail

The Euro has been depreciating against the Czech Koruna after the pair reversed from the psychological level at 26.05 at the end of December.

Thu, 17 Jan 2019 12:54:49 GMT

EUR/SGD 1H Chart: Short-term channel in sight

After scoring the upper boundary of the short-term ascending channel located circa 1.5700, the EUR/SGD exchange rate has been declining since the end of December.

Thu, 17 Jan 2019 07:15:40 GMT

BRENT.CMD/USD 4H Chart: Bullish momentum today

The UKOIL has been trading in a narrow ascending channel against the US Dollar. The commodity price tested the upper boundary of the channel pattern at 62.39 on January 11 and subsequently made a pullback south.

Thu, 17 Jan 2019 07:13:52 GMT

LIGHT.CMD/USD 4H Chart: Likely to maintain channel

The Light crude oil has continued to trade in a junior ascending channel pattern against the US Dollar. The commodity price tested a resistance level at 52.83 a few days ago.

Wed, 16 Jan 2019 13:04:40 GMT

USD/SGD 1H Chart: Resistance level at sight

The USD/SGD currency pair breached the medium-term ascending channel south at the end of December and reached the psychological level at 1.3500 last Friday.

Wed, 16 Jan 2019 13:02:56 GMT

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

The US Dollar has been appreciating against the Turkish Lira since the beginning of December when the currency pair breached the falling wedge pattern. This movement has been bounded in the ascending channel.

Wed, 16 Jan 2019 07:25:40 GMT

ETH/USD 4H Chart: Remains near 200-hour SMA

The Ethereum cryptocurrency has been depreciating against the US Dollar since January 10. The pair has lost about 24.12% of its values during the last week. 

Wed, 16 Jan 2019 07:22:44 GMT

BTC/USD 4H Chart: Tests resistance cluster at 3764.5

The Bitcoin cryptocurrency has declined about 13.04% against the US Dollar since last week Thursday. The pair began depreciating after hitting the $4100 mark on January 10.

Tue, 15 Jan 2019 13:20:55 GMT

EUR/HUF 1H Chart: Two scenarios likely

The Euro has been depreciating gradually against the Hungarian Forint since the end of November when the currency pair reversed from the upper boundary of short-term descending channel at 324.75.

Tue, 15 Jan 2019 13:18:42 GMT

EUR/PLN 1H Chart: Upside potential

The Euro has been appreciating gradually against the Polish Zloty since the beginning of December; the EUR/PLN currency pair has been trading along the lower boundary of medium-term channel located in the 4.2780/4.2850 range.

Tue, 15 Jan 2019 07:31:46 GMT

EUR/AUD 4H Chart: Breakout occurs

The Eurozone single currency has depreciated about 1.54% against the Australian Dollar since January 8. The exchange rate was pressured south by the 50-hour simple moving average, which was providing resistance for the pair at 1.6200.

Tue, 15 Jan 2019 07:28:19 GMT

EUR/CAD 4H Chart: Pressured by 200-hour SMA

Indicator 4H 1D 1W MACD (12; 26; 9) Sell Sell Buy RSI (14) Neutral Neutral Neutral Stochastic (5; 3) Neutral Neutral Neutral Alligator (13; 8; 5) Sell Neutral

Mon, 14 Jan 2019 13:03:42 GMT

USD/DKK 1H Chart: Pair targets lower trend line

The Danish Krone has been appreciating against the US Dollar since the exchange rate reversed from the upper boundary of the long-term ascending channel at 6.5500. This movement has been bounded in the short-term ascending channel.

Mon, 14 Jan 2019 13:01:27 GMT

USD/ILS 1H Chart: Long-term channel in sight

The US Dollar has been appreciating against the Israeli Shekel since the currency pair reversed from the psychological level at 3.7800 at the end of December.

Mon, 14 Jan 2019 07:43:26 GMT

GBP/AUD 4H Chart: Testing 50– and 100-hour SMAs

The Pound Sterling has depreciated about 1.74% against the Australian Dollar since January 7. However, a support level formed by the weekly S1 at 1.7629 hindered the currency pair from further depreciation.

Mon, 14 Jan 2019 07:41:34 GMT

GBP/CAD 4H Chart: Breaches channel pattern

The GBP/CAD currency pair has been appreciating in a descending channel pattern. This surge began after the Pound Sterling breached a support level formed by the weekly S1 at 1.6844.

Fri, 11 Jan 2019 12:37:08 GMT

USD/MXN 1H Chart: Upside potential

The US Dollar has been depreciating against the Mexican Peso after the currency pair reversed south from the psychological level at 20.60 at the beginning of December. This movement has been bounded in the falling wedge pattern.

Fri, 11 Jan 2019 12:34:49 GMT

XAG/USD 1H Chart: Short-term decline expected

Silver has been appreciating against the US Dollar after the exchange rate reversed from the Fibonacci 0.00% retracement at 13.95 at the middle of November. This movement has been bounded in the ascending channel.

Fri, 11 Jan 2019 07:25:20 GMT

GBP/JPY 4H Chart: Likely to continue gaining strength

The British Pound has appreciated about 4.99% against the Japanese Yen since the pair reversed from July 2017 low at 132.89. The rate breached the 50-hour simple moving average at 138.03 on January 8.

Fri, 11 Jan 2019 07:23:36 GMT

AUD/JPY 4H Chart: Moving towards 80.02

The Australian Dollar has been appreciating against the Japanese Yen since January 3 when the currency pair reversed from a historical low at 70.00. The rate has gained about 10.59% of its values since the beginning of this year.

Thu, 10 Jan 2019 13:15:11 GMT

GBP/NZD 1H Chart: Short-term channel in sight

The British Pound has been appreciating against the New Zealand Dollar after the currency pair reversed from the psychological level at 1.8200 at the middle of December. This movement has been bounded in the ascending channel.

Thu, 10 Jan 2019 13:13:13 GMT

EUR/GBP 1H Chart: Two scenarios likely

The EUR/GBP currency pair has been testing the upper boundary of the long-term ascending channel located circa 0.9065 since the beginning of December.

Thu, 10 Jan 2019 06:14:29 GMT

BTC/USD 4H Chart: Supported by SMAs

The Bitcoin cryptocurrency has been trading in an ascending channel pattern against the US Dollar since the middle of December when the pair bounced off its bottom border at 3186.9.

Thu, 10 Jan 2019 06:12:16 GMT

ETH/USD 4H Chart: Will continue to gain strength

The ETH/USD pair has been trading in an ascending channel pattern since the middle of December. 

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