Trade Pattern-Ideas

Note: This section contains information in English only.
Thu, 01 Nov 2018 12:52:22 GMT

Light.CMD/USD 1H Chart: Two scenarios likely

Crude oil has been depreciating against the US Dollar since the beginning of October when the pair reversed from the upper boundary of a long-term ascending channel at 76.00.

Thu, 01 Nov 2018 12:50:13 GMT

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

The British Pound has been depreciating against the New Zealand Dollar since the beginning of October when the currency pair reversed from the upper boundary of a long-term ascending channel circa 2.0500.

Thu, 01 Nov 2018 08:03:05 GMT

AUD/CAD 4H Chart: Surge still in sight

The Australian Dollar has been appreciating against the Canadian Dollar since the beginning of October. The AUD/CAD currency pair has increased its trading range by 3.08%.

Thu, 01 Nov 2018 08:00:50 GMT

AUD/JPY 4H Chart: Potential bullish momentum

Downside risks have dominated the AUD/JPY currency pair since the beginning of October. The Australian Dollar has depreciated about 4.66% against the Japanese Yen.

Wed, 31 Oct 2018 13:20:40 GMT

BRENT.CMD/USD 1H Chart: Short-term decline expected

The BRENT.CMD/USD pair has been depreciating in an ascending channel since the pair reversed from the upper boundary of a long-term ascending channel near 86.00.

Wed, 31 Oct 2018 13:19:15 GMT

EUR/TRY 1H Chart: Previous forecast at work

The EUR/TRY currency pair breached the falling wedge south. The rate has been trading south and reached the psychological level at 6.25.

Wed, 31 Oct 2018 07:38:50 GMT

CAD/JPY 4H Chart: Potential breakout

The CAD/JPY currency pair has been trading in a descending channel pattern since the beginning of October. This channel was formed when the pair made a U-turn from the upper boundary of a long-term ascending channel at 89.00 on October 3.

Wed, 31 Oct 2018 07:35:34 GMT

CHF/JPY 4H Chart: Bullish in short-term

The Swiss Franc has been depreciating against the Japanese Yen in a narrow descending channel since the middle of September. This gradual decline in price began when the currency pair reversed from the upper boundary of a long-term ascending channel at 117.96 on September 24.

Tue, 30 Oct 2018 13:26:15 GMT

USD/MXN 1H Chart: Medium-term channel in sight

The US Dollar has been appreciating against the Mexican Peso since the middle of October when the currency pair reversed from the lower boundary of a medium-term ascending channel near 18.75.

Tue, 30 Oct 2018 13:24:14 GMT

SGD/JPY 1H Chart: Short-term decline expected

Downside risks prevailed in the market, thus sending the Singapore Dollar 2.60% lower against the Japanese Yen.

Tue, 30 Oct 2018 08:10:51 GMT

EUR/CAD 4H Chart: Triangle pattern

The single European currency has been trading in a triangle pattern against the Canadian Dollar since late September. The pair tested the upper boundary of the pattern at 1.5325 on September 27 and re-tested the bottom border at 1.4779 last week.

Tue, 30 Oct 2018 08:08:54 GMT

EUR/AUD 4H Chart: Decline continues

Downside risks have dominated the EUR/AUD currency pair since the last three weeks. This fall began after the pair tested a resistance level formed by the weekly R2 at 1.6343.

Mon, 29 Oct 2018 07:35:12 GMT

GBP/CAD 4H Chart: Decline is likely to continue

A junior descending channel pattern has guided the movement of the GBP/CAD exchange rate lower.

Mon, 29 Oct 2018 07:33:17 GMT

GBP/AUD 4H Chart: Pressure by SMAs

The British Pound has declined significantly against the Australian Dollar after the currency pair pulled back from a resistance level formed by the monthly pivot point at 1.8700.

Fri, 26 Oct 2018 12:20:59 GMT

TRY/JPY 1H Chart: Previous forecast at work

The previous forecast worked, and the TRY/JPY currency pair continued to trade in a short-term ascending channel.

Fri, 26 Oct 2018 12:18:26 GMT

USD/NOK 1H Chart: Upside momentum likely

The US Dollar has been appreciating against the Norwegian Krone after the currency pair reversed from the lower boundary of a long-term ascending channel located at 8.1500.

Fri, 26 Oct 2018 06:22:52 GMT

GBP/JPY 4H Chart: Moving towards August swing low

The Pound Sterling started to depreciate against the Japanese Yen after hitting the upper boundary of a dominant descending channel pattern at 149.50. This decline began on October 9 and had since reached a one-month low level of 143.93.

Fri, 26 Oct 2018 06:20:46 GMT

GBP/CHF 4H Chart: Potential decline

The British Pound began to appreciate against the Swiss Franc after reaching the lower boundary of a long-term descending channel at 1.2400. this surge started early September and had since reached near July swing high of 1.3229.

Thu, 25 Oct 2018 05:57:59 GMT

EUR/NZD 4H Chart: Nears resistance cluster

The common European currency has lost about 3.20% of its values against the New Zealand Dollar since the first week of October. This decline started after the currency pair made a U-turn south from the upper boundary of a long-term ascending channel at 1.7933 on October 8.

Thu, 25 Oct 2018 05:55:36 GMT

USD/CHF 4H Chart: Remains near 1.00

The US Dollar has increased its trading range against the Swiss Franc after the currency pair reversed from the lower boundary of a long-term ascending channel at 0.9550.

Wed, 24 Oct 2018 05:37:06 GMT

AUD/NZD 4H Chart: Short-term surge likely

The Australian Dollar has depreciated significantly against the New Zealand Dollar after the currency pair made a U-turn south from the upper boundary of a two-week descending channel at 1.0986 on October 10.

Wed, 24 Oct 2018 05:35:19 GMT

AUD/JPY 4H Chart: Likely breakout

The Australian Dollar has declined massively against the Japanese Yen after the currency pair reversed from the upper boundary of a three-week descending channel pattern at 82.50 on October 2.

Tue, 23 Oct 2018 11:42:13 GMT

USD/SEK 1H Chart: Bullish momentum likely

Upside risks prevailed in the market, thus sending the US Dollar 4.25% higher against the Swedish Krona. Half of these gains have erased since beginning of October, as the pair returned near 8.9000.

Tue, 23 Oct 2018 11:40:03 GMT

EUR/PLN 1H Chart: Symmetrical triangle in sight

The EUR/PLN currency pair has been trading in symmetrical triangle since the beginning of July. Also, the pair reversed from the upper pattern line located near 4.3282.

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