Trade Pattern-Ideas

Note: This section contains information in English only.
Thu, 10 Sep 2020 03:44:54 GMT

CHF/JPY 4H Chart: Breakout occurs

The Swiss Franc declined by 137 pips or 1.17% against the Japanese Yen during last week's trading sessions. A breakout occurred through the lower boundary of an ascending channel pattern on September 7.

Thu, 10 Sep 2020 03:43:10 GMT

CAD/CHF 4H Chart: Bears could prevail

The Canadian Dollar has been trading in an ascending channel pattern against the Swiss Franc since the beginning of August. The currency pair breached the lower line of the channel on September 9.

Wed, 09 Sep 2020 11:05:06 GMT

AUD/NZD 4H Chart: Two scenarios likely

Since the end of August, the AUD/NZD exchange rate has been declining, guided by a descending trend line.

Wed, 09 Sep 2020 10:51:43 GMT

EUR/NZD 4H Chart: Falling wedge pattern in sight

The EUR/NZD currency pair has been trading downwards within a falling wedge pattern since the beginning of August.

Wed, 09 Sep 2020 05:23:46 GMT

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

The 50– period simple moving average has pressure the UK100 index lower since the end of August. The pair tested the weekly support level at 5780.4 during last week's trading sessions.

Wed, 09 Sep 2020 05:22:05 GMT

DOLLAR.IDX/USD 4H Chart: Buying signals

The dollar index, which measures the US Dollar against a basket of major currencies, has surged by 179 pips or 1.95% since the beginning of September. The currency pair breached the 50-, 100– and 200– period SMAs.

Tue, 08 Sep 2020 10:47:41 GMT

GBP/NZD 4H Chart: Short-term decline expected

Since the end of August, the GBP/NZD exchange rate has been trading downwards, guided by a descending trend line.

Tue, 08 Sep 2020 10:27:00 GMT

GBP/CHF 4H Chart: Two scenarios likely

The GBP/CHF currency pair has been trading within an ascending channel since the beginning of August.

Tue, 08 Sep 2020 06:33:46 GMT

EUR/GBP 4H Chart: Breakout could occur

The common European currency has surged by 124 pips or 1.40% against the British Pound since September 1. The currency pair breached 50– and 100– hour SMAs during this period.

Tue, 08 Sep 2020 06:30:06 GMT

USD/CHF 4H Chart: Breakout occurs

The US Dollar has surged by 177 pips or 1.96% against the Swiss Franc since September 1. The currency pair breached the upper boundary of a descending channel pattern on September 7.

Mon, 07 Sep 2020 10:19:09 GMT

USD/SEK 4H Chart: Downside potential could prevail

The USD/SEK exchange rate has been trading downwards within a descending channel since the middle of August.

Mon, 07 Sep 2020 10:06:09 GMT

EUR/SEK 4H Chart: Bulls could prevail

The EUR/SEK currency pair has been trading upwards within an ascending channel since the beginning of August.

Mon, 07 Sep 2020 06:48:04 GMT

EUR/NZD 4H Chart: Selling signals

The common European currency has declined by 4.22% against the New Zealand Dollar since the middle of August. The currency pair breached the 1.7500 level during Friday's trading sessions.

Mon, 07 Sep 2020 06:43:02 GMT

AUD/NZD 4H Chart: Decline likely to continue

The Australian Dollar has declined by 2% against the New Zealand Dollar since the middle of August. The currency pair breached the 200– period simple moving average during last week's trading sessions.

Fri, 04 Sep 2020 10:41:08 GMT

USD/NOK 4H Chart: Bears could prevail in market

The USD/NOK exchange rate has been trading downwards within a descending channel since the end of August.

Fri, 04 Sep 2020 10:27:06 GMT

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

The EUR/NOK currency pair continued to trade downwards within the medium-term descending channel.

Fri, 04 Sep 2020 05:13:52 GMT

ETH/USD 4H Chart: Two scenarios likely

The Ethereum cryptocurrency has declined by 22.92% against the US Dollar since September 1. The currency pair breached the 50-, 100– and 200– period SMAs during this week's trading sessions.

Fri, 04 Sep 2020 05:08:03 GMT

BTC/USD 4H Chart: Breakout occurs

The Bitcoin cryptocurrency has declined by 16.16% against the US Dollar since this week's trading sessions. A breakout occurred through the lower boundary of an ascending channel pattern at 11524.8 on September 3.

Thu, 03 Sep 2020 10:57:33 GMT

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

The EUR/CZK exchange rate continued to trade within a falling wedge pattern.

Thu, 03 Sep 2020 10:47:56 GMT

EUR/TRY 4H Chart: Rising wedge pattern in sight

The EUR/TRY currency pair has been appreciating gradually within a rising wedge pattern since the beginning of August.

Thu, 03 Sep 2020 05:44:07 GMT

GBP/JPY 4H Chart: Could make brief retracement

The British Pound has surged by 3.03% against the Japanese Yen since the middle of August. The exchange rate tested the upper boundary of an ascending channel pattern at 142.50 on August 31.

Thu, 03 Sep 2020 05:38:20 GMT

AUD/JPY 4H Chart: could edge higher

The Australian Dollar has surged by 3.62% against the Japanese Yen since the middle of August. The AUD/JPY currency pair hit 2020 high level at 78.48 on August 31.

Wed, 02 Sep 2020 10:02:57 GMT

EUR/SGD 4H Chart: Ascending channel in sight

The EUR/SGD exchange rate has been trading upwards within an ascending channel since the end of July.

Wed, 02 Sep 2020 09:54:20 GMT

AUD/SGD 4H Chart: Bulls could prevail in market

The AUD/SGD currency pair has been trading upwards within an ascending channel since the middle of July.

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