Trade Pattern-Ideas

Note: This section contains information in English only.
Wed, 05 Aug 2020 12:08:36 GMT

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

The EUR/CZK exchange rate has been trading within a falling wedge pattern since the beginning of June. As apparent on the chart, the rate has pierced the lower pattern line.

Wed, 05 Aug 2020 11:54:30 GMT

EUR/TRY 4H Chart: Bulls could continue to prevail

The EUR/TRY currency pair has been trading upwards since the beginning of July. As apparent on the chart, the pair has already exceeded the 8.2500 level.

Wed, 05 Aug 2020 05:25:05 GMT

LIGHT.CMD/USD 4H: Could edge higher

The light crude oil prices have surged by 4.84% since the beginning of this week's trading sessions. The commodity tested the monthly resistance level at 41.98 on Tuesday.

Wed, 05 Aug 2020 05:22:48 GMT

BRENT.CMD/USD 4H Chart: Tests $44.60 mark

Brent crude oil has surged by 3.38% since last week trading sessions. The commodity bounced off from a support level formed by the 200– period simple moving average.

Tue, 04 Aug 2020 10:59:46 GMT

EUR/SGD 4H Chart: Bulls could prevail

The EUR/SGD exchange rate has been trading upwards since the beginning of July, guided by an ascending trend line.

Tue, 04 Aug 2020 10:47:17 GMT

AUD/SGD 4H Chart: Rising wedge pattern in sight

The AUD/SGD currency pair has been trading within a rising wedge pattern since the beginning of June.

Tue, 04 Aug 2020 04:49:36 GMT

GBP/CAD 4H: Could make brief retracement

The Pound Sterling has edged higher by 4.06% against the Canadian Dollar since the middle of July. The currency pair tested the 1.7700 level during last week's trading sessions.

Tue, 04 Aug 2020 04:47:35 GMT

GBP/AUD 4H Chart: Bulls could prevail

The British Pound has surged by 3.79% against the Australian Dollar since July 22. The currency pair is currently trading in narrow ascending channel pattern. 

Mon, 03 Aug 2020 11:12:49 GMT

ZAR/JPY 4H Chart: Bears could prevail

The ZAR/JPY exchange rate has been consolidating between the 6.1170 and 6.5480 levels since the beginning of June.

Mon, 03 Aug 2020 11:05:37 GMT

USD/ZAR 4H Chart: Two scenarios likely

The USD/ZAR currency pair has been trading sideways between the Fibos 38.00% and 23.60%, located at 16.26 and 17.37 respectively.

Mon, 03 Aug 2020 05:36:37 GMT

EUR/CAD 4H: Brief retracement likely

The Eurozone single currency has surged by 3.84% against the Canadian Dollar since July 21. The currency pair tested the upper boundary of an ascending channel pattern at 1.5974 during Friday's trading session.

Mon, 03 Aug 2020 05:35:16 GMT

EUR/AUD 4H Chart: Buying signals

The common European currency has surged by 2.44% against the Australian Dollar since mid-July. The currency pair is currently trading in narrow ascending channel pattern.

Fri, 31 Jul 2020 12:18:21 GMT

EUR/HUF 4H Chart: Downside potential could prevail

As apparent on the chart, the EUR/HUF exchange rate failed to exceed the resistance level formed by the Fibo 23.60% at 355.21.

Fri, 31 Jul 2020 12:06:55 GMT

EUR/PLN 4H Chart: Ascending channel in sight

The EUR/PLN currency pair has been trading within an ascending channel since the beginning of June.

Fri, 31 Jul 2020 05:19:18 GMT

NZD/JPY 4H: Breakout could occur

The New Zealand Dollar has declined by 197 pips or 2.75% against the Japanese Yen since last week's trading sessions. The currency pair tested the lower boundary of an ascending channel pattern on July 30.

Fri, 31 Jul 2020 05:17:17 GMT

NZD/CAD 4H: Buying signals

The New Zealand Dollar has surged by 143 pips or 1.62% against the Canadian Dollar since July 16. The currency pair breached the weekly resistance level at 0.8968 during yesterday's trading session.

Thu, 30 Jul 2020 13:01:41 GMT

TRY/JPY 4H Chart: Reversal north could occur

The TRY/JPY exchange rate has been trading downwards since last Wednesday. Currently, the rate is testing the support level formed the monthly S2 at 15.03.

Thu, 30 Jul 2020 12:50:54 GMT

USD/TRY 4H Chart: Two scenarios likely

Yesterday, the USD/TRY currency pair raised to the resistance level formed by the monthly R2 at 7.0035. Currently, the pair was testing the given resistance.

Thu, 30 Jul 2020 05:52:55 GMT

CHF/JPY 4H: Bullish momentum to continue

The Swiss Franc has surged by 250 pips or 2.21% against the Japanese Yen since July 16. The currency pair tested the upper boundary of an ascending channel pattern at 115.51 on July 23.

Thu, 30 Jul 2020 05:51:01 GMT

CAD/CHF 4H: Decline likely to continue

The Swiss Franc has declined by 2.48% against the Canadian Dollar since the middle of July. The currency pair was pressured the lower by the 200– period simple moving average.

Wed, 29 Jul 2020 11:01:12 GMT

EUR/DKK 4H Chart: Descending channel in sight

The EUR/DKK exchange rate has been trading within a descending channel since the end of June.

Wed, 29 Jul 2020 10:51:54 GMT

USD/DKK 4H Chart: Two scenarios likely

The USD/DKK currency pair has been trading downwards since the beginning of July.

Wed, 29 Jul 2020 05:46:16 GMT

GBR.IDX/GBP 4H: Decline likely to continue

The UK100, which measures the best 100 performing shares from the London Stock Exchange, has declined by 3.43% since the middle of July. The UK100 breached the 50-, 100– and 200– period SMAs on July 23.

Wed, 29 Jul 2020 05:36:46 GMT

DOLLAR.IDX/USD 4H: Breakout could occur

The dollar index, which measures the US Dollar against a basket of major currencies, has declined by 4.22% since July 1. The currency pair breached March's swing low at 94.63 during last week trading sessions.

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