Trade Pattern-Ideas

Note: This section contains information in English only.
Thu, 09 Jul 2020 04:32:40 GMT

CHF/JPY 4H: Could edge higher

The Swiss Franc is gradually edging higher in a narrow ascending channel pattern against the Japanese Yen. The currency pair has surged by 2.18% since the middle of June. 

Thu, 09 Jul 2020 04:31:02 GMT

CAD/CHF 4H Chart: Likely to maintain channel

The Canadian Dollar is currently trading in a narrow descending channel pattern against the Swiss Franc. The currency pair has declined by 1.60% since the middle of June. 

Wed, 08 Jul 2020 10:51:56 GMT

USD/ZAR 1H Chart: Descending triangle in sight

The USD/ZAR currency pair has been trading within a descending triangle pattern since the middle of June.

Wed, 08 Jul 2020 10:44:04 GMT

XAG/USD 1H Chart: Rising wedge pattern in sight

Silver has been appreciating against the US Dollar since the beginning of June within a rising wedge pattern.

Wed, 08 Jul 2020 05:45:39 GMT

GBR.IDX/GBP 4H: Breaks channel

The UK100, which measures the best 100 performing shares from the London Stock Exchange, has surged by 5.87% since the middle of June. The UK100 tested the 6300.00 level on July 6.

Wed, 08 Jul 2020 05:43:01 GMT

DOLLAR.IDX/USD 4H Chart: Two scenarios likely

The dollar index, which measures the US Dollar against a basket of major currencies, declined by 1.13% since last week's trading sessions. The index tested the psychological level at the 96.50 area on July 7. 

Tue, 07 Jul 2020 12:37:14 GMT

EUR/PLN 1H Chart: Rising wedge pattern in sight

The EUR/PLN exchange rate has been trading within a rising wedge pattern since the middle of June.

Tue, 07 Jul 2020 12:26:20 GMT

EUR/HUF 1H Chart: Two scenarios likely

As apparent on the chart, the EUR/HUF currency pair pierced the Fibo 23.60% at 335.21, however, failed to exceed the 357.50 level.

Tue, 07 Jul 2020 05:55:07 GMT

EUR/GBP 4H: Likely to maintain channel

The common European currency is gradually edging higher in an ascending channel pattern against the British Pound. The currency pair has surged by 5.56% since May 1.

Tue, 07 Jul 2020 05:53:38 GMT

USD/CHF 4H Chart: Decline likely to continue

The US Dollar versus the Swiss Franc is currently trading in a descending channel pattern. The currency pair has declined by 1.45% since last week's trading sessions.

Mon, 06 Jul 2020 10:05:09 GMT

USD/TRY 1H Chart: Two scenarios likely

The USD/TRY exchange rate has been consolidating at the 6.8600 level since the middle of June.

Mon, 06 Jul 2020 09:56:01 GMT

TRY/JPY 1H Chart: Descending channel in sight

The TRY/JPY currency pair has been trading downwards within a descending channel since the beginning of June.

Mon, 06 Jul 2020 05:42:23 GMT

EUR/NZD 4H: Selling bias

The common European currency has declined by 4.02% against the New Zealand Dollar since June 1. The currency pair was pressured lower by the 200– period simple moving average.

Mon, 06 Jul 2020 05:36:09 GMT

AUD/NZD 4H Chart: Likely to maintain channel

The Australian Dollar has declined by 2.22% against the New Zealand Dollar since June 2. The currency pair is currently trading in a narrow descending channel pattern.

Fri, 03 Jul 2020 11:36:23 GMT

EUR/DKK 1H Chart: Falling wedge pattern in sight

The EUR/DKK exchange rate continued to decline within the falling wedge pattern. The rate has already tumbled below the 7.4540 level.

Fri, 03 Jul 2020 11:25:44 GMT

USD/DKK 1H Chart: Two scenarios likely

The USD/DKK currency pair has been trading upwards gradually since the beginning of June. Note that the pair is guided by an ascending trend line.

Fri, 03 Jul 2020 05:08:45 GMT

ETH/USD 4H: Selling bias

The Ethereum cryptocurrency has declined by 8.58% against the US Dollar since June 24. The exchange rate breached the 215.00 level during last week's trading sessions.

Fri, 03 Jul 2020 05:03:18 GMT

BTC/USD 4H Chart: Decline likely to continue

The Bitcoin cryptocurrency has declined by 6.83% against the US Dollar since June 24. The currency pair tested the $8900 mark during Thursday's trading session.

Thu, 02 Jul 2020 10:33:22 GMT

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

The USD/ILS exchange rate continued to trade within the falling wedge pattern. As apparent on the chart, the rate declined below the 3.4600 level.

Thu, 02 Jul 2020 10:20:41 GMT

USD/MXN 1H Chart: Rising wedge pattern in sight

The USD/MXN currency pair has been trading upwards within a rising wedge pattern. Currently, the pair is testing the lower pattern line at 22.60.

Thu, 02 Jul 2020 04:53:28 GMT

GBP/JPY 4H: Breakout occurs

The British Pound has surged by 222 pips or 1.68% against the Japanese Yen since June 26. The currency pair breached the upper boundary of a descending channel pattern during yesterday's trading session.

Thu, 02 Jul 2020 04:51:41 GMT

AUD/JPY 4H Chart: Buying signals

The Australian Dollar has surged by 2.66% against the Japanese Yen since June 20. The currency pair breached the 50– and 100– period simple moving averages during this period.

Wed, 01 Jul 2020 09:45:39 GMT

EUR/RUB 1H Chart: Descending channel in sight

The EUR/RUB exchange rate has been trading downwards within a descending channel since the beginning of April.

Wed, 01 Jul 2020 09:31:29 GMT

USD/RUB 1H Chart: Upside potential could prevail

The USD/RUB currency pair has been extending gains gradually since the beginning of June after it reversed north from the 68.00 level.

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