Trade Pattern-Ideas

Note: This section contains information in English only.
Wed, 17 Jun 2020 05:06:02 GMT

GBR.IDX/GBP 4H: Upside potential could prevail

The UK100, which measures the best 100 performing shares from the London Stock Exchange, declined by 8.09% during last week's trading sessions. The UK100 tested the monthly pivot point at the 6000.09 mark last week.

Wed, 17 Jun 2020 05:01:34 GMT

DOLLAR.IDX/USD 4H Chart: Could edge higher

The dollar index, which measures the US Dollar against a basket of major currencies, surged by 1.37% during last week's trading sessions. The index tested the monthly resistance level at 97.28.

Tue, 16 Jun 2020 10:24:34 GMT

USD/NOK 1H Chart: Pair squeezed by moving averages

Yesterday, the USD/NOK exchange rate failed to surpass the Fibo 50.00% at 9.81 and continued to trade downwards.

Tue, 16 Jun 2020 10:09:31 GMT

EUR/NOK 1H Chart: Two scenarios likely

The EUR/NOK currency pair failed to exceed the monthly PP at 11.02 and continued to trade downwards.

Tue, 16 Jun 2020 04:53:04 GMT

EUR/GBP 4H: Buy signals

The common European currency surged by 145 pips or 1.63% against the British Pound during last week's trading sessions. The currency pair was guided up by the 200– period simple moving average.

Tue, 16 Jun 2020 04:51:25 GMT

USD/CHF 4H Chart: Sell signals

The US Dollar declined by 251 pips or 2.60% against the Swiss Franc during last week's trading sessions. The currency pair tested the lower boundary of a descending channel pattern at 0.9385 on June 12.

Mon, 15 Jun 2020 13:36:42 GMT

EUR/TRY 1H Chart: Ascending channel in sight

The EUR/TRY currency pair has been extending gains within an ascending channel since the end of May. The pair has already exceeded the 7.6500 level.

Mon, 15 Jun 2020 13:19:14 GMT

EUR/CZK 1H Chart: Short-term increase expected

The EUR/CZK exchange rate has been trading sideways since the beginning of June after it failed to decline below the 26.50 mark.

Mon, 15 Jun 2020 04:53:01 GMT

EUR/NZD 4H: Tests 100– period SMA

The single European currency has surged by 2.62% against the New Zealand Dollar since last week's trading sessions. The currency pair tested the 100– period simple moving average on June 12.

Mon, 15 Jun 2020 04:47:01 GMT

AUD/NZD 4H Chart: Could edge lower

The Australian Dollar has declined by 2.28% against the New Zealand Dollar since June 1. The currency pair tested a support cluster formed by the weekly S1 and the monthly S1 at 1.0609.

Fri, 12 Jun 2020 13:06:46 GMT

EUR/SGD 1H Chart: Downside potential could prevail

The EUR/SGD exchange rate has been trading upwards within a rising wedge pattern since the beginning of May. As apparent on the chart, the rate pierced the lower pattern line.

Fri, 12 Jun 2020 12:55:01 GMT

AUD/SGD 1H Chart: Ascending channel in sight

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

Fri, 12 Jun 2020 04:36:25 GMT

ETH/USD 4H: Sellers likely to pressure pair lower

The Ethereum cryptocurrency has declined by 10.12% against the US Dollar during the past two weeks. The exchange rate breached the 230.00 mark during yesterday's trading session.

Fri, 12 Jun 2020 04:34:47 GMT

BTC/USD 4H Chart: Decline likely to continue

The Bitcoin cryptocurrency has declined by 10.37% against the US Dollar since the beginning of June. The currency pair breached a support cluster formed by the monthly PP and the weekly S1 at 9183.6 on June 11.

Thu, 11 Jun 2020 12:11:21 GMT

USD/PLN 1H Chart: Bulls could prevail in short run

The USD/PLN exchange rate has been consolidating in the 3.9200 area since the beginning of June.

Thu, 11 Jun 2020 11:53:08 GMT

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

The USD/TRY currency pair has been fluctuating around the 6.8000 level since the end of May.

Thu, 11 Jun 2020 05:04:16 GMT

GBP/JPY 4H: Likely to target 134.00

The British Pound has surged by 5.42% against the Japanese Yen since June 1. The currency pair breached the psychological resistance level at the 139.00 area on June 8.

Thu, 11 Jun 2020 05:02:08 GMT

AUD/JPY 4H Chart: Could edge lower

The Australian Dollar has surged by 6.74% against the Japanese Yen since June 1. The currency pair tested the upper boundary of an ascending channel pattern at 76.75 on June 8.

Wed, 10 Jun 2020 12:30:25 GMT

USD/ZAR 1H Chart: Two scenarios likely

The USD/ZAR currency pair has been trading downwards since the middle of May after it failed to exceed the 19.00 level.

Wed, 10 Jun 2020 12:14:51 GMT

XAG/USD 1H Chart: Some upside potential could prevail

Silver has been appreciating against the US Dollar since the end of March. The XAG/USD exchange rate has already exceeded the 17.00 level.

Wed, 10 Jun 2020 04:36:42 GMT

LIGHT.CMD/USD 4H: Breakout could occur

The US light crude oil versus the US Dollar has been trading in an ascending channel pattern since May 1. The commodity has surged by 293% since the beginning of May.

Wed, 10 Jun 2020 04:34:37 GMT

BRENT.CMD/USD 4H Chart: Two scenarios likely

During the past month, the Brent crude oil prices have been trading bullish. The commodity has surged by 124.06% since May 1.

Tue, 09 Jun 2020 10:19:20 GMT

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

The EUR/DKK exchange rate continued to trade downwards within the falling wedge pattern. The rate has already declined below the 7.4570 level.

Tue, 09 Jun 2020 10:08:54 GMT

USD/DKK 1H Chart: Bears could prevail in market

The USD/DKK currency pair has been trading downwards within a descending channel since the end of May. The pair has already declined to the 6.7000 level.

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