Trade Pattern-Ideas

Note: This section contains information in English only.
Tue, 09 Jun 2020 05:26:13 GMT

GBP/CAD 4H: Could edge higher

The Pound Sterling consolidated near 1.7050 against the Canadian Dollar during last week's trading sessions. The GBP/CAD currency pair traded above the 1.6900 level last week.

Tue, 09 Jun 2020 05:21:11 GMT

GBP/AUD 4H Chart: Tests monthly S1

The British Pound declined by 467 pips or 2.52% against the Australian Dollar during last week's trading sessions. The decline was stopped by the monthly S1 at 1.8127 last week.

Mon, 08 Jun 2020 10:50:49 GMT

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

The EUR/HUF exchange rate has been trading within a falling wedge pattern since the end of April.

Mon, 08 Jun 2020 10:41:45 GMT

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

The EUR/PLN currency pair has been trading downwards since the end of May after it failed to exceed the 4.6000 level.

Mon, 08 Jun 2020 05:35:07 GMT

EUR/CAD 4H: Bears could prevail

The single European currency traded within the range of 1.5314/1.5065 against the Canadian during last week's trading sessions.

Mon, 08 Jun 2020 05:30:59 GMT

EUR/AUD 4H Chart: Decline likely to continue

The common European currency declined by 591 pips or 3.54% against the Australian Dollar during last week's trading sessions. The 50– and 100– period SMAs pressured the currency pair lower last week.

Fri, 05 Jun 2020 10:43:25 GMT

USD/ILS 1H Chart: Falling wedge pattern in sight

The USD/ILS exchange rate has been trading within a falling wedge pattern since the beginning of May.

Fri, 05 Jun 2020 10:33:49 GMT

USD/MXN 1H Chart: Bears could continue to prevail

The USD/MXN currency pair has been trading downwards since the middle of May after it failed to exceed the psychological level at 25.00.

Fri, 05 Jun 2020 05:26:04 GMT

NZD/JPY 4H: Targets at 72.00

The New Zealand Dollar has been trading in an ascending channel pattern against the Japanese Yen since May 14. The currency pair has surged by 385 pips or 5.79% since this week's trading sessions.

Fri, 05 Jun 2020 05:24:49 GMT

NZD/CAD 4H Chart: Bullish momentum likely to continue

The New Zealand Dollar has surged by 261 pips or 3.07% against the Canadian Dollar since June 1. The currency pair tested the 0.8750 area during the Asian session on Friday.

Thu, 04 Jun 2020 13:21:35 GMT

AUD/JPY 1H Chart: Two scenarios likely

The AUD/JPY exchange rate has been trading upwards since the middle of May after it reversed north from the Fibo 23.60% at 68.63.

Thu, 04 Jun 2020 13:01:33 GMT

TRY/JPY 1H Chart: Bulls could prevail

The TRY/JPY currency pair has been trading upwards since the beginning of May when it reversed north from the Fibo 100.00% at 14.75.

Thu, 04 Jun 2020 05:47:23 GMT

CHF/JPY 4H: Set for breakout

The Swiss Franc has surged by 4.29% against the Japanese Yen since May 6. The currency pair tested the upper boundary of an ascending channel pattern at 113.31 on June 3.

Thu, 04 Jun 2020 05:45:12 GMT

CAD/CHF 4H Chart: Bulls could prevail

The Canadian Dollar has surged by 2.52% against the Swiss Franc since June 1. The currency pair breached the weekly R2 at 0.7118 on during yesterday's trading session.

Wed, 03 Jun 2020 12:10:22 GMT

EUR/RUB 1H Chart: Bears could prevail

The EUR/RUB exchange rate has been trading downwards since the beginning of May. The rate has already declined below 78.00.

Wed, 03 Jun 2020 11:40:50 GMT

USD/RUB 1H Chart: Downside potential could prevail

The US Dollar continued to depreciate against the Russian Ruble. The USD/RUB currency pair has already surpassed the 70.00 level.

Wed, 03 Jun 2020 05:56:00 GMT

DOLLAR.IDX/USD 4H: Tests support cluster at 97.28

The dollar index, which measures the US Dollar against a basket of major currencies, has surged by 2.57% since May 25. The currency pair tested a support cluster formed by the weekly S1 and the monthly S1 at 97.28.

Wed, 03 Jun 2020 05:54:43 GMT

GBR.IDX/GBP 4H Chart: Buying signals

The UK100, which measures the best 100 performing shares from the London Stock Exchange, has surged by 6.02% since May 22. The 50– period simple moving average has pressured the pair higher during this period.

Tue, 02 Jun 2020 12:25:24 GMT

SGD/JPY 1H Chart: Bulls could continue to prevail

The SGD/JPY exchange rate has been appreciating since the beginning of May. The rate has already exceeded the 76.50 level.

Tue, 02 Jun 2020 12:09:02 GMT

USD/SGD 1H Chart: Descending channel in sight

The USD/SGD currency pair has been trading within a descending channel since the end of April. Currently, the pair is testing the lower channel line at 1.4010.

Tue, 02 Jun 2020 06:19:07 GMT

EUR/GBP 4H: Breakout could occur

The Eurozone single currency surged by 4.17% against the British Pound during last month's trading sessions. The currency pair tested the 0.9050 area on May 29.

Tue, 02 Jun 2020 06:15:13 GMT

USD/CHF 4H Chart: Sell signals

The US Dollar has declined by 1.52% against the Swiss Franc since last week's trading sessions. The currency pair tested the lower boundary of a descending channel pattern at 0.9580 on June 1.

Mon, 01 Jun 2020 10:59:15 GMT

CAD/JPY 1H Chart: Rising wedge pattern in sight

The CAD/JPY exchange rate has been trading within a rising wedge pattern since the beginning of May. The rate has already surpassed the 78.00 level.

Mon, 01 Jun 2020 10:47:52 GMT

AUD/CAD 1H Chart: Short-term advance expected

The Australian Dollar continued to appreciate against the Canadian Dollar. The AUD/CAD currency pair has already exceeded 0.9200.

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