Trade Pattern-Ideas

Note: This section contains information in English only.
Fri, 22 May 2020 05:25:27 GMT

GBP.IDX/GBP 4H: Could continue to surge

The UK100, which measures the best 100 performing stocks from the UK LSE, has surged by 6.44% since last week's trading sessions. The index breached the 6007.5 on May 18.

Fri, 22 May 2020 05:23:07 GMT

DOLLAR.IDX/USD 4H Chart: Decline likely to continue

The dollar index, which measures the US Dollar against a basket of major currencies, has declined by 141 basis points or 1.41% since May 14. The currency pair breached the 50-, 100– and 200– period SMAs during this week's trading sessions.

Thu, 21 May 2020 10:49:49 GMT

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

The USD/NOK exchange rate has been trading downwards within a falling wedge pattern since the end of April.

Thu, 21 May 2020 10:35:39 GMT

EUR/NOK 1H Chart: Two scenarios likely

The EUR/NOK currency pair has been trading within a falling wedge pattern since the end of April.

Thu, 21 May 2020 05:33:36 GMT

NZD/CAD 4H: Likely to continue to trend bullish

The New Zealand Dollar has edged higher by 188 pips or 2.25% against the Canadian Dollar since this week's trading sessions. The currency pair breached the 50-, 100– and 200– period SMAs on May 19.

Thu, 21 May 2020 05:29:48 GMT

NZD/JPY 4H Chart: Could aim at 64.96

The New Zealand Dollar has surged by 261 pips or 4.11% against the Japanese Yen since this week's trading sessions. The currency pair tested the upper boundary of a long-term descending channel pattern at 66.10 on May 20.

Wed, 20 May 2020 11:01:22 GMT

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

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

Wed, 20 May 2020 10:38:53 GMT

EUR/TRY 1H Chart: Bears could prevail

As apparent on the chart, the EUR/TRY currency pair failed to surpass the psychological level at 7.8000. The pair has been trading downwards since the beginning of May.

Wed, 20 May 2020 04:31:37 GMT

USD/CHF 4H: Two scenarios likely

The US Dollar has surged by 1.45% against the Swiss Franc since May 1. However, the USD/CHF currency pair has been trading sideways since this week's trading sessions.

Wed, 20 May 2020 04:29:00 GMT

EUR/GBP 4H Chart: Could edge lower

The common European currency has surged by 3.05% against the British Pound since the beginning of May. The currency pair tested the upper boundary of an ascending channel pattern at 0.8953 on May 18.

Tue, 19 May 2020 10:59:51 GMT

EUR/SGD 1H Chart: Pair could maintain consolidation

The EUR/SGD exchange rate has been trading sideways in the 1.5300/1.5570 range since the end of April.

Tue, 19 May 2020 10:48:02 GMT

AUD/SGD 1H Chart: Rising wedge pattern in sight

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

Mon, 18 May 2020 10:47:57 GMT

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

The USD/PLN exchange rate has been trading within a rising wedge pattern since the middle of April. The rate has already surpassed the 4.2000 level.

Mon, 18 May 2020 10:27:46 GMT

USD/TRY 1H Chart: Two scenarios likely

The USD/TRY currency pair failed to exceed the psychological level at 7.2500. Since the beginning of May, the pair has been trading downwards.

Mon, 18 May 2020 07:16:27 GMT

EUR/NZD 4H: Breakout occurs

The common European currency has surged by 3.63% against the New Zealand Dollar since May 10. A breakout occurred through the upper boundary of a descending channel pattern during last week's trading sessions.

Mon, 18 May 2020 07:13:13 GMT

AUD/NZD 4H Chart: Buy signals

The Australian Dollar has surged by 2.21% against the New Zealand Dollar since last week's trading sessions. The 50– and 100– hour SMAs pressured the currency pair higher during this short period.

Fri, 15 May 2020 12:35:55 GMT

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

The CAD/CHF exchange rate has been trading within a rising wedge pattern since the end of March.

Fri, 15 May 2020 12:27:11 GMT

CHF/JPY 1H Chart: Descending channel in sight

The CHF/JPY currency pair has been trading within a descending channel since the beginning of April. The pair has already surpassed the Fibo 23.60% at 110.05.

Fri, 15 May 2020 06:03:57 GMT

ETH/USD 4H: could edge higher

The Ethereum cryptocurrency has surged by 13.58% against the US Dollar since this week's trading sessions. The exchange rate was pressured higher by the 200– period simple moving average during this week.

Fri, 15 May 2020 06:02:24 GMT

BTC/USD 4H Chart: Buy signals

The Bitcoin cryptocurrency has surged by 18.99% against the US Dollar since this week's trading sessions. The exchange rate was guided by an ascending channel pattern.

Thu, 14 May 2020 14:38:42 GMT

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

The XAG/USD exchange rate has been trading within a rising wedge pattern since the end of April. The rate has already exceeded the 15.50 level.

Thu, 14 May 2020 12:37:04 GMT

USD/ZAR 1H Chart: Symmetrical triangle pattern in sight

The USD/ZAR currency pair has been trading within a symmetrical triangle pattern since the beginning of April.

Thu, 14 May 2020 04:56:09 GMT

GBP/JPY 4H: Decline likely to continue

The British Pound has declined by 463 basis points or 3.43% against the Japanese Yen since the beginning of May. The currency pair breached the weekly S1 and the monthly S2 near the 130.49 area on Thursday morning.

Thu, 14 May 2020 04:54:19 GMT

AUD/JPY 4H Chart: Sets for breakout

The Australian Dollar has declined by 148 basis points or 2.11% against the Japanese Yen since this week's trading sessions. The currency pair tested the bottom border of an ascending channel pattern at 68.74 on Thursday morning.

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