Trade Pattern-Ideas

Note: This section contains information in English only.
Wed, 13 May 2020 11:53:19 GMT

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

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

Wed, 13 May 2020 11:45:12 GMT

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

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

Wed, 13 May 2020 05:18:43 GMT

LIGHT.CMD/USD 4H Chart: Buy signals

The US sweet crude oil has surged by 161.81% since the end of April. The commodity breached the $26 mark during last week's trading sessions. The pair were guided higher by the 50– period simple moving average.

Wed, 13 May 2020 05:17:25 GMT

BRENT.CMD/USD 4H Chart: Could edge higher

The benchmark for international crude oil price Brent has surged by 86.80% since April 22. The commodity breached the 50-, 100– and 200– period SMAs during last week's trading sessions.

Tue, 12 May 2020 11:36:04 GMT

EUR/HUF 1H Chart: Some downside potential could prevail

The Euro has been depreciating gradually against the Hungarian Forint since the beginning of April. The EUR/HUF currency pair has already declined below 355.00.

Tue, 12 May 2020 11:26:27 GMT

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

The EUR/PLN currency pair has been trading within a rising wedge pattern since the middle of April.

Tue, 12 May 2020 05:31:04 GMT

GBP/CAD 4H: Could still edge lower

The Pound Sterling has declined by 409 pips or 2.32% against the Canadian Dollar since last week's trading sessions. The currency pair breached the 50-, 100– and 200– period SMAs last week.

Tue, 12 May 2020 05:29:38 GMT

GBP/AUD 4H Chart: Likely to maintain channel

The British Pound has declined by 580 pips or 2.97% against the Australian Dollar since last week's trading sessions. The currency pair was pressured lower by the 100– period simple moving average.

Mon, 11 May 2020 11:01:48 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 April. The rate has already declined below the 3.5500 level.

Mon, 11 May 2020 10:51:04 GMT

USD/MXN 1H Chart: Downside potential could prevail

The USD/MXN currency pair has been trading within a descending triangle pattern since the end of April. The pair pierced the lower pattern line at 23.66 and resumed to trade within the given pattern.

Mon, 11 May 2020 05:35:11 GMT

EUR/CAD 4H: Sell signals

The single European currency edged lower by 403 pips or 2.60% against the Canadian Dollar during last week's trading sessions. The currency pair breached the 50-, 100– and 200– period SMAs last week.

Mon, 11 May 2020 05:32:29 GMT

EUR/AUD 4H Chart: Decline likely to continue

The Eurozone single currency declined by 619 pips or 3.61% against the Australian Dollar during last week's trading sessions. The currency pair breached the 50– and 100– period simple moving average during this period.

Fri, 08 May 2020 12:47:43 GMT

TRY/JPY 1H Chart: Bears could continue to prevail

The Turkish Lira maintained its depreciation against the Japanese Yen. The TRY/JPY exchange rate has already tumbled below 15.50.

Fri, 08 May 2020 12:38:06 GMT

SGD/JPY 1H Chart: Falling wedge pattern in sight

The SGD/JPY currency pair has been trading within a falling wedge pattern since the beginning of April. The pair has already declined below 75.50.

Fri, 08 May 2020 05:52:16 GMT

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

The UK100, which measures the best 100 performing shares from the London Stock Exchange, has edged higher by 5.39% since this week's trading sessions. The index was guided higher by the 50– and 100– period SMAs.

Fri, 08 May 2020 05:50:01 GMT

DOLLAR.IDX/USD 4H Chart: Tests support cluster

The dollar index, which measures the US Dollar against a basket of major currencies, has surged by 132 pips or 1.33% since this week's trading sessions. The currency pair breached the 200– period simple moving average at 100.23 on Thursday.

Thu, 07 May 2020 11:45:43 GMT

USD/RUB 1H Chart: Two scenarios likely

The USD/RUB exchange rate has been trading within a descending triangle pattern since the end of March.

Thu, 07 May 2020 11:33:28 GMT

EUR/RUB 1H Chart: Downside potential could prevail

The EUR/RUB currency pair has been trading within a descending channel since the end of April.

Thu, 07 May 2020 05:10:22 GMT

NZD/JPY 4H Chart: Sell signals

The New Zealand Dollar has declined by 202 pips or 3.07% against the Japanese Yen since May 1. The currency pair breached the 50-, 100– and 200– period SMAs during this period.

Thu, 07 May 2020 05:07:13 GMT

NZD/CAD 4H Chart: Tests 100– period SMA

The New Zealand Dollar has surged by 144 pips or 1.72% against the Canadian Dollar since April 23. The currency pair was guided by the 100– period simple moving average.

Wed, 06 May 2020 10:38:12 GMT

CAD/JPY 1H Chart: Short-term decline expected

The CAD/JPY exchange rate has been trading within a symmetrical triangle pattern since the end of April.

Wed, 06 May 2020 10:24:31 GMT

AUD/CAD 1H Chart: Some downside potential could prevail

The AUD/CAD currency pair has been trading within a descending channel since the end of April.

Wed, 06 May 2020 05:14:31 GMT

EUR/GBP 4H: Could edge higher

The common European currency has been trading between the range of 0.8836/0.8686 against the British Pound since the beginning of April.

Wed, 06 May 2020 05:12:34 GMT

USD/CHF 4H Chart: Breakout likely to occur

The US Dollar has surged by 129 pips or 1.34% against the Swiss Franc since May 1. The currency pair breached the 50-, 100– and 200– period SMAs during yesterday's trading session.

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