Trade Pattern-Ideas

Note: This section contains information in English only.
Tue, 05 May 2020 10:56:33 GMT

USD/SGD 1H Chart: Downside potential could prevail

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

Tue, 05 May 2020 10:45:45 GMT

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

The CHF/SGD currency pair has been trading within a falling wedge pattern since the beginning of March.

Tue, 05 May 2020 05:11:49 GMT

EUR/NZD 4H: Likely to maintain channel pattern

The common European currency surged by 554 pips or 3.14% against the New Zealand Dollar during last week's trading sessions. The currency pair tested the upper boundary of a descending channel pattern at 1.8200 on Friday.

Tue, 05 May 2020 05:10:33 GMT

AUD/NZD 4H Chart: Could continue to edge higher

The Australian Dollar has continued to edge higher in an ascending channel pattern against the New Zealand Dollar. The currency pair surged by 7.17% during the previous month.

Thu, 30 Apr 2020 05:39:12 GMT

GBP/JPY 4H: Breakout occurs

The British Pound has declined by 2.50% against the Japanese Yen since the middle of April. A breakout occurred through the lower boundary of an ascending channel pattern on April 30.

Thu, 30 Apr 2020 05:37:27 GMT

AUD/JPY 4H Chart: Could continue to surge

The Australian Dollar has been trending bullish against the Japanese Yen since the beginning of April. The currency pair has surged by 8.7% during this month's trading sessions.

Wed, 29 Apr 2020 13:36:00 GMT

USD/THB 1H Chart: Two scenarios likely

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

Wed, 29 Apr 2020 13:24:17 GMT

USD/CNH 1H Chart: Ascending channel in sight

The USD/CNH currency pair has been trading upwards within an ascending channel since the beginning of April. Currently, the pair is testing the lower channel line at 7.0800.

Wed, 29 Apr 2020 05:40:07 GMT

LIGHT.CMD/USD 4H: Sell signals

The Light sweet crude oil has declined by 62.13% since April 10. The commodity tested a support level formed by the monthly S1 at 10.01 during yesterday's trading session.

Wed, 29 Apr 2020 05:35:55 GMT

BRENT.CMD/USD 4H Chart: Could target $30 mark

The benchmark for international crude oil price Brent has declined by 53.02% since April 10. The exchange rate tested the lower boundary of a descending channel pattern at 15.85 during last week's trading sessions.

Tue, 28 Apr 2020 12:43:12 GMT

NZD/CAD 1H Chart: Ascending tringle in sight

The NZD/CAD exchange rate has been trading within an ascending triangle pattern since the end of March.

Tue, 28 Apr 2020 12:31:11 GMT

GBP/NZD 1H Chart: Two scenarios likely

The GBP/NZD currency pair has been trading within a descending triangle pattern since the middle of April.

Tue, 28 Apr 2020 10:32:04 GMT

GBP/CAD 4H: Buy signals

A junior ascending channel pattern guided the Pound Sterling against the Canadian Dollar during last week's trading sessions. The currency pair tested the bottom border of the junior channel on April 24.

Tue, 28 Apr 2020 05:26:31 GMT

GBP/AUD 4H Chart: Decline likely to continue

The British Pound has declined by 6.69% against the Australian Dollar since the beginning of April. A breakout occurred through the lower boundary of an ascending channel pattern during last week's trading sessions.

Mon, 27 Apr 2020 10:19:11 GMT

AUD/CHF 1H Chart: Ascending channel in sight

The AUD/CHF exchange rate has been trading within an ascending channel since the end of March. The rate has already exceeded the 0.6200 mark.

Mon, 27 Apr 2020 10:16:14 GMT

NZD/CHF 1H Chart: Two scenarios likely

The NZD/CHF currency pair has been trading within an ascending channel since the end of March. The pair has already surpassed the 0.5850 level.

Mon, 27 Apr 2020 05:40:37 GMT

EUR/CAD 4H: Two scenarios likely

The Eurozone single currency has edged lower by 2.02% against the Canadian Dollar since last week's trading sessions. The exchange rate was pressured lower by the 200– period simple moving average.

Mon, 27 Apr 2020 05:38:53 GMT

EUR/AUD 4H Chart: Sell signals

The single European currency has declined by 2.87% against the Australian Dollar since last week's trading sessions. The currency pair was pressured lower by the 50– period simple moving average.

Fri, 24 Apr 2020 10:48:53 GMT

HKD/JPY 1H Chart: Two scenarios likely

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

Fri, 24 Apr 2020 10:30:26 GMT

ZAR/JPY 1H Chart: Descending channel in sight

The ZAR/JPY currency pair has been trading downwards within a descending channel since the beginning of March. The pair has already declined below 6.00.

Fri, 24 Apr 2020 05:13:50 GMT

CHF/JPY 4H: Decline likely to continue

The Swiss Franc has declined by 2.26% against the Japanese Yen since April 10. The currency pair was pressured lower by the 50-, 100– and 200– period SMAs during this period.

Fri, 24 Apr 2020 05:09:52 GMT

CAD/CHF 4H Chart: Targets at 0.7100

The Canadian Dollar has surged by 2.55% against the Swiss Franc since the beginning of April. The currency pair tested the lower boundary of an ascending channel pattern at 0.6810 on April 21.

Thu, 23 Apr 2020 11:13:36 GMT

GBP/CHF 1H Chart: Two scenarios likely

The GBP/CHF exchange rate has been trading upwards since the middle of March after it reversed north from the psychological level at 1.1200.

Thu, 23 Apr 2020 11:04:08 GMT

EUR/CHF 1H Chart: Short-term decline expected

The EUR/CHF currency pair has been trading within a descending channel since the beginning of March.

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