Trade Pattern-Ideas

Note: This section contains information in English only.
Wed, 15 Apr 2020 05:44:23 GMT

GBP/CAD 4H: Likely to maintain channel

The British Pound has been edging higher in a junior ascending channel pattern against the Canadian Dollar since the end of March.

Wed, 15 Apr 2020 05:42:21 GMT

GBP/AUD 4H Chart: Tests 1.9600

Since the beginning of April, the Pound Sterling has declined by 4.98% against the Australian Dollar. The currency pair tested the lower boundary of an ascending channel pattern at 1.9549 on Tuesday.

Tue, 14 Apr 2020 10:49:29 GMT

USD/ZAR 1H Chart: Two scenarios likely

The USD/ZAR currency pair traded upwards during March. However, the pair failed to exceed the 19.50 level.

Tue, 14 Apr 2020 10:40:46 GMT

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

Silver has been appreciating against the US Dollar within a rising wedge pattern since the end of March.

Tue, 14 Apr 2020 05:39:22 GMT

EUR/CAD 4H: Could edge lower

Downside risks have dominated the single European currency against the Canadian Dollar since March 20. The currency pair was guided by a descending channel pattern.

Tue, 14 Apr 2020 05:37:29 GMT

EUR/AUD 4H Chart: Decline likely to continue

The common European currency has been declining in a descending channel pattern against the Australian Dollar since the middle of March. The currency pair breached the 50-, 100– and 200– hour SMAs during this period.

Thu, 09 Apr 2020 10:13:34 GMT

EUR/HUF 1H Chart: Downside potential could prevail

At the beginning of April, the EUR/HUF exchange rate reversed south from the 368.00 level.

Thu, 09 Apr 2020 09:59:43 GMT

EUR/PLN 1H Chart: Bears could prevail

The EUR/PLN currency pair has been consolidating within the descending triangle pattern since the end of March.

Thu, 09 Apr 2020 04:58:20 GMT

DOLLAR.IDX/USD 4H: Decline could continue

The dollar index, which measures the US Dollar against a basket of major currencies, has declined by 5.17% since the middle of March. The exchange rate tested the 200– period simple moving average on April 1.

Thu, 09 Apr 2020 04:56:39 GMT

GBR.IDX/GBP 4H Chart: Breakout occurs

The UK100, which measures the best 100 performing shares from the London Stock Exchange, has been trading sideways since the end of March. The 100– period simple moving average provided support for the pair during this period.

Wed, 08 Apr 2020 12:36:57 GMT

EUR/DKK 1H Chart: Bears could prevail

The EUR/DKK currency pair has been trading downwards within a descending channel since the middle of March.

Wed, 08 Apr 2020 11:28:19 GMT

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

The USD/DKK currency pair has been trading upwards within a rising wedge pattern since the beginning of March.

Wed, 08 Apr 2020 05:06:16 GMT

NZD/JPY 4H: Remains near 66.00

Since March 20, the New Zealand Dollar has surged by 8.56% against the Japanese Yen. The currency pair breached the 50– and 100– period SMAs during this week's trading sessions.

Wed, 08 Apr 2020 05:04:32 GMT

NZD/CAD 4H Chart: Sets for breakout

The New Zealand Dollar has been edging higher in an ascending channel pattern against the Canadian Dollar since the middle of March. The currency pair tested the 0.8550 area during last week's trading sessions.

Tue, 07 Apr 2020 12:57:09 GMT

USD/MXN 1H Chart: Two scenarios likely

The USD/MXN currency pair has been trading within a rising wedge pattern since the end of March. As apparent on the chart, the pair has broken the lower pattern line today.

Tue, 07 Apr 2020 12:14:37 GMT

USD/ILS 1H Chart: Bears likely to prevail

The USD/ILS currency pair has been trading within a descending channel since the end of March. Currently, the pair is trading in the 3.6000 area.

Tue, 07 Apr 2020 05:31:21 GMT

EUR/GBP 4H: Decline likely to continue

The Euros has declined by 7.48% against the British Pound since March 18. The currency pair breached the 50-, 100– and 200– period SMAs during the period.

Tue, 07 Apr 2020 05:28:48 GMT

USD/CHF 4H Chart: Could continue to edge higher

The US Dollar has continued to surge against the Swiss Franc. The currency pair edged higher by 3.11% during last week's trading sessions.

Mon, 06 Apr 2020 10:11:21 GMT

SGD/JPY 1H Chart: Bulls could prevail in short run

The Singapore Dollar has been appreciating against the Japanese Yen within the ascending channel since the beginning of March.

Mon, 06 Apr 2020 09:49:10 GMT

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

The Turkish Lira has been depreciating against the Japanese Yen within the descending channel since the beginning of March.

Mon, 06 Apr 2020 05:26:30 GMT

EUR/NZD 4H: Breakout could occur

The common European currency has declined by 6.28% in value against the New Zealand Dollar since the middle of March. The decline began after the currency pair tested the 2.0000 area on March 19.

Mon, 06 Apr 2020 05:24:54 GMT

AUD/NZD 4H Chart: Bulls could prevail

The Australian Dollar has been edging higher against the New Zealand Dollar since the middle of March. The currency pair tested the 200– period simple moving average at 1.0315 during last week's trading sessions.

Fri, 03 Apr 2020 09:56:05 GMT

EUR/RUB 1H Chart: Bears could prevail

During the second half, the EUR/RUB currency pair traded sideways in the rising triangle pattern. Recently, the pair has broken the given pattern south.

Fri, 03 Apr 2020 09:54:54 GMT

USD/RUB 1H Chart: Two scenarios likely

During March, the USD/RUB currency pair skyrocketed to the 82.00 level. Also, the pair has been trading within the falling wedge pattern since the middle of March.

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