Trade Pattern-Ideas

Note: This section contains information in English only.
Tue, 25 Feb 2020 10:47:27 GMT

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

The HKD/JPY exchange rate continued to trade upwards, followed by the ascending trend line. Currently, the rate is trading near 14.20.

Tue, 25 Feb 2020 10:46:02 GMT

ZAR/JPY 1H Chart: Bears could prevail

During the first three weeks of February, the ZAR/JPY currency pair consolidated within the symmetrical triangle pattern. During today's morning, the pair broke lower pattern line at 7.30.

Tue, 25 Feb 2020 05:59:43 GMT

EUR/GBP 4H Chart: Potential breakout

Since the beginning of February, the common European currency has declined by 2.81% in value against the British Pound. The currency pair tested December swing low at 0.8285 on February 18.

Tue, 25 Feb 2020 05:57:12 GMT

USD/CHF 4H Chart: Likely to maintain channel

The US Dollar has been edging higher in a junior ascending channel against the Swiss Franc since the beginning of February. The currency pair has surged by 2.25% in value during this period.

Mon, 24 Feb 2020 12:24:11 GMT

AUD/CHF 1H Chart: Two scenarios likely

The AUD/CHF exchange rate has been trading upwards within the ascending channel since the beginning of February. Currently, the rate is testing the lower channel line at 0.6460.

Mon, 24 Feb 2020 12:22:57 GMT

NZD/CHF 1H Chart: Medium-term trend in sight

The New Zealand Dollar has been depreciating against the Swiss Franc since the end of December. This movement has been bounded within the descending channel.

Mon, 24 Feb 2020 06:21:57 GMT

EUR/NZD 4H Chart: Two scenarios likely

The single European currency has been gaining strength against the New Zealand Dollar since February 13. The currency pair appreciated by 2.18% in value during this period.

Mon, 24 Feb 2020 06:18:39 GMT

AUD/NZD 4H Chart: Likely to maintain channel

The Australian Dollar has been gradually edging higher in an ascending channel pattern against the New Zealand Dollar since last week's trading sessions. The currency pair tested the upper boundary of the channel pattern at 1.0505 on February 11.

Fri, 21 Feb 2020 15:08:43 GMT

EUR/SEK 1H Chart: Two scenarios likely

The EUR/SEK exchange rate has been trading downwards since the beginning of February when it failed to exceed the 10.70 level. Currently, the rate is trading at 10.56.

Fri, 21 Feb 2020 15:07:35 GMT

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

The USD/SEK currency pair continued to trade within the rising wedge pattern (4H time-frame chart). As apparent on the chart, the pair has already exceeded the 9.6900 level.

Fri, 21 Feb 2020 06:51:20 GMT

ETH/USD 4H Chart: Bullish momentum to continue

The Ethereum cryptocurrency has been trading bullish against the US Dollar since the beginning of February. The exchange rate has surged by 57.28% in value during this period.

Fri, 21 Feb 2020 06:49:49 GMT

BTC/USD 4H Chart: Two scenarios likely

The Bitcoin cryptocurrency has declined by 10.14% in value against the US Dollar since last week's trading sessions. The decline began after the currency pair tested the $10500 mark on February 12.

Thu, 20 Feb 2020 14:55:07 GMT

USD/NOK 1H Chart: Bulls could prevail

The US Dollar has been appreciating against the Norwegian Krone since the beginning of February within the ascending channel.

Thu, 20 Feb 2020 14:53:01 GMT

EUR/NOK 1H Chart: Two scenarios likely

The Euro has been depreciating against the Norwegian Krone since the beginning of February. This movement has been bounded within the falling wedge pattern.

Thu, 20 Feb 2020 06:07:14 GMT

GBP/JPY 4H Chart: Tests weekly R1

The British Pound has surged by 2.22% in value against the Japanese Yen since the beginning of February. The currency pair breached the 50-, 100– and 200– hour SMAs during this period.

Thu, 20 Feb 2020 06:05:19 GMT

AUD/JPY 4H Chart: Target at 75.55

Since the beginning of February, the Australian Dollar has surged by 2.58% in value against the Japanese Yen. The currency pair tested the 200– period simple moving average on February 19.

Wed, 19 Feb 2020 13:10:28 GMT

EUR/CZK 1H Chart: Two scenarios likely

The Euro has been depreciating against the Czech Koruna since the end of January within the falling wedge pattern.

Wed, 19 Feb 2020 13:08:51 GMT

EUR/TRY 1H Chart: Long-term rising wedge in sight

The EUR/TRY exchange rate has been trading downwards since the beginning of February after it failed to surpass the 6.6400 level.

Wed, 19 Feb 2020 06:31:30 GMT

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

The light crude oil is gradually edging up against the US Dollar. The pair breached the 50– and 100– period SMAs and the upper boundary of a descending channel pattern at 51.57 during yesterday's trading session.

Wed, 19 Feb 2020 06:30:03 GMT

BRENT.CMD/USD 4H Chart: breaks channel pattern

During last week's trading sessions, the Brent crude oil edged higher by 9.65% in value against the US Dollar. The pair breached the upper boundary of a descending channel pattern on February 18.

Tue, 18 Feb 2020 15:04:23 GMT

USD/PLN 1H Chart: Bulls could prevail

The US Dollar has been appreciating against the Polish Zloty since the middle of January after the USD/PLN exchange rate failed to decline below 3.7800.

Tue, 18 Feb 2020 15:02:24 GMT

USD/TRY 1H Chart: Two scenarios likely

The USD/TRY currency pair has been trading witin the rising wedge pattern since the beginning of January. As apparent on the chart, the pair has already surpassed the 6.0000 level.

Tue, 18 Feb 2020 06:19:45 GMT

GBP/CAD 4H Chart: Sets for breakout

The British Pound has been depreciating against the Canadian Dollar since the beginning of February after the currency pair reversed from the upper boundary of a triangle pattern at 1.7454 on February 3.

Tue, 18 Feb 2020 06:18:18 GMT

GBP/AUD 4H Chart: Could edge higher

The Pound Sterling has declined by 2.63% in value against the Australian Dollar since February 3. The currency pair tested the 100– period simple moving average at 1.9202 during last week's trading sessions.

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