Trade Pattern-Ideas

Note: This section contains information in English only.
Mon, 17 Feb 2020 12:21:51 GMT

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

The EUR/SGD currency pair has been trading downwards since the beginning of February after it reversed south from the upper boundary of the long-term descending channel.

Mon, 17 Feb 2020 12:18:11 GMT

AUD/SGD 1H Chart: Short-term increase expected

The Australian Dollar has been appreciating against the Singapore Dollar since the beginning of February after the AUD/SGD exchange rate reversed north from the lower boundary of the long-term descending channel.

Mon, 17 Feb 2020 06:05:35 GMT

EUR/CAD 4H Chart: Pressured by 200– period SMA

The common European currency has declined by 2.49% in value against the Canadian Dollar since the beginning of February. The decline began after the currency pair tested the 200– period simple moving average at 1.4714 on February 3.

Mon, 17 Feb 2020 06:04:05 GMT

EUR/AUD 4H Chart: Decline likely to continue

Since the beginning of February, the single European currency has depreciated by 3.07% in value against the Australian Dollar. The currency pair breached the 50-, 100– and 200– period SMAs during this period.

Fri, 14 Feb 2020 06:17:24 GMT

CAD/CHF 4H Chart: Could make slight upward movement

The Canadian Dollar has edged higher by 137 pips or 1.89% in value against the Swiss Franc since last week's trading sessions. The currency pair tested the 200– period simple moving average at 0.7391 during the morning hours of today's session.

Fri, 14 Feb 2020 06:15:44 GMT

CHF/JPY 4H Chart: Breaches channel pattern

During the past week, the Swiss Franc declined by 101 pips or 0.90% in value against the Japanese Yen. The currency pair tested the lower boundary of an ascending channel pattern at 112.08 on February 13.

Thu, 13 Feb 2020 06:51:19 GMT

GBR.IDX/GBP 4H Chart: Could edge lower

The UK100 index, which measures the best 100 performing stocks from the London Stock Exchange, has surged by 4.29% in value since the beginning of February.

Thu, 13 Feb 2020 06:49:43 GMT

DOLLAR.IDX/USD 4H Chart: Hits 4-month high

The dollar index, which measures the US Dollar against a basket of major currencies, has edged higher by 1.78% in value since the beginning of February.

Wed, 12 Feb 2020 14:49:24 GMT

EUR/HUF 1H Chart: Two scenarios likely

The EUR/HUF exchange rate has been trading upwards since the beginning of January when it reversed north from the ascending trend line at 330.00. As apparent on the chart, the rate has already surpassed 339.00.

Wed, 12 Feb 2020 14:42:58 GMT

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

The EUR/PLN currency pair has been trading within the descending channel since the beginning of November. As apparent on the chart, the pair reversed from the lower channel line at the beginning of February.

Wed, 12 Feb 2020 06:19:46 GMT

NZD/JPY 4H Chart: Tests resistance cluster

The New Zealand Dollar has continued to edge lower against the Japanese Yen. The currency pair declined by 1.83% in value during last week's trading sessions.

Wed, 12 Feb 2020 06:18:10 GMT

NZD/CAD 4H Chart: Bullish signals

During last week's trading sessions, the New Zealand Dollar declined by 1.65% in value against the Canadian Dollar. The currency pair was pressured south by the 50– and 100– hour SMAs.

Tue, 11 Feb 2020 15:02:33 GMT

XAG/USD 1H Chart: Descending channel in sight

Silver has been depreciating against the US Dollar since the end of January. This movement has been bounded within the descending channel.

Tue, 11 Feb 2020 15:00:37 GMT

USD/ZAR 1H Chart: Bears could prevail

The USD/ZAR exchange rate has been trading upwards since the beginning of January after the rate reversed north from the Fibonacci 38.20% retracement at 14.06.

Tue, 11 Feb 2020 06:13:59 GMT

EUR/GBP 4H Chart: Bearish signals

The single European currency has continued to trade downward against the British Pound. The currency pair has declined by 1.72% in value since the middle of January.

Tue, 11 Feb 2020 06:12:22 GMT

USD/CHF 4H Chart: Breakout occurs

The US Dollar has appreciated by 1.62% in value against Swiss Franc since the end of January. A breakout occurred through the upper boundary of a junior descending channel pattern during last week's trading sessions.

Mon, 10 Feb 2020 14:02:07 GMT

EUR/DKK 1H Chart: Rate consolidated at 7.4730

The EUR/DKK exchange rate has been consolidating in the 7.4730 area since the middle of January.

Mon, 10 Feb 2020 14:00:27 GMT

USD/DKK 1H Chart: Bulls could prevail

The US Dollar has been appreciating against the Danish Krone since the beginning of January. This movement has been bounded within the ascending channel.

Mon, 10 Feb 2020 06:14:59 GMT

EUR/NZD 4H Chart: Bullish momentum likely to continue

The common European currency has surged by 2.94% in value against the New Zealand Dollar since January 24. The 50– hour simple moving average has guided the currency pair higher during this period.

Mon, 10 Feb 2020 06:13:11 GMT

AUD/NZD 4H Chart: Breakout occurs

The Australian Dollar has surged by 1.44% in value against the New Zealand Dollar since January 27. A breakout occurred through the upper boundary of a descending channel pattern during the morning hours of Monday's trading session.

Fri, 07 Feb 2020 15:37:39 GMT

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

The USD/ILS exchange rate continued to decline within the falling wedge pattern (4H time-frame chart). Currently, the rate is testing the lower pattern line.

Fri, 07 Feb 2020 15:35:27 GMT

USD/MXN 1H Chart: Two scenarios likely

The USD/MXN currency pair has been trading downwards within the descending channel since the middle of January. Currently, the pair is trading at the 18.70 level.

Thu, 06 Feb 2020 12:59:31 GMT

SGD/JPY 1H Chart: Downside potential could prevail

The Singapore Dollar has been depreciating against the Japanese Yen since the middle of January after the SGD/JPY currency pair failed to exceed the 82.00 level. Currently, the pair is trading in the 79.50 area.

Thu, 06 Feb 2020 12:57:58 GMT

USD/SGD 1H Chart: Short-term increase expected

The US Dollar has been appreciating against the Singapore Dollar since the middle of January after the USD/SGD currency pair reversed north from the 1.3540 level. As apparent on the chart, the pair has already surpassed the 1.3800 level.

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