Trade Pattern-Ideas

Note: This section contains information in English only.
Fri, 17 Jan 2020 13:02:23 GMT

USD/NOK 1H Chart: Pair supported by SMAs

The USD/NOK exchange rate has been consolidating in the 8.8800 area since the beginning of January.

Fri, 17 Jan 2020 13:01:00 GMT

EUR/NOK 1H Chart: Two scenarios likely

The EUR/NOK currency pair has been appreciating within the rising wedge pattern since the beginning of January.

Fri, 17 Jan 2020 07:09:38 GMT

EUR/GBP 4H Chart: Could edge lower

The common European currency has surged by 1.47% in value against the British Pound since last week's trading sessions. The currency pair tested a resistance cluster at 0.8593 on January 14.

Fri, 17 Jan 2020 07:05:42 GMT

USD/CHF 4H Chart: Decline likely to continue

During the past week, the US Dollar has declined by 1.28% in value against the Swiss Franc. The currency pair was pressured down by the 50– and 100– period SMAs.

Thu, 16 Jan 2020 13:41:21 GMT

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

The EUR/TRY exchange rate continued to trade within the rising wedge pattern (4H time-frame chart). As apparent on the chart, the rate reversed south from the upper pattern line at the beginning of January.

Thu, 16 Jan 2020 13:39:48 GMT

EUR/CZK 1H Chart: Bears likely to prevail

The Euro has been depreciating against the Czech Koruna since the end of December. This movement has been bounded within the descending channel.

Thu, 16 Jan 2020 06:32:49 GMT

NZD/JPY 4H Chart: Buy signals

The New Zealand Dollar has been edging higher against the Japanese Yen since November 15. The currency pair has surged by 2.35% in value since last week's trading sessions.

Thu, 16 Jan 2020 06:30:24 GMT

NZD/CAD 4H Chart: Bounces off support

The New Zealand Dollar has been edging lower in an ascending channel pattern against the Canadian Dollar. The currency pair has declined by 1.94% in value since December 31.

Wed, 15 Jan 2020 14:47:35 GMT

USD/TRY 1H Chart: Short-term advance expected

The USD/TRY currency pair continued to trade upwards within the rising wedge pattern (4H time-frame chart). Currently, the pair is trading at the 5.8800 mark.

Wed, 15 Jan 2020 14:45:53 GMT

XAG/USD 1H Chart: Two scenarios likely

Silver has been appreciating against the Us Dollar since the beginning of December. This movement has been bounded within the medium-term ascending channel.

Wed, 15 Jan 2020 05:16:30 GMT

GBR.IDX/GBP 4H Chart: Buy signals

The UK100, which measures the best 100 performing stocks from the London Stock Exchange, has surged by 6.79% in value since the beginning of December. The pair tested the upper boundary of an ascending channel pattern at 7676.88 on December 27.

Wed, 15 Jan 2020 05:15:00 GMT

Dollar.IDX/USD 4H Chart: Hits six-week low

The dollar index, which measures the US Dollar against a basket of major currencies, has been edging lower in a descending channel pattern since the end of November. The currency pair hit a six-month low at 96.04 during last week's trading sessions.

Tue, 14 Jan 2020 12:35:39 GMT

EUR/HUF 1H Chart: Bulls could prevail

The EUR/HUF exchange rate continued to trade within the rising wedge pattern. As apparent on the chart, the rate reversed north from the lower pattern line at the beginning of January.

Tue, 14 Jan 2020 12:31:18 GMT

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

The Euro has been depreciating against the Polish Zloty since the beginning of December. The EUR/USD currency pair has already declined below 4.2500.

Mon, 13 Jan 2020 10:15:51 GMT

USD/ZAR 1H Chart: Two scenarios likely

The US Dollar has been depreciating against the South African Rand since the beginning of January. This movement has been bounded within the medium-term descending channel.

Mon, 13 Jan 2020 10:02:11 GMT

USD/PLN 1H Chart: Medium-term channel in sight

The US Dollar has been depreciating against the Polish Zloty since the beginning of December. This movement has been bounded within the medium-term descending channel.

Mon, 13 Jan 2020 06:22:16 GMT

EUR/NZD 4H Chart: Could continue to edge lower

The common European currency has been trading in a narrow descending channel pattern against the New Zealand Dollar since the middle of October. The currency pair tested the monthly pivot point at 1.6808.

Mon, 13 Jan 2020 06:20:02 GMT

AUD/NZD 4H Chart: Two scenarios likely

The Australian Dollar has continued to trade in a narrow descending channel pattern against the New Zealand Dollar. The currency pair declined by 125 basis points during last week's trading sessions.

Fri, 10 Jan 2020 16:53:29 GMT

EUR/DKK 1H Chart: Bulls could prevail

The EUR/DKK exchange rate has been trading sideways between the 7.4700 and 7.4740 levels since the beginning of November.

Fri, 10 Jan 2020 16:51:37 GMT

USD/DKK 1H Chart: Two scenarios likely

The USD/DKK currency pair continued to trade downwards within the long-term descending channel (4H time-frame chart). Currently, the pair is trading at the 6.7250 mark.

Fri, 10 Jan 2020 06:03:08 GMT

ETH/USD 4H Chart: Approaching support cluster

Since January 3, the ETH/USD exchange rate has appreciated by 17.32% in value. The surge began after the pair reversed from the lower boundary of a junior ascending channel pattern at 127.21.

Fri, 10 Jan 2020 06:00:43 GMT

BTC/USD 4H Chart: Likely to make brief retracement

The Bitcoin cryptocurrency has appreciated by 21.70% in value against the US Dollar since the beginning of January. The exchange rate tested the upper boundary of an ascending channel pattern at 8496.3 on January 10.

Thu, 09 Jan 2020 12:15:16 GMT

AUD/SGD 1H Chart: Medium-term channel in sight

The Australian Dollar has been depreciating against the Singapore Dollar since the beginning of January after the AUD/SGD exchange rate reversed south from the upper boundary of the medium-term ascending channel.

Thu, 09 Jan 2020 12:13:42 GMT

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

The Singapore Dollar has been appreciating against the Japanese Yen since the beginning of January after the SGD/JPY currency pair reversed north from the upper boundary of the medium-term ascending channel.

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