Trade Pattern-Ideas

Note: This section contains information in English only.
Fri, 20 Dec 2019 14:44:00 GMT

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

The EUR/SGD exchange rate has been volatile since the beginning of December. However, the rate failed to breach the upper trend line located in the 1.5160 area(4H time-frame chart).

Fri, 20 Dec 2019 14:42:03 GMT

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

The EUR/TRY currency pair has been trading upwards since the beginning of December when the pair reversed south from the lower boundary of the rising wedge pattern at 6.3160.

Fri, 20 Dec 2019 06:04:34 GMT

CAD/CHF 4H Chart: Sell signals

The Canadian Dollar has been trading sideways against the Swiss Franc in a descending channel pattern since last week's trading sessions.

Fri, 20 Dec 2019 06:01:28 GMT

CHF/JPY 4H Chart: Bullish run to continue

The Swiss Franc has been trading bullish against the Japanese Yen since the end of November. The currency pair has edged higher by 2.70% in value during this period.

Thu, 19 Dec 2019 14:00:54 GMT

EUR/SEK 1H Chart: Two scenarios likely

The EUR/SEK currency pair continued to trade within the falling wedge pattern, which was formed at the beginning of November.

Thu, 19 Dec 2019 13:59:34 GMT

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

The US Dollar has been depreciating against the Swedish Krone since the beginning of November. This movement has been bounded within the falling wedge pattern.

Thu, 19 Dec 2019 06:45:46 GMT

NZD/CAD 4H Chart: Bulls likely to prevail

The New Zealand Dollar has been edging higher against the Canadian Dollar in an ascending channel pattern since the end of October. The currency pair has appreciated about 5.09% in value during this period.

Thu, 19 Dec 2019 06:43:41 GMT

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

The New Zealand Dollar has been trading in an ascending channel pattern against the Japanese Yen since the beginning of the fourth quarter. The currency pair has surged by 8.42% in value during this period.

Wed, 18 Dec 2019 11:58:44 GMT

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

The Turkish Lira has been depreciating against the Japanese Yen since the beginning of December after the TRY/JPY currency pair failed to surpass the psychological level at 19.20.

Wed, 18 Dec 2019 11:57:19 GMT

CAD/JPY 1H Chart: Bulls likely to prevail

The Canadian Dollar has been appreciating against the Japanese Yen since he beginning of December after the CAD/JPY currency pair reversed north from the upper boundary of the long-term ascending channel at 81.80.

Wed, 18 Dec 2019 06:25:52 GMT

EUR/CHF 4H Chart: Could still edge lower

The common European currency has depreciated by 1.09% in value against the Swiss Franc since last week's trading sessions. The currency pair breached the 50-, 100– and 200– hour SMAs during this period.

Wed, 18 Dec 2019 06:24:04 GMT

AUD/CAD 4H Chart: Sell signals

During the past week, the Australian Dollar has depreciated by 1.48% in value against the Canadian Dollar. The currency pair tested the lower boundary of an ascending channel pattern at 0.9010 during yesterday's trading session.

Tue, 17 Dec 2019 12:27:48 GMT

ZAR/JPY 1H Chart: Medium-term channel in sight

The South African Rand has been appreciating against the Japanese Yen since the beginning of November. This movement has been bounded within the ascending channel.

Tue, 17 Dec 2019 12:24:59 GMT

NZD/JPY 1H Chart: Two scenarios likely

The New Zealand Dollar has been appreciating against the Japanese Yen since the middle of November after the NZD/JPY currency pair reversed north from the 69.00 level.

Tue, 17 Dec 2019 06:39:04 GMT

GBR.IDX/GBP 4H Chart: Could make pullback

During the past week, the UK 100 has appreciated by 5.57% in value. The price breached a swing higher at 7442.2 on December 16. Currently, the pair is trading in a narrow ascending channel pattern.

Tue, 17 Dec 2019 06:37:32 GMT

DOLLAR.IDX/USD 4H Chart: Likely to maintain channel

The dollar index, which measures the US Dollar against a basket of major currencies has been depreciating in a descending channel pattern since the beginning of December. The currency pair has declined by 2.15% in value during this past two weeks.

Mon, 16 Dec 2019 12:15:56 GMT

USD/NOK 1H Chart: Pair is likely to decline

The US Dollar has been depreciating against the Norwegian Krone since the beginning of last week after the USD/NOK exchange rate failed to surpass the resistance level formed by the monthly PP at 9.1780.

Mon, 16 Dec 2019 12:13:30 GMT

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

The Euro has been depreciating against the Norwegian Krone since last Tuesday after the EUR/NOK currency pair failed to exceed the 10.20 level.

Mon, 16 Dec 2019 06:37:34 GMT

EUR/NZD 4H Chart: Pressured by 50– period SMA

The single European currency has been trading in a descending channel pattern against the New Zealand Dollar since the middle of October. The currency pair has depreciated about 4.44% since October 16.

Mon, 16 Dec 2019 06:35:52 GMT

AUD/NZD 4H Chart: Trading in narrow channel

The Australian Dollar has been depreciating in a narrow descending channel pattern against the New Zealand Dollar since the beginning of November. The currency pair has declined by 4.25% in value during this period.

Fri, 13 Dec 2019 15:11:29 GMT

EUR/GBP 1H Chart: Pair might go downwards

The Euro continued to depreciate against the British Pound. The EUR/GBP currency pair has already surpassed the psychological level at 0.8400.

Fri, 13 Dec 2019 15:10:10 GMT

EUR/CZK 1H Chart: Upside potential could prevail

The Euro has been depreciating against the Czech Koruna since the beginning of November. This movement has been bounded within the falling wedge pattern.

Fri, 13 Dec 2019 06:32:52 GMT

ETH/USD 4H Chart: Could edge lower

The Ethereum cryptocurrency traded sideways against the US Dollar during last week's trading sessions. The currency pair has been trading between the range of 155.6/142.6 zones since December 1.

Fri, 13 Dec 2019 06:30:43 GMT

BTC/USD 4H Chart: Decline likely to continue

The Bitcoin cryptocurrency has depreciated by 7.41% in value against the US Dollar since November 29. The currency pair continued to trade in the descending channel pattern during the past two weeks.

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