Trade Pattern-Ideas

Note: This section contains information in English only.
Tue, 05 Nov 2019 06:54:25 GMT

GBR.IDX/GBP 4H Chart: Bullish momentum to continue

The GBR.IDX/GBP has been trading in a junior ascending channel pattern since the beginning of October. The pair has appreciated about 5.26% in value during this period.

Tue, 05 Nov 2019 06:52:25 GMT

DOLLAR.IDX/USD 4H Chart: Sets for breakout

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 October. The pair has declined about 2.29% in value during this period.

Mon, 04 Nov 2019 11:50:22 GMT

EUR/RUB 1H Chart: Descending channel in sight

The Euro has been depreciating gradually against the Russian Ruble since the beginning of October. This movement has been bounded in the medium-term descending channel.

Mon, 04 Nov 2019 11:36:56 GMT

USD/RUB 1H Chart: Short-term decline expected

The US Dollar has been depreciating against the Russian Ruble since the beginning of October. This movement has been bounded in the medium-term descending channel.

Mon, 04 Nov 2019 06:57:00 GMT

EUR/NZD 4H Chart: Breakout occurs

Bearish momentum has been dominating the common European currency against the New Zealand Dollar since October 16.

Mon, 04 Nov 2019 06:52:37 GMT

AUD/NZD 4H Chart: Decline likely to continue

The Australian Dollar has been appreciating against the New Zealand Dollar since October 24.

Fri, 01 Nov 2019 12:21:08 GMT

USD/THB 1H Chart: Long-term channel in sight

The USD/THB exchange rate has been trading downwards along the lower boundary of the long-term descending channel since August. Currently, the pair is testing the given boundary.

Fri, 01 Nov 2019 12:19:32 GMT

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

The US Dollar has been depreciating against the Singapore Dollar after the USD/SGD currency pair failed to surpass the psychological level at 1.3950. As apparent on the chart, the pair has already surpassed the support level—the Fibonacci 38.20% retracement at 1.3629.

Fri, 01 Nov 2019 06:55:45 GMT

ETH/USD 4H Chart: Near 180.54

The ETH/USD cryptocurrency has appreciated about 23.22% in value since October 23. The exchange rate breached the 50-, 100– and 200– period SMAs during last week's trading sessions.

Fri, 01 Nov 2019 06:54:04 GMT

BTC/USD 4H Chart: Slight downside retracement likely

The Bitcoin cryptocurrency has appreciated about 31.34% in value against the US Dollar during last week's trading sessions. A breakout has occurred through the upper boundary of a descending channel pattern at 9121.9.

Thu, 31 Oct 2019 12:07:01 GMT

GBP/NZD 1H Chart: Bulls could prevail

The British Pound continued to appreciate against the new Zealand Dollar. As apparent on the chart, the GBP/NZD exchange rate has already surpassed the psychological level at 2.0000.

Thu, 31 Oct 2019 12:05:22 GMT

GBP/CHF 1H Chart: Two scenarios likely

The British Pound has been appreciating against the Swiss Franc since the beginning of October when the GBP/CHF currency pair reversed north from the support level—the Fibonacci 23.60% retracement at 1.2210.

Thu, 31 Oct 2019 07:07:24 GMT

GBP/JPY 4H Chart: Buy signals

The British Pound has increased its trading range against the Japanese Yen. The upward movement started on October 9 and had since gained about 7.42% in value.

Thu, 31 Oct 2019 07:05:44 GMT

AUD/JPY 4H Chart: Slight upside move still likely

Upside risks have been dominating the Australian Dollar against the Japanese Yen since October 10 after the currency pair made a U-turn from the lower boundary of an ascending channel pattern at 72.00.

Wed, 30 Oct 2019 06:21:10 GMT

BRENT.CMD/USD 4H Chart: Likely to maintain channel

The Brent crude oil is currently trading in a narrow ascending channel pattern against the US Dollar. The commodity tested the monthly pivot point at 62.11 on October 28.

Wed, 30 Oct 2019 06:19:18 GMT

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

Light crude oil is gradually edging higher against the US Dollar. The commodity breached both the 50-, 100– and 200– hour simple moving averages during this period.

Tue, 29 Oct 2019 12:12:15 GMT

USD/ZAR 1H Chart: Descending triangle pattern in sight

The USD/ZAR currency pair has been trading downwards since the beginning of October when it reversed south from the upper boundary of the descending triangle pattern at 15.40.

Tue, 29 Oct 2019 12:11:11 GMT

USD/PLN 1H Chart: Two scenarios likely

The US Dollar has been depreciating against the Polish Zloty since the beginning of October. As apparent on the chart, the USD/PLN exchange rate is trading at the 3.8540 level.

Tue, 29 Oct 2019 07:27:07 GMT

GBP/CAD 4H Chart: Slight decline expected

The British Pound has appreciated by about 4.72% in value against the Canadian Dollar since October 10. The currency pair breached May 31 high level at 1.7093 during last week's trading sessions.

Tue, 29 Oct 2019 07:25:22 GMT

GBP/AUD 4H Chart: Brief retracement likely

The Pound Sterling has been appreciating in an ascending channel pattern against the Australian Dollar. The surge began after the currency pair reversed from its lower boundary at 1.8100 on October 10.

Mon, 28 Oct 2019 15:20:45 GMT

HKD/JPY 1H Chart: Rising wedge pattern in sight

The Hong Kong Dollar has been appreciating against the Japanese Yen since the beginning of September. This movement has been bounded in the rising wedge pattern.

Mon, 28 Oct 2019 15:19:22 GMT

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

The South African Rand has been appreciating against the Japanese Yen since the beginning of August when the ZAR/JPY currency pair reversed north from the lower boundary of the long-term descending channel at 6.80 (1D time-frame chart).

Mon, 28 Oct 2019 06:45:21 GMT

EUR/CAD 4H Chart: Decline could continue

The Eurozone single currency has depreciated about 1.43% in value against the Canadian Dollar since October 11. The currency pair breached the 50-, 100– and 200– SMAs during this period.

Mon, 28 Oct 2019 06:43:22 GMT

EUR/AUD 4H Chart: Tests 200-period SMA

The European single currency has depreciated about 1.07% in value against the Australian Dollar since October 16. The decline was stopped by a support level formed by the 200– period simple moving average at 1.6232 during Friday's trading session.

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