Trade Pattern-Ideas

Note: This section contains information in English only.
Fri, 25 Oct 2019 14:20:24 GMT

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

The USD/NOK exchange rate continued to trade within the rising wedge pattern (1D time-frame). Currently, the rate is trading at the 9.1800 mark.

Fri, 25 Oct 2019 14:19:15 GMT

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

The US Dollar has been depreciating against the Swedish Krona since the beginning of October when the USD/SEK currency pair reversed south from the upper boundary of the long-term ascending channel (1D time-frame chart).

Thu, 24 Oct 2019 14:42:00 GMT

AUD/CHF 1H Chart: Monthly trend in sight

The Australian Dollar has been appreciating against Swiss Franc since the beginning of October. This movement has been bounded within the ascending channel.

Thu, 24 Oct 2019 14:39:54 GMT

CHF/SGD 1H Chart: Downside potential could prevail

Since the beginning of October, the Swiss Franc has been depreciating against the Singapore Dollar, while the CHF/SGD exchange rate has been trading down along the upper boundary of the long-term descending channel (4H time-frame chart).

Thu, 24 Oct 2019 05:58:55 GMT

EUR/CHF 4H Chart: Bulls could continue to prevail

The common European currency has been edging higher in an ascending channel pattern against the Swiss Franc since the beginning of October. The currency pair has surged by 1.42% in value since October 10.

Thu, 24 Oct 2019 05:49:52 GMT

AUD/CAD 4H Chart: Could edge lower

The Australian Dollar is gradually edging up against the Canadian Dollar in a junior ascending channel pattern. The currency pair appreciated about 1.27% in value during last week's trading sessions. However, the price was unable to surpass a significant resistance level at 0.9003.

Wed, 23 Oct 2019 15:53:57 GMT

EUR/SEK 1H Chart: Short-rem decline expected

The Euro has been depreciating against the Swedish Krona since the beginning of October when the EUR/SEK exchange rate reversed south from the upper boundary of the rising wedge pattern (1D time-frame chart).

Wed, 23 Oct 2019 15:51:25 GMT

EUR/NOK 1H Chart: Rising wedge pattern in sight

The Euro has been appreciating against the Norwegian Krone since the beginning of October when the EUR/NOK currency pair reversed north from the upper boundary of the ascending wedge pattern.

Wed, 23 Oct 2019 06:00:36 GMT

NZD/JPY 4H Chart: Potential upside reversal

The NZD/JPY currency pair has appreciated about 4.44% in value since the beginning of October. The currency pair tested a psychological resistance level at 70.00 during yesterday's trading session.

Wed, 23 Oct 2019 05:58:44 GMT

CAD/JPY 4H Chart: Expects slight decline

The Canadian Dollar has appreciated about 3.40% in value against the Japanese Yen since October 10. The currency pair tested July 2019 high level at 83.02 during yesterday's trading session.

Tue, 22 Oct 2019 05:46:27 GMT

GBR.IDX/GBP 4H Chart: Faces 55– period SMA

The UK 100 has appreciated about 1.91% in value against the Pound Sterling since October 3.

Tue, 22 Oct 2019 05:43:27 GMT

Dollar.IDX/USD 4H Chart: Short-term advance likely

The dollar index has depreciated about 2.22% in value against the US Dollar since October 1. The currency pair breached August 2019 support level at 97.21 during last week's trading sessions.

Mon, 21 Oct 2019 16:15:09 GMT

EUR/SGD 1H Chart: Ascending triangle pattern in sight

The EUR/SGD currency pair has been trading within the ascending triangle pattern since the end of September.

Mon, 21 Oct 2019 16:13:37 GMT

EUR/TRY 1H Chart: Two scenarios likely

The Euro has been appreciating against the Turkish Lira since the beginning of October when the EUR/TRY currency pair reversed north from the psychological level at 6.1500.

Mon, 21 Oct 2019 06:14:48 GMT

AUD/NZD 4H Chart: Moving towards the 1.0656 mark

The AUD/NZD currency pair appreciated by 1.11% in value during last week's trading sessions. The pair tested the upper boundary of a junior descending channel at 1.0795 on October 17.

Mon, 21 Oct 2019 06:12:37 GMT

EUR/NZD 4H Chart: Potential breakout

The EUR/NZD currency pair has continued to trade within the medium-term ascending channel pattern. The pair tested a resistance cluster formed by the weekly R1 and the monthly R1 at 1.7672 on October 16.

Fri, 18 Oct 2019 05:41:45 GMT

ETH/USD 4H Chart: Decline likely to continue

The Ethereum cryptocurrency has been trading in a descending channel pattern against the US Dollar since the beginning of July when the pair reversed from its upper line at 314.44.

Fri, 18 Oct 2019 05:40:16 GMT

BTC/USD 4H Chart: Targets at 7043.33

The Bitcoin cryptocurrency has been trading between the range of 8849.73/7809.23 against the US Dollar since the end of September. The 50– and 100– period SMAs was providing resistance for the pair at 8292.55 during the morning hours of Friday's session.

Thu, 17 Oct 2019 14:35:37 GMT

TRY/JPY 1H Chart: Two scenarios likely

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

Thu, 17 Oct 2019 14:34:21 GMT

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

The US Dollar has been appreciating against the Turkish Lira since the beginning of October when the USD/TRY currency pair reversed north from the lower boundary of the rising wedge pattern.

Thu, 17 Oct 2019 05:55:17 GMT

GBP/JPY 4H Chart: Two scenarios likely

Bullish impulse has dominated the British Pound against the Japanese Yen since last week's trading sessions. The currency pair has appreciated about 6.60% in value during this period.

Thu, 17 Oct 2019 05:53:09 GMT

AUD/JPY 4H Chart: Upside potential

Upside risks have been dominating the Australian Dollar versus the Japanese Yen since the beginning of October. The currency pair appreciated about 2.74% in value during last week's trading sessions.

Wed, 16 Oct 2019 05:50:23 GMT

LIGHT.CMD/USD 4H Chart: Decline likely to continue

The LIGHT.CMD/USD pair has been trading downwards since the middle of September after the commodity reversed from the upper boundary of a descending channel pattern at 63.39.

Wed, 16 Oct 2019 05:48:35 GMT

BRENT.CMD/USD 4H Chart: Two scenarios likely

The Brent crude oil has been depreciating against the US Dollar since the middle of September after the pair reversed from a psychological resistance level at 70.00 on September 17.

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