Trade Pattern-Ideas

Note: This section contains information in English only.
Wed, 14 Aug 2019 06:17:52 GMT

CAD/JPY 4H Chart: Could edge up

The Canadian Dollar has depreciated about 4.31% in value against the Japanese Yen since August 1. The currency pair reached an eight-month low at 78.97 on August 7.

Wed, 14 Aug 2019 06:15:10 GMT

NZD/JPY 4H Chart: Tests 50– period SMA

Downside risks have dominated the New Zealand Dollar versus the Japanese Yen during the past two weeks. The currency pair bounced off from a record low at 67.50 at the end of yesterday's trading sessions.

Tue, 13 Aug 2019 05:57:11 GMT

SPY.US/USD 4H Chart: Breaches channel pattern

The S&P 500 has been depreciating against the US Dollar since August 1 when the pair reversed south from a resistance level formed by the weekly R1 at 301.69.

Tue, 13 Aug 2019 05:54:54 GMT

Dollar.IDX/USD 4H Chart: trades flat

The Dollar index has depreciated about 1.47% in value during the past two weeks. The pair has been trading near a significant support level at 97.21 since last week's trading sessions.

Mon, 12 Aug 2019 11:16:39 GMT

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

The Australian Dollar continued to depreciate against the Singapore Dollar within the medium-term descending channel. As apparent on the chart, the AUD/SGD exchange rate reversed north from the lower channel line at 0.9296.

Mon, 12 Aug 2019 11:15:14 GMT

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

The US Dollar has been appreciating against the Singapore Dollar since the beginning of July when the USD/SGD currency pair reversed north from the lower boundary of the long-term ascending channel at 1.3512.

Mon, 12 Aug 2019 05:41:00 GMT

EUR/GBP 4H Chart: Slight upside move still likely

The single European currency reversed from the bottom border of an ascending channel against the British Pound seven weeks ago. As a result, the currency pair had gained about 4.40% in value during this short period.

Mon, 12 Aug 2019 05:37:47 GMT

USD/CHF 4H Chart: Short-term gain expected

The US Dollar has declined about 2.45% in value against the Swiss Franc since August 1. The currency pair reached a seven-week low at 0.9693 on during last week's trading sessions.

Fri, 09 Aug 2019 16:18:59 GMT

EUR/TRY 1H Chart: Bears could prevail in the market

The EUR/TRY exchange rate has been trading within the falling wedge pattern since the beginning of May. As apparent on the chart, the rate is trading near the lower pattern at 6.1200.

Fri, 09 Aug 2019 16:17:31 GMT

USD/TRY 1H Chart: Short-term channel in sight

The US Dollar has been depreciating against the Turkish Lira within the descending channel since the beginning of June.

Fri, 09 Aug 2019 05:56:45 GMT

ETH/USD 4H Chart: Moving towards target

The Ethereum cryptocurrency has been trading in a horizontal channel against the US Dollar since mid-July.

Fri, 09 Aug 2019 05:55:05 GMT

BTC/USD 4H Chart: Bullish sentiment

The Bitcoin cryptocurrency has appreciated about 29.27% in value against the US Dollar since July 29.

Thu, 08 Aug 2019 14:26:14 GMT

EUR/CZK 1H Chart: Reversal south is expected

The Euro has been appreciating against the Czech koruna since the beginning of July when the currency pair reversed north from the lower boundary of the long-term descending channel at 25.42.

Thu, 08 Aug 2019 14:24:44 GMT

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

The EUR/HUF currency pair has been trading upwards since the middle of June after it reversed north from the support level—the Fibonacci 50.00% retracement at 320.26.

Thu, 08 Aug 2019 06:03:13 GMT

GBP/JPY 4H Chart: Targets at 133.19

During the past two weeks, the British Pound has depreciated about 5.10% in value against the Japanese Yen. The currency pair reversed from the upper boundary of a descending channel pattern at 135.00 on July 25.

Thu, 08 Aug 2019 05:59:25 GMT

AUD/JPY 4H Chart: Potential upside reversal

Since July 15, the Australian Dollar has depreciated about 5.71% in value against the Japanese Yen. The 50-day simple moving average provided resistance for the currency pair at 75.72.

Wed, 07 Aug 2019 14:06:48 GMT

SGD/JPY 1H Chart: Bears could prevail

Last week, the SGD/JPY exchange rate breached the long-term descending channel south. Currently, the rate is trading at the 76.50 level.

Wed, 07 Aug 2019 14:04:45 GMT

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

The Euro has been appreciating sharply against the Singapore Dollar since the beginning of August. As apparent on the chart, the EUR/SGD currency pair reached the resistance level—the monthly R3 at 1.5558.

Wed, 07 Aug 2019 05:50:57 GMT

BRENT.CMD/USD 4H Chart: Potential upside reversal likely

International benchmark Brent crude futures has depreciated about 10.32% in value since July 31. The commodity reached an eight-month low at 58.90 during the Asian session on Wednesday.

Wed, 07 Aug 2019 05:47:55 GMT

LIGHT.CMD/USD 4H Chart: Bears markets

The Light crude oil has depreciated about 9.00% in value against the US Dollar since July 31. A breakout occurred through the lower boundary of an ascending channel pattern on August 1.

Tue, 06 Aug 2019 15:36:21 GMT

CHF/SGD 1H Chart: Supported by moving averages

The Swiss Franc has been appreciating significantly against the Singapore Dollar since the beginning of August. However, the CHF/SGD exchange rate was unable to surpass the 1.4250 level.

Tue, 06 Aug 2019 15:33:49 GMT

NZD/CAD 1H Chart: Medium-term channel in sight

The New Zealand Dollar has been depreciating against the Canadian Dollar since the end of July after the NZD/CAD currency pair reversed south from the upper boundary of the medium-term descending channel at 0.8890.

Tue, 06 Aug 2019 06:06:03 GMT

GBP/CAD 4H Chart: Could edge lower

The Pound Sterling has been trading sideways against the Canadian Dollar since July 30. The currency pair has remained near the weekly pivot point at 1.6114 since last week's trading sessions.

Tue, 06 Aug 2019 06:01:21 GMT

GBP/AUD 4H Chart: Surge likely to continue

The British Pound has appreciated about 2.37% in value against the Australian Dollar since July 30. The currency pair tested the 200-hour simple moving average at 1.7944 during yesterday's trading session.

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