Trade Pattern-Ideas

Note: This section contains information in English only.
Mon, 05 Aug 2019 08:18:28 GMT

EUR/AUD 4H Chart: Buy signals

The common European currency versus the Australian reversed from the lower boundary of a dominant ascending channel pattern on July 23. The currency pair has appreciated about 3.15% in value during this time period.

Mon, 05 Aug 2019 08:12:44 GMT

EUR/CAD 4H Chart: Trades in horizontal channel

The single European currency has been trading in a horizontal channel against the Canadian Dollar since the beginning of July. The currency pair bounced off from the bottom border of the horizontal channel at 1.4596 on August 2.

Fri, 02 Aug 2019 11:57:58 GMT

NZD/CHF 1H Chart: Two scenarios likely

The New Zealand Dollar has been depreciating against the Swiss Krone after the NZD/CHF exchange rate reversed south from the upper boundary of the falling wedge pattern at 0.6660.

Fri, 02 Aug 2019 11:56:35 GMT

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

The Australian Dollar has been depreciating against the New Zealand Dollar within the descending trend since the beginning of April. The AUD/USD currency pair has been testing the lower channel line since the middle of July.

Fri, 02 Aug 2019 05:47:56 GMT

CHF/JPY 4H Chart: Could continue to fall

The Swiss Franc has been depreciating against the Japanese Yen during the past one month. The currency pair has declined by about 2.11% in value since July 1. 

Fri, 02 Aug 2019 05:45:14 GMT

CAD/CHF 4H Chart: Breakout occurs

The Canadian Dollar reversed from the upper border of a triangle pattern formation at 0.7606 on July 8. The CAD/CHF currency pair has depreciated about 1.62% in value during this time period.

Thu, 01 Aug 2019 12:30:31 GMT

USD/MXN 1H Chart: Two scenarios likely

The USD/MXN currency pair has been trying to surpass the resistance level formed by the Fibonacci 38.20% retracement at 19.21 since the beginning of June.

Thu, 01 Aug 2019 12:28:58 GMT

XAG/USD 1H Chart: Bears likely to prevail

Last week, the XAG/USD exchange rate tried to breach the long-term ascending channel north. As apparent on the chart, the rate reversed south from the upper channel line at 16.60.

Thu, 01 Aug 2019 05:23:42 GMT

AUD/CAD 4H Chart: Guided by long-term descending channel

The Australian Dollar has been trading in a three-month descending channel pattern against the Canadian Dollar. The channel pattern was formed on April 16 and has been guiding the pair lower during the past three months.

Thu, 01 Aug 2019 05:20:32 GMT

EUR/GBP 4H Chart: Moving towards 50.00% Fibo

The common European currency has appreciated about 3.06% in value since July 25. The currency pair reached August 31, 2018, high level at 0.9191 during this week's trading sessions.

Wed, 31 Jul 2019 13:21:22 GMT

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

The Euro has been appreciating against the Danish Krone since the beginning of July after the EUR/DKK exchange rate reversed north from the lower boundary of the long-term ascending channel at 7.4620.

Wed, 31 Jul 2019 13:19:41 GMT

EUR/CHF 1H Chart: Two scenarios likely

The EUR/CHF currency pair has been trading within the descending channel since the beginning of June. As apparent on the chart, the pair has already surpassed the psychological level at 1.1100.

Wed, 31 Jul 2019 05:46:56 GMT

NZD/JPY 4H Chart: Breakout occurs

The New Zealand Dollar reversed from the upper boundary of a dominant descending channel pattern at 73.29 on July 22. The currency pair has breached both the 50-, 100– and 200-hour SMAs since last week's trading sessions.

Wed, 31 Jul 2019 05:43:58 GMT

CAD/JPY 4H Chart: Likely to maintain channel

The Canadian Dollar has been trading in an ascending channel pattern against the Japanese Yen since June 3. The currency pair has gained about 3.43% in value during this period of time.

Tue, 30 Jul 2019 05:50:34 GMT

SPY.US/USD 4H Chart: Remains near 301.92

The S&P 500 has been appreciating in an ascending channel pattern since the beginning of June. The pair reached the $300 mark during last week's trading sessions.

Tue, 30 Jul 2019 05:46:33 GMT

Dollar.IDX/USD 4H Chart: Could edge lower

The Dollar index has been appreciating in an ascending channel pattern since the end of June when the pair reversed from a support level formed by the lower boundary of the channel pattern at 95.50 on June 26.

Mon, 29 Jul 2019 05:42:14 GMT

USD/CHF 4H Chart: Targets at 1.0050

The US Dollar has been trading in a one-month ascending channel pattern against the Swiss Franc. The currency pair reversed from the lower boundary of the channel pattern at 0.9698 on June 25.

Mon, 29 Jul 2019 05:40:41 GMT

EUR/GBP 4H Chart: Buy signals

The common European currency has been depreciating in a descending channel pattern against the British Pound since July 16. The currency pair bounced off a psychological support level at 0.8900 on July 25.

Fri, 26 Jul 2019 12:37:31 GMT

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

The US Dollar has been appreciating against the Thai Baht since the beginning of July when the USD/THB exchange rate reversed north from the lower boundary of the long-term descending channel at 30.55.

Fri, 26 Jul 2019 12:36:11 GMT

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

The US Dollar has been depreciating against the Israeli Shekel since the end of June after the USD/ILS currency pair reversed south from the upper boundary of the medium-term channel at 3.6255.

Fri, 26 Jul 2019 05:43:15 GMT

GBR.IDX/GBP 4H Chart: Could aim at 7640.2

The GBR.IDX/GBP pair has been appreciating in an ascending channel pattern since the beginning of June. The pair reversed north from the lower boundary of the channel pattern at 7088.8 on June 3.

Fri, 26 Jul 2019 05:40:23 GMT

GER.IDX/EUR 4H Chart: Bounces off support cluster

The DEU.IDX/EUR pair has been trading in a junior ascending channel pattern since June. The pair bounced off the bottom border of the channel pattern at 11616.2 on June 3.

Thu, 25 Jul 2019 10:45:22 GMT

HKD/JPY 1H Chart: Two scenarios likely

The HKD/JPY currency pair has been trading down along the upper boundary of the long-term descending channel since the beginning of July. Currently, the pair is trading near the given line at 13.84.

Thu, 25 Jul 2019 10:43:56 GMT

EUR/HKD 1H Chart: Falling wedge pattern in sight

The Euro has been appreciating against the Honk Kong Dollar since the end of June. This movement has been bounded in the falling wedge pattern.

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