Trade Pattern-Ideas

Note: This section contains information in English only.
Tue, 18 Jun 2019 15:43:23 GMT

EUR/CZK 1H Chart: Upside potential

The EUR/CZK exchange rate has been trading since the beginning of June after the rate reversed south from the upper boundary of the long-term descending channel at 25.87.

Tue, 18 Jun 2019 15:41:26 GMT

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

The EUR/HUF currency pair has been trading within the ascending channel since the middle of March. As apparent on the chart, the pair has already reversed north from the lower channel line at 319.83.

Tue, 18 Jun 2019 04:59:37 GMT

GBP/CAD 4H Chart: Set for breakout

The GBP/CAD currency pair traded sideways during last week's trading sessions. The 50-hour simple moving average provided resistance for the exchange rate at 1.6965.

Tue, 18 Jun 2019 04:57:23 GMT

GBP/AUD 4H Chart: Breakout likely to occur

The British Pound appreciated about 1.08% in value against the Australian Dollar during last week's trading sessions. The currency pair tested the upper boundary of a descending channel pattern at 1.8380.

Mon, 17 Jun 2019 12:31:47 GMT

USD/ZAR 1H Chart: Rising wedge in sight

The USD/ZAR exchange rate has been trading within the rising wedge pattern since the beginning of February. As apparent on the chart, the rate has already reversed south from the upper wedge line at 15.15.

Mon, 17 Jun 2019 12:30:23 GMT

USD/MXN 1H Chart: Short-term decrease expected

The USD/MXN currency pair has been trading sideways between the 19.10 level and the Fibonacci 38.20% retracement at 19.21 since last Monday.

Mon, 17 Jun 2019 04:35:24 GMT

EUR/CAD 4H Chart: Could edge higher

After hitting a resistance level formed by the weekly R2 at 1.5136 on June 5, the single European currency has depreciated about 1.04% in value against the Canadian Dollar.

Mon, 17 Jun 2019 04:34:00 GMT

EUR/AUD 4H Chart: Likely to slide down

The common European currency has appreciated about 1.81% in value against the Australian Dollar since the beginning of June. This bullish run has helped the currency pair reached a six-month high at 1.6362.

Fri, 14 Jun 2019 16:21:35 GMT

EUR/SEK 1H Chart: Long-term channel in sight

The European Common Currency has been depreciating against the Swedish Krone since the beginning of May when the exchange rate reversed south from the upper boundary of the long-term ascending channel at 10.83.

Fri, 14 Jun 2019 16:20:16 GMT

USD/SEK 1H Chart: Upside potential

The USD/SEK currency pair has been trading down since end of May after the pair could not surpass the psychological level at the 9.7000 mark.

Fri, 14 Jun 2019 06:13:48 GMT

ETH/USD 4H Chart: Likely to edge lower

The ETH/USD pair has appreciated about 15.24% in value since last week's trading sessions. The cryptocurrency breached the 23.60% Fibonacci retracement level at 264.0.

Fri, 14 Jun 2019 06:12:11 GMT

BTC/USD 4H Chart: Guided by 200-hour SMA

The 200-hour simple moving average is gradually guiding the Bitcoin cryptocurrency up against the US Dollar. The pair reached the 8224.4 area during yesterday's trading session.

Thu, 13 Jun 2019 15:29:32 GMT

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

The TRY/JPY exchange rate has been trading within the descending channel since March. Last week, the rate reversed south from the upper channel line at 19.10.

Thu, 13 Jun 2019 15:27:45 GMT

NZD/JPY 1H Chart: Downside potential

The NZD/JPY currency pair has been trading downwards since the middle of April. As apparent on the chart, the pair has already reached the psychological level at 71.20.

Thu, 13 Jun 2019 05:41:21 GMT

GBP/JPY 4H Chart: Likely to aim for 200-hour SMA

The British Pound has been trading sideways against the Japanese Yen during the past week. However, a breakout occurred through the upper boundary of a descending channel pattern on June 6.

Thu, 13 Jun 2019 05:39:53 GMT

AUD/JPY 4H Chart: Bears market

During the past week, the Australian Dollar has depreciated about 1.64% in value against the Japanese Yen. The currency pair was pressured down by the 50– and 100-hour SMAs.

Wed, 12 Jun 2019 12:39:46 GMT

USD/NOK 1H Chart: Bears likely to prevail

The USD/NOK exchange rate has been trading down since the end of May after it failed to surpass the resistance level located at the 8.7993 mark.

Wed, 12 Jun 2019 12:37:07 GMT

EUR/NOK 1H Chart: Downside potential

The European Common Currency has been depreciating against the Norwegian Krone since the beginning of May. This movement has been bounded in the short-term descending channel.

Wed, 12 Jun 2019 05:30:27 GMT

BRENT.CMD/USD 4H Chart: Decline continues

The BRENT.CMD/USD pair has depreciated about 13% in value since May 29. The crude oil prices tested the bottom border of a medium-term descending channel pattern at 59.56 on June 5.

Wed, 12 Jun 2019 05:28:42 GMT

LIGHT.CMD/USD 4H Chart: Pressure by 50-hour SMA

The light crude oil has continued to maintain a downside sentiment against the US Dollar. The pair tested the upper boundary of a junior descending channel pattern at 54.00 on June 10.

Tue, 11 Jun 2019 15:22:39 GMT

USD/RUB 1H Chart: Rising triangle in sight

The USD/RUB currency pair has been trading within the rising triangle pattern since the middle of April.

Tue, 11 Jun 2019 15:21:13 GMT

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

The EUR/RUB currency pair has been trading within the rising triangle pattern since the beginning of April.

Tue, 11 Jun 2019 05:45:10 GMT

GBP/CAD 4H Chart: Moving towards target

The 50-hour simple moving average guided the British Pound lower against the Canadian Dollar during last week's sessions. The currency pair reached near January low at 1.6829 during the early hours of Tuesday's trading session.

Tue, 11 Jun 2019 05:43:41 GMT

GBP/AUD 4H Chart: Breaches 50-hour SMA

The Pound Sterling has been gradually gaining strength against the Australian Dollar. The currency pair gained about 0.77% in value during last week's trading sessions.

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