Trade Pattern-Ideas

Note: This section contains information in English only.
Wed, 29 May 2019 05:55:51 GMT

LIGHT.CMD/USD 4H Chart: Sets for breakout

The Light crude oil prices have depreciated about 9.30% in value against the US Dollar since last week's trading sessions. The pair tested the bottom border of an ascending channel pattern at 57.66 on May 23.

Wed, 29 May 2019 05:53:46 GMT

BRENT.CMD/USD 4H Chart: Trading below $70

The Brent crude oil prices have depreciated about 8.15% against the US Dollar since last week's trading sessions. The pair tested the lower boundary of a junior descending channel pattern at 67.00.

Tue, 28 May 2019 12:29:02 GMT

SGD/JPY 1H Chart: Downside potential

The Singapore Dollar has been depreciating against the Japanese Yen within the descending channel since the beginning of May. The SGD/JPY exchange rate has already surpassed the 80.00 level.

Tue, 28 May 2019 12:26:47 GMT

ZAR/JPY 1H Chart: Symmetrical triangle in sight

The ZAR/JPY currency pair continued to trade down within the symmetrical triangle pattern. As apparent on the chart, the pair has already reached the lower pattern line at 7.50.

Tue, 28 May 2019 05:28:06 GMT

GBP/CAD 4H Chart: Pressure by 50-hour SMA

The GBP/CAD exchange rate made a pullback from the upper boundary of a junior descending channel pattern at 1.7700 on May 6. The pair were closely guided down by the 50-hour simple moving average.

Tue, 28 May 2019 05:25:34 GMT

GBP/AUD 4H Chart: Decline is likely to continue

The GBP/AUD currency pair made a U-turn south from the upper boundary of a junior descending channel pattern at 1.8865 on May 6.

Mon, 27 May 2019 11:25:47 GMT

EUR/TRY 1H Chart: two scenarios likely

The EUR/TRY exchange rate has been trading sideways between the Fibonacci 50.00% retracement at 6.7984 and the monthly R1 at 6.8892 since the beginning of May.

Mon, 27 May 2019 11:23:48 GMT

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

The US Dollar has been appreciating gradually against the Turkish Lira since the beginning of May.

Mon, 27 May 2019 05:32:29 GMT

EUR/CAD 4H Chart: Two scenarios likely

The common European currency has been depreciating against the Canadian Dollar since the middle of May when the currency pair reversed from the monthly resistance level at 1.5144.

Mon, 27 May 2019 05:30:04 GMT

EUR/AUD 4H Chart: Breaches support cluster at 1.6177

The EUR/AUD currency pair has been trading in an upward swing since the middle of April after it reversed north from the lower boundary of a medium-term ascending channel pattern at 1.5712.

Fri, 24 May 2019 14:17:49 GMT

USD/SGD 1H Chart: Upside potential

The US Dollar has been appreciating against the Singapore Dollar since the middle of March when the USD/SGD exchange rate reversed north from the lower boundary of the long-term ascending channel at 1.3472.

Fri, 24 May 2019 14:15:39 GMT

CHF/SGD 1H Chart: Long-term channel in sight

The CHF/SGD currency pair has been trading up since the end of April after it reversed north from the lower boundary of the long-term descending channel at 1.3300.

Fri, 24 May 2019 05:20:47 GMT

ETH/USD 4H Chart: Breaches 50-hour SMA

The Ethereum cryptocurrency depreciated about 12.09% in value against the US Dollar during last week's trading session. The pair breached the 50-hour simple moving average.

Fri, 24 May 2019 05:19:18 GMT

BTC/USD 4H Chart: Likely to edge lower

The Bitcoin cryptocurrency has depreciated about 9.98% in value against the US Dollar since May 17. The currency pair tested the $8500 mark during last week's trading session.

Thu, 23 May 2019 14:29:23 GMT

NZD/CHF 1H Chart: Two scenarios likely

The Swiss Franc has been appreciating against the New Zealand Dollar since the beginning of May within the falling wedge pattern.

Thu, 23 May 2019 14:26:59 GMT

NZD/CAD 1H Chart: Bears likely to prevail

The New Zealand has been depreciating against the Canadian Dollar since the beginning of April. This movement has been bounded in the descending channel.

Thu, 23 May 2019 05:31:24 GMT

AUD/JPY 4H Chart: Decline continues

The Australian Dollar has been depreciating in a descending channel pattern against the Japanese Yen. The channel pattern was formed on April 18 and has guided the currency pair lower.

Thu, 23 May 2019 05:29:38 GMT

GBP/JPY 4H Chart: Sets for breakout

The British Pound has depreciated about 1.52% in value against the Japanese Yen during last week's trading sessions. The currency pair has tested the lower boundary of a descending channel pattern at 139.46.

Wed, 22 May 2019 05:08:27 GMT

BRENT.CMD/USD 4H Chart: Tests support cluster at 71.76

The Brent crude oil prices edged higher by about 4.52% in value during the last week's trading sessions. The pair made a new high on May 20.

Wed, 22 May 2019 05:07:04 GMT

LIGHT.CMD/USD 4H Chart: Targets at 65.50

The Light crude oil edged higher by about 4.48% in value against the US Dollar during last week's trading session. The surge was stopped by the monthly pivot point at 63.44.

Tue, 21 May 2019 10:10:33 GMT

USD/CHF 1H Chart: Downside potential

The Swiss Franc has been appreciating against the US Dollar since the beginning of May when the currency pair reversed south from the upper boundary of the rising wedge pattern.

Tue, 21 May 2019 10:08:13 GMT

XAG/USD 1H Chart: Two scenarios likely

Silver has been depreciating against the US Dollar since the middle of March. This movement has been bounded in the descending channel.

Tue, 21 May 2019 04:49:50 GMT

GBP/CAD 4H Chart: Decline likely to continue

The Great British Pound has depreciated about 2.03% in value against the Canadian Dollar since May 14. The exchange rate has revealed a new narrow descending channel pattern.

Tue, 21 May 2019 04:48:17 GMT

GBP/AUD 4H Chart: Reveals new channel

The Pound Sterling has depreciated about 312 base points against the Australian Dollar since last week trading sessions. The currency pair has revealed a new descending channel pattern.

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