- Mon, 03 Jun 2019 11:53:24 GMT
CHF/JPY 1H Chart: Falling wedge in sight
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)BuySellSell Aggregate⇒⇘⇘ [ANNOUNCE] The Swiss Franc has been appreciating gradually against the Japanese Yen since the beginning of May, when the currency pair reversed north from the lower boundary of the falling wedge pattern at 107.80. [/ANNOUNCE] Currently, the pair is testing the resistance cluster formed by the 55-, 100– and 200-hour SMAs, as well the
- Mon, 03 Jun 2019 05:47:54 GMT
EUR/CAD 4H Chart: Reveals new ascending channel
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE]Since May 27, the single European currency has appreciated about 1.33% in value against the Canadian Dollar. The currency pair tested the 23.60% Fibonacci retracement level at 1.5122.[/ANNOUNCE]Everything being equal, it is likely that the EUR/CAD exchange rate will continue to gain strength within this week's trading sessions. The potential target will be
- Mon, 03 Jun 2019 05:45:28 GMT
EUR/AUD 4H Chart: Potential upside reversal
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellNeutralBuy SAR(0.02;0.2)SellSellSell Aggregate⇘⇒⇒ [ANNOUNCE]During the past week, the common European currency has depreciated 180 base points against the Australian Dollar. The currency pair was near the bottom border of an ascending channel pattern at 1.6089 during the morning hours of Monday's trading session.[/ANNOUNCE]If the support level formed by the lower boundary of the channel pattern holds, a
- Fri, 31 May 2019 10:49:07 GMT
EUR/CHF 1H Chart: Bears likely to prevail
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)BuyNeutralBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellBuySell Aggregate⇘⇒⇘ [ANNOUNCE] The EUR/CHF exchange rate has been going downwards since the middle of May when it reversed from the upper boundary of the long-term descending channel at 1.1440. [/ANNOUNCE] As apparent on chart, the currency pair is trying to surpass the support level formed by the Fibonacci 0.20% retracement at 1.1195. Note, that the
- Fri, 31 May 2019 10:47:37 GMT
EUR/GBP 1H Chart: Upside potential
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralSellNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyNeutral SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE] The Euro has been appreciating against the British Pound since the beginning of May when the currency pair reversed north from the monthly S1 at the 0.8513 mark. [/ANNOUNCE] Currently, the pair is testing the resistance level formed by the monthly R3 at the 0.8872 mark. Given that the exchange rate is pressured
- Thu, 30 May 2019 10:16:25 GMT
CAD/CHF 1H Chart: Short-term decrease expected
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellBuy Aggregate⇘⇘⇒ [ANNOUNCE] The Canadian Dollar has been depreciating against the Swiss Franc after the exchange rate reversed south from the upper boundary of the long-term descending channel at 0.7620. [/ANNOUNCE] Given that the currency pair is pressured by the 55-, 100– and 200-hour SMAs, it is expected, that bears could prevail in the market. Note, that
- Thu, 30 May 2019 10:14:55 GMT
GBP/CHF 1H Chart: Downside potential
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralBuyNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellNeutral SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇒ [ANNOUNCE] The GBP/CHF currency pair has been trading down since the beginning of May when the pair reversed south from the upper boundary of the long-term descending channel at 1.3350. [/ANNOUNCE] Currently, the exchange rate is trying to surpass the support level—the Fibonacci 23.60% retracement at 1.2686. Given that the rate is pressured by the
- Wed, 29 May 2019 11:32:30 GMT
EUR/SGD 1H Chart: Bulls likely to prevail
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE] The EUR/SGD exchange rate has been trading up since the beginning of May. This movement has been bounded in the ascending channel. [/ANNOUNCE] Currently, the rate is testing the lower channel line at the 1.5400 mark. Given that the currency pair is supported by the 55-, 100– and 200-hour SMAs, it is expected,
- Wed, 29 May 2019 11:30:50 GMT
AUD/SGD 1H Chart: Upside potential
Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)SellNeutralNeutral Stochastic(5;3;3)SellSellBuy Alligator(13;8;5)BuySellSell SAR(0.02;0.2)BuyBuyBuy Aggregate⇒⇘⇒ [ANNOUNCE] The Australian Dollar has been depreciating against the Singapore Dollar since the middle of April when the currency pair reversed south from the upper boundary of the medium-term descending channel at 0.9745. [/ANNOUNCE] As apparent on the chart, the pair has already reversed north from the lower channel line at 0.9465. From a theoretical
- Wed, 29 May 2019 05:55:51 GMT
LIGHT.CMD/USD 4H Chart: Sets for breakout
Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellBuy SAR(0.02;0.2)BuySellSell Aggregate⇒⇘⇒ [ANNOUNCE]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.[/ANNOUNCE]The pair was trading near the lower boundary of the channel pattern and could be set for a
- Wed, 29 May 2019 05:53:46 GMT
BRENT.CMD/USD 4H Chart: Trading below $70
Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)NeutralSellBuy SAR(0.02;0.2)BuySellSell Aggregate⇒⇘⇒ [ANNOUNCE]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.[/ANNOUNCE]The BRENT.CMD/USD pair is currently trading near a resistance cluster formed by the combination of the 50-, 100– and 200-hour SMAs at 70.79.If
- Tue, 28 May 2019 12:29:02 GMT
SGD/JPY 1H Chart: Downside potential
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralBuyNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇘ [ANNOUNCE] 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. [/ANNOUNCE] Given that the rate is pressured by the 55-, 100– and 200-hour SMAs, it is likely, that some downside potential could prevail in
- Tue, 28 May 2019 12:26:47 GMT
ZAR/JPY 1H Chart: Symmetrical triangle in sight
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralBuyNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellBuy Aggregate⇘⇘⇒ [ANNOUNCE] 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. [/ANNOUNCE] From a theoretical point of view, it is expected, that a reversal north could occur in the nearest future. The exchange rate should target
- Tue, 28 May 2019 05:28:06 GMT
GBP/CAD 4H Chart: Pressure by 50-hour SMA
Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)BuyNeutralNeutral Alligator(13;8;5)SellSellNeutral SAR(0.02;0.2)BuySellSell Aggregate⇒⇘⇒ [ANNOUNCE]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.[/ANNOUNCE]The currency pair hit a psychological support level at 1.6900 on May 22. The rate made a brief retracement
- Tue, 28 May 2019 05:25:34 GMT
GBP/AUD 4H Chart: Decline is likely to continue
Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralBuyNeutral Alligator(13;8;5)SellSellBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇘⇗ [ANNOUNCE]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.[/ANNOUNCE]As shown on the 4(H) chart, the 50-, 100– and 200-hour simple moving averages are above the price level. Therefore, it is likely that the British Pound could continue its decline against
- Mon, 27 May 2019 11:25:47 GMT
EUR/TRY 1H Chart: two scenarios likely
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇒⇒⇗ [ANNOUNCE] 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. [/ANNOUNCE] If the given resistance and support levels hold, it is expected, that the rate could continue to trade sideways within the following trading sessions. However, note, that
- Mon, 27 May 2019 11:23:48 GMT
USD/TRY 1H Chart: Short-term channel in sight
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇒⇒⇗ [ANNOUNCE] The US Dollar has been appreciating gradually against the Turkish Lira since the beginning of May. [/ANNOUNCE] Currently, the USD/TRY currency pair is testing the lower boundary of the short-term ascending channel at the 6.0500 mark. From a theoretical point of view, it is expected, that a reversal north could occur in the
- Mon, 27 May 2019 05:32:29 GMT
EUR/CAD 4H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyNeutralSell SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇒⇒ [ANNOUNCE]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.[/ANNOUNCE]As apparent on the chart, the exchange rate is trading above a support cluster formed by the 50.00% Fibonacci retracement level and the combination of the
- Mon, 27 May 2019 05:30:04 GMT
EUR/AUD 4H Chart: Breaches support cluster at 1.6177
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)SellBuySell Aggregate⇘⇗⇒ [ANNOUNCE]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.[/ANNOUNCE]The exchange rate breached a support cluster formed by the 50-hour simple moving average and the weekly pivot point at 1.6177 during Friday's
- Fri, 24 May 2019 14:17:49 GMT
USD/SGD 1H Chart: Upside potential
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellNeutral Stochastic(5;3;3)BuyNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇗⇗⇗ [ANNOUNCE] 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. [/ANNOUNCE] As apparent on the chart, the rate has already reached the resistance level formed by the Fibonacci 50.00% retracement at
- Fri, 24 May 2019 14:15:39 GMT
CHF/SGD 1H Chart: Long-term channel in sight
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralSellNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇒⇒ [ANNOUNCE] 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. [/ANNOUNCE] Currently, the pair is testing the upper channel line located circa 1.3760. From a theoretical point of view, it is expected, that a reversal
- Fri, 24 May 2019 05:20:47 GMT
ETH/USD 4H Chart: Breaches 50-hour SMA
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellBuyNeutral SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇗ [ANNOUNCE]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.[/ANNOUNCE]Everything being equal, it is likely that the cryptocurrency could aim for a support cluster formed by the monthly R2 and the 61.80% Fibonacci retracement level at 213.7 during
- Fri, 24 May 2019 05:19:18 GMT
BTC/USD 4H Chart: Likely to edge lower
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇒ [ANNOUNCE]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.[/ANNOUNCE]As for the near future, it is likely that the BTC/USD pair will edge lower during the following trading sessions. The potential downside targets will be near
- Thu, 23 May 2019 14:29:23 GMT
NZD/CHF 1H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)BuyBuyNeutral Stochastic(5;3;3)NeutralBuyBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇒⇘ [ANNOUNCE] The Swiss Franc has been appreciating against the New Zealand Dollar since the beginning of May within the falling wedge pattern. [/ANNOUNCE] Currently, the NZD/CHF currency pair has been trading near the support level—the weekly S1 at 0.6550. From a theoretical perspective, it is expected, that a breakout north should occur within the following