Trade Pattern-Ideas

Note: This section contains information in English only.
Wed, 27 Mar 2019 07:09:52 GMT

BRENT.CMD/USD 4H Chart: Likely to hit $70 mark

The BRENT.CMD/USD pair has been trading in a medium-term ascending channel pattern since the end of December 2018. The pair re-tested the lower boundary of the channel pattern at 66.50 during last week's trading session.

Wed, 27 Mar 2019 07:08:18 GMT

LIGHT.CMD/USD 4H Chart: Will continue to gain strength

The Light crude oil prices have continued to appreciate in a medium-term channel against the US Dollar. The 50-hour simple moving average has pushed the pair towards the $60 mark.

Tue, 26 Mar 2019 11:24:33 GMT

ZAR/JPY 1H Chart: Pressured by 100– and 200-hour SMAs

The ZAR/JPY exchange rate reversed south from the resistance level formed by the Fibonacci 50.00% retracement and reached the lower boundary of the long-term ascending channel at 7.58.

Tue, 26 Mar 2019 11:23:08 GMT

CAD/JPY 1H Chart: Short-term channel in sight

The Canadian Dollar has been depreciating against the Japanese Yen since the beginning of March. This movement has been bounded in the descending channel.

Tue, 26 Mar 2019 07:09:23 GMT

GBP/CAD 4H Chart: Remains near support at 1.7647

The British Pound has appreciated about 2.11% in value against the Canadian Dollar since last week's trading session. The currency pair re-tested June 2018 high level at 1.7789 during Monday's trading session.

Tue, 26 Mar 2019 07:06:41 GMT

GBP/AUD 4H Chart: Awaits Brexit agreement vote

The Pound Sterling has depreciated about 2.31% in value against the Australian Dollar since Tuesday last week. The currency pair reached February 8 support level at 1.8339 during last week's trading session.

Mon, 25 Mar 2019 06:56:30 GMT

EUR/CAD 4H Chart: Long-term targets at 1.5326

The common European currency has appreciated about 1.19% in value against the Canadian Dollar since last week's trading sessions. The 50-hour simple moving average provided support for the pair during Friday's trading session. 

Mon, 25 Mar 2019 06:54:52 GMT

EUR/AUD 4H Chart: Stranded between SMAs

The Eurozone single currency depreciated about 1.13% in value against the Australian Dollar during last week's trading session. The currency pair tested the lower boundary of an ascending channel pattern at 1.5895 during Friday's session.

Fri, 22 Mar 2019 12:11:45 GMT

EUR/CHF 1H Chart: Downside potential

The EUR/CHF currency pair has been testing strong resistance level formed by the Fibonacci 23.60% retracement at 1.1385.

Fri, 22 Mar 2019 12:10:23 GMT

EUR/GBP 1H Chart: Short-term decrease expected

The Euro has been depreciating against the British Pound since the beginning of 2019. This movement has been bounded in the falling wedge pattern.

Fri, 22 Mar 2019 07:23:37 GMT

ETH/USD 4H Chart: Set for breakout

Ethereum cryptocurrency continued to edge higher against the US Dollar since last week. The pair was guided by the 50– hour simple moving average during the previous week's trading session.

Fri, 22 Mar 2019 07:20:21 GMT

BTC/USD 4H Chart: Guided by SMAs

The BTC/USD pair has been trading in a two-month ascending channel pattern. The pair bounced off its lower boundary at 3411.9 on February 8 and had since hit a January high level at 4112.9.

Thu, 21 Mar 2019 13:54:35 GMT

USD/SGD 1H Chart: Downside potential

The USD/SGD currency pair has been testing the lower boundary of the long-term ascending channel located circa 1.3460 since the beginning of February.

Thu, 21 Mar 2019 13:52:42 GMT

XAG/USD 1H Chart: Short-term increase expected

The XAG/USD exchange rate continued to trade within the long-term ascending channel.

Thu, 21 Mar 2019 06:44:17 GMT

GBP/JPY 4H Chart: Set for breakout

The British Pound has maintained a medium-term ascending channel pattern against the Japanese Yen since the beginning of January. This medium-term channel has guided the currency pair near a November high level at 148.58 during this time period.

Thu, 21 Mar 2019 06:41:42 GMT

AUD/JPY 4H Chart: Testing support cluster

The Australian Dollar has revealed a new junior ascending channel pattern against the Japanese Yen. The channel pattern guided the currency pair during last week's trading session.

Wed, 20 Mar 2019 13:48:04 GMT

USD/PLN 1H Chart: Two scenarios likely

The US Dollar has been depreciating against the Polish Zloty since the beginning of March when the exchange rate reversed from the upper boundary of the short-term descending channel at 3.8576.

Wed, 20 Mar 2019 13:45:53 GMT

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

The USD/DKK currency pair has been trading within the ascending channel since the beginning of January.

Wed, 20 Mar 2019 07:07:47 GMT

BRENT.CMD/USD 4H Chart: Aims for $70 mark

The 50-hour simple moving average has guided the BRENT crude oil towards a new 2019 high level at 68.21 during the last week. The pair appreciated about 3.05% in values during this period.

Wed, 20 Mar 2019 07:04:41 GMT

LIGHT.CMD/USD 4H Chart: Remains near 59.65

The LIGHT.CMD/USD pair has appreciated about 4.73% since last week's trading session. A resistance level formed by the weekly R1 at 59.64 stop the surge during the previous session.

Tue, 19 Mar 2019 11:25:57 GMT

AUD/SGD 1H Chart: Falling wedge in sight

The AUD/SGD currency pair has been trading within the falling wedge pattern since the beginning of February.

Tue, 19 Mar 2019 11:24:25 GMT

AUD/CHF 1H Chart: Upside potential

The Australian Dollar has been depreciating gradually against the Swiss Franc since the beginning of February. This movement has been bounded in the descending channel.

Tue, 19 Mar 2019 06:55:34 GMT

GBP/CAD 4H Chart: Breaches resistance cluster

The 100– hour simple moving average has been guiding the Pound Sterling higher against the Canadian Dollar since late February. The currency pair re-tested the 100-hour SMA during last week's trading sessions.

Tue, 19 Mar 2019 06:51:42 GMT

GBP/AUD 4H Chart: Likely to aim at 1.8995

The British Pound bounced off from a support level formed by the monthly pivot point at 1.8432 on March 12 and had since gained about 1.43% in values against the Australian Dollar.

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