Trade Pattern-Ideas

Fri, 31 Jul 2020 05:17:17 GMT

NZD/CAD 4H: Buying signals

The New Zealand Dollar has surged by 143 pips or 1.62% against the Canadian Dollar since July 16. The currency pair breached the weekly resistance level at 0.8968 during yesterday's trading session.

Thu, 30 Jul 2020 13:01:41 GMT

TRY/JPY 4H Chart: Reversal north could occur

The TRY/JPY exchange rate has been trading downwards since last Wednesday. Currently, the rate is testing the support level formed the monthly S2 at 15.03.

Thu, 30 Jul 2020 12:50:54 GMT

USD/TRY 4H Chart: Two scenarios likely

Yesterday, the USD/TRY currency pair raised to the resistance level formed by the monthly R2 at 7.0035. Currently, the pair was testing the given resistance.

Thu, 30 Jul 2020 05:52:55 GMT

CHF/JPY 4H: Bullish momentum to continue

The Swiss Franc has surged by 250 pips or 2.21% against the Japanese Yen since July 16. The currency pair tested the upper boundary of an ascending channel pattern at 115.51 on July 23.

Thu, 30 Jul 2020 05:51:01 GMT

CAD/CHF 4H: Decline likely to continue

The Swiss Franc has declined by 2.48% against the Canadian Dollar since the middle of July. The currency pair was pressured the lower by the 200– period simple moving average.

Wed, 29 Jul 2020 11:01:12 GMT

EUR/DKK 4H Chart: Descending channel in sight

The EUR/DKK exchange rate has been trading within a descending channel since the end of June.

Wed, 29 Jul 2020 10:51:54 GMT

USD/DKK 4H Chart: Two scenarios likely

The USD/DKK currency pair has been trading downwards since the beginning of July.

Wed, 29 Jul 2020 05:46:16 GMT

GBR.IDX/GBP 4H: Decline likely to continue

The UK100, which measures the best 100 performing shares from the London Stock Exchange, has declined by 3.43% since the middle of July. The UK100 breached the 50-, 100– and 200– period SMAs on July 23.

Wed, 29 Jul 2020 05:36:46 GMT

DOLLAR.IDX/USD 4H: Breakout could occur

The dollar index, which measures the US Dollar against a basket of major currencies, has declined by 4.22% since July 1. The currency pair breached March's swing low at 94.63 during last week trading sessions.

Tue, 28 Jul 2020 09:35:02 GMT

XAG/USD 4H Chart: Bears likely to prevail

The XAG/USD exchange rate jumped to the 25.60 level. However, the rate failed to exceed the given level and reversed south.

Tue, 28 Jul 2020 09:12:42 GMT

USD/MXN 4H Chart: Falling wedge pattern in sight

The USD/MXN currency pair has been trading downwards within a falling wedge pattern since the beginning of July.

Tue, 28 Jul 2020 05:41:26 GMT

EUR/GBP 4H: Buying signals

The single European currency has surged by 2.09% against the Pound Sterling since July 13. The currency pair breached the 50-, 100– and 200– period SMAs during the past two weeks.

Tue, 28 Jul 2020 05:36:34 GMT

USD/CHF 4H Chart: Decline could continue

The US Dollar has declined by 284 pips or 3.00% against the Swiss Franc since July 16. The 200– period simple moving average pressured the currency pair lower during this period.

Mon, 27 Jul 2020 10:25:56 GMT

EUR/RUB 4H Chart: Rising wedge pattern in sight

The EUR/RUB exchange rate has been trading within a rising wedge pattern since the beginning of June.

Mon, 27 Jul 2020 10:08:57 GMT

USD/RUB 4H Chart: Descending triangle in sight

The USD/RUB currency pair has been trading sideways within a descending triangle pattern since the beginning of July.

Mon, 27 Jul 2020 05:25:44 GMT

EUR/NZD 4H: Bullish run likely to continue

The common European currency has surged by 2.24% against the New Zealand Dollar since July 12. The currency pair breached the 1.7550 level on Monday morning.

Mon, 27 Jul 2020 05:23:22 GMT

AUD/NZD 4H Chart: Could maintain channel

The Australian Dollar has surged by 1.68% against the New Zealand Dollar since July 12. The currency pair tested June 24 swing high at 1.0748 during last week's trading sessions.

Fri, 24 Jul 2020 10:44:26 GMT

USD/ILS 4H Chart: Falling wedge pattern in sight

The USD/ILS exchange rate has been trading within a falling wedge pattern since the end of June.

Fri, 24 Jul 2020 10:34:57 GMT

USD/PLN 4H Chart: Two scenarios likely

The USD/PLN currency pair has been trading downwards since the middle of June, guided by a descending trend line.

Fri, 24 Jul 2020 05:51:40 GMT

ETH/USD 4H: Likely to edge higher

The Ethereum cryptocurrency has surged by 21.13% against the US Dollar since July 16. The currency pair tested the upper boundary of a descending channel pattern at 278.97 on Thursday.

Fri, 24 Jul 2020 05:49:32 GMT

BTC/USD 4H Chart: Buying signals

The Bitcoin cryptocurrency has surged by 6.49% against the US Dollar since the past two weeks. The currency pair tested the $9600 mark during yesterday's trading session.

Thu, 23 Jul 2020 09:37:10 GMT

SGD/JPY 1H Chart: Ascending triangle in sight

The SGD/JPY exchange rate has been trading within an ascending triangle pattern since the end of June.

Thu, 23 Jul 2020 09:27:42 GMT

USD/SGD 1H Chart: Descending channel in sight

The USD/SGD currency pair has been trading within a descending channel since the end of June.

Thu, 23 Jul 2020 05:24:25 GMT

GBP/JPY 4H: Likely to maintain channel

The Pound Sterling has edged higher by 236 points or 1.76% against the Japanese Yen since last week's trading sessions. The currency pair breached the weekly R2 at 136.15 on July 23.

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