Trade Pattern-Ideas

Wed, 22 Jul 2020 13:24:40 GMT

CAD/JPY 1H Chart: Rising wedge pattern in sight

The CAD/JPY exchange rate has been trading within a rising wedge pattern since the middle of June.

Wed, 22 Jul 2020 13:02:00 GMT

AUD/CAD 1H Chart: Short-term advance expected

The Australian Dollar continued to appreciate against the Canadian Dollar. The AUD/CAD currency pair has already exceeded the Fibo 61.80% at 0.9515.

Wed, 22 Jul 2020 05:52:36 GMT

LIGHT.CMD/USD 4H: Two scenario likely

The Light crude oil has surged by 9.45% against the US Dollar since July 10. The commodity tested the $42.00 mark during yesterday's trading session.

Wed, 22 Jul 2020 05:50:32 GMT

BRENT.CMD/USD 4H Chart: Buying signals

The international benchmark for crude oil prices Brent has surged by 7.35% since July 10. The commodity breached the $44.50 during yesterday's trading sessions. 

Tue, 21 Jul 2020 10:25:52 GMT

USD/CNH 1H Chart: Falling wedge pattern in sight

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

Tue, 21 Jul 2020 10:14:01 GMT

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

The USD/THB currency pair has been extending gains since the beginning of July, guided by an ascending trend line.

Tue, 21 Jul 2020 05:29:08 GMT

GBP/CAD 4H: Likely to maintain channel

The Pound Sterling has surged by 362 pips or 2.16% against the Canadian Dollar since July 1. The currency pair tested the upper boundary of an ascending channel pattern at 1.7167 on July 13.

Tue, 21 Jul 2020 05:27:23 GMT

GBP/AUD 4H Chart: Breached descending channel

The British Pound has declined by 1.42% against the Australian Dollar during the past two weeks. The currency pair was pressured lower by the 200– period simple moving average.

Mon, 20 Jul 2020 10:27:40 GMT

CHF/SGD 1H Chart: Two scenarios likely

The CHF/SGD exchange rate has been declining within a descending channel since the middle of June.

Mon, 20 Jul 2020 10:18:33 GMT

AUD/CHF 1H Chart: Ascending channel in sight

The AUD/CHF currency pair has been trading upwards within an ascending channel since the end of June.

Mon, 20 Jul 2020 05:38:54 GMT

EUR/CAD 4H: Breakout occurs

The common European currency has surged by 330 pips or 2.17% against the Canadian Dollar since July 6. The currency pair breached the upper boundary of an ascending channel pattern at 1.5522 on Monday morning.

Mon, 20 Jul 2020 05:34:57 GMT

EUR/AUD 4H Chart: Could continue to surge

The Eurozone single currency surged by 192 pips or 1.19% against the Australian Dollar last week. The currency pair breached the 50-, 100– and 200– period SMAs during last week's trading sessions.

Fri, 17 Jul 2020 10:53:08 GMT

NZD/CHF 1H Chart: Short-term advance expected

The NZD/CHF exchange rate has been extending gains within a rising wedge pattern since the middle of June.

Fri, 17 Jul 2020 10:42:07 GMT

GBP/NZD 1H Chart: Falling wedge pattern in sight

The GBP/NZD currency pair has been declining within a falling wedge pattern since the middle of June.

Thu, 16 Jul 2020 12:13:53 GMT

HKD/JPY 1H Chart: Falling wedge pattern in sight

The HKD/JPY exchange rate has been declining within a falling wedge pattern since the beginning of July.

Thu, 16 Jul 2020 12:03:38 GMT

ZAR/JPY 1H Chart: Rising wedge pattern in sight

The ZAR/JPY currency pair has been trading within a rising wedge pattern since the end of June.

Wed, 15 Jul 2020 10:40:06 GMT

GBP/CHF 1H Chart: Falling wedge pattern in sight

The GBP/CHF exchange rate has been trading within a falling wedge pattern since the middle of May.

Wed, 15 Jul 2020 10:26:01 GMT

EUR/CHF 1H Chart: Short-term increase expected

The EUR/CHF currency pair has been trading downwards, guided by a descending trend line.

Tue, 14 Jul 2020 10:42:46 GMT

USD/SEK 1H Chart: Descending channel in sight

The USD/SEK exchange rate has been declining within a descending channel since the beginning of July.

Tue, 14 Jul 2020 10:33:02 GMT

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

The EUR/SEK currency pair has been trading within a descending channel since the beginning of July.

Tue, 14 Jul 2020 05:46:07 GMT

GBP/CAD 4H: Could edge higher

The British Pound has surged by 2.48% against the Canadian Dollar since the beginning of July. The currency pair tested the upper boundary of a descending channel pattern at 1.7150 during yesterday's trading session.

Tue, 14 Jul 2020 05:43:47 GMT

GBP/AUD 4H Chart: Breakout could occur

The Pound Sterling has surged by 1.61% against the Australian Dollar since last week's trading sessions. The currency pair tested the 200– period simple moving average at 1.8153 on July 10.

Mon, 13 Jul 2020 10:59:04 GMT

USD/NOK 1H Chart: Falling wedge pattern in sight

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

Mon, 13 Jul 2020 10:50:52 GMT

EUR/NOK 1H Chart: Ascending channel in sight

The EUR/NOK currency pair has been trading within an ascending channel since the beginning of July.

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