Trade Pattern-Ideas

Fri, 15 Oct 2021 03:24:25 GMT

LIGHT.CMD/USD remains near 82.00 level

The Light crude oil price bounced off a support level formed by the 50– period simple moving average at 76.00 on October 7. As a result, the commodity has surged by 8.37% during this period.

Fri, 15 Oct 2021 03:22:29 GMT

BRENT.CMD/USD buyers could prevails

The 50– period simple moving average continued to provide support for the Brent crude oil. The commodity has edged higher by 6.27% since last week's trading sessions.

Thu, 14 Oct 2021 03:29:31 GMT

CAD/JPY breakout could occur

The Canadian Dollar has edged higher by 3.49% against the Japanese Yen during the past two weeks. The CAD/JPY currency pair breached the 91.00 level on October 13.

Thu, 14 Oct 2021 03:27:06 GMT

AUD/JPY two scenarios likely

The Australian Dollar has surged by 3.78% against the Japanese Yen since October 7. The currency pair was pressured higher by the 50– period simple moving average during the past two weeks.

Wed, 13 Oct 2021 03:23:23 GMT

ETH/USD bounces off support

Since September 23, the Ethereum cryptocurrency has edged higher by 30.22% against the US Dollar. The exchange rate breached the 50– day simple moving average on October 2.

Wed, 13 Oct 2021 03:21:45 GMT

BTC/USD breakout could occur

The BTC/USD exchange rate bounced off a support level at the $40K mark on September 23. As a result, the Bitcoin cryptocurrency has edged higher by 42.20% against the US Dollar during this period.

Tue, 12 Oct 2021 04:10:48 GMT

GBP/CAD likely to maintain channel

The Pound Sterling has declined by 1.32% against the Canadian Dollar since October 1. The currency pair breached a three-month low at 1.7000 during last week's trading sessions.

Tue, 12 Oct 2021 04:08:23 GMT

GBP/AUD decline could continue

Since last week's trading sessions, the British Pound has edged lower by 1.51% against the Australian Dollar. The currency pair was pressured lower by the 50– period simple moving average.

Mon, 11 Oct 2021 04:06:28 GMT

EUR/CAD bears could prevail

Since mid-September, the Eurozone single currency has edged lower by 4.22% against the Canadian Dollar. The EUR/CAD currency pair tested the 1.4400 level on October 8.

Mon, 11 Oct 2021 04:04:16 GMT

EUR/AUD decline likely to continue

The common European currency has declined 2.40% against the Australian Dollar since the end of September. The currency pair tested a three–month low at 1.5783 on October 8.

Fri, 08 Oct 2021 00:40:13 GMT

CAD/CHF two scenarios likely

Since September 22, the Canadian Dollar has edged higher 2.86% against the Swiss Franc. The CAD/CHF currency pair breached the 0.7380 area during this week's trading sessions.

Fri, 08 Oct 2021 00:38:44 GMT

NZD/JPY breakout could occur

The NZD/JPY currency pair bounced off a support level at 76.50 on October 1. As a result, the New Zealand Dollar surged by 1.22% against the Japanese Yen during this period.

Thu, 07 Oct 2021 04:20:58 GMT

GBR.IDX/GBP decline could continue

The UK100, which compiles the top 100 capitalized UK companies listed on the London Stock Exchange, has declined by 2.31% since September 30. The FTSE 100 breached the 50– and 200– period SMAs this week.

Thu, 07 Oct 2021 04:18:50 GMT

DOLLAR.IDX/USD two scenarios likely

The dollar index, which measures the US Dollar against a basket of major currencies, bounced off a support line at the 93.67 level on October 4. As a result, the exchange rate has surged by 0.75% since this week's trading sessions. 

Wed, 06 Oct 2021 03:43:12 GMT

ETH/USD bulls could prevail

The Ethereum cryptocurrency has surged by 28.36% against the US Dollar during the last seven days. The ETH/USD cryptocurrency pair breached the 50– day simple moving average on October 2.

Wed, 06 Oct 2021 03:41:28 GMT

BTC/USD potential target at $65K

From the 7 days perspective, the Bitcoin cryptocurrency has surged by 26.22% against the US Dollar. The cryptocurrency pair breached the $50K mark during yesterday's trading session.

Tue, 05 Oct 2021 04:03:02 GMT

USD/CHF breakout could occur

The US Dollar has declined by 1.13% against the Swiss Franc since last week's trading sessions. The currency pair breached the 50– period simple moving average at 0.9280 on October 4.

Tue, 05 Oct 2021 03:59:46 GMT

EUR/GBP decline could continue

Since September 29, the common European currency has declined by 1.42% against the British Pound. The currency pair breached the 50– and 200– period SMAs last week.

Mon, 04 Oct 2021 03:45:15 GMT

EUR/NZD decline could continue

The common European currency declined by 1.30% against the New Zealand Dollar last week. The currency pair breached the 50– and 200– period SMAs during Friday's trading sessions.

Mon, 04 Oct 2021 03:43:42 GMT

AUD/NZD breached channel pattern

Since last week's trading sessions, the Australian Dollar has surged by 1.52% against the New Zealand Dollar. The currency pair breached the upper boundary of an ascending channel pattern on September 30.

Fri, 01 Oct 2021 04:03:44 GMT

LIGHT.CMD/USD tests 50– period SMA

The Light crude oil price has declined by 4.20% since September 26. The commodity hit the 50– period simple moving average during yesterday's trading session.

Fri, 01 Oct 2021 04:01:32 GMT

BRENT.CMD/USD could still edge higher

Since this week's trading sessions, the Brent crude oil has edged lower by 3.40% against the US Dollar. The decline was stopped by the 50– period SMA on September 30.

Thu, 30 Sep 2021 03:58:21 GMT

CAD/JPY bullish trend to continue

The CAD/JPY currency pair bounced off a support level at 85.11 on September 22. As a result, the Canadian Dollar has surged by 3.70% against the Japanese Yen since last week's trading sessions.

Thu, 30 Sep 2021 03:55:00 GMT

AUD/JPY bounces off support

The Australian Dollar edged higher by 2.90% against the Japanese Yen since September 22. The currency pair breached the 50– and 200– period SMAs during this week's trading sessions.

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