Trade Pattern-Ideas

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Thu, 15 Oct 2020 11:03:53 GMT

ZAR/JPY 4H Chart: Two scenarios likely

The ZAR/JPY exchange rate continued to trade within the symmetrical triangle pattern.

Thu, 15 Oct 2020 10:56:12 GMT

CAD/JPY 4H Chart: Bears could prevail in market

Since the beginning of August, the CAD/JPY currency pair has been trading downwards within a falling wedge pattern.

Thu, 15 Oct 2020 05:36:08 GMT

GBP/JPY 4H Chart: Bounces off support

The British Pound has been surging in an ascending channel pattern against the Japanese Yen since the middle of September. The currency pair has edged lower by 2.00% since last week's trading sessions.

Thu, 15 Oct 2020 05:34:12 GMT

AUD/JPY 4H Chart: Decline likely to continue

The Australian Dollar has been declining in a descending channel pattern against the Japanese Yen since September 1. The currency pair breached the lower boundary of the channel pattern at 74.00 on September 28.

Wed, 14 Oct 2020 10:29:04 GMT

EUR/HUF 4H Chart: Two scenarios likely

The EUR/HUF exchange rate has been trading upwards within a rising wedge pattern since the end of June.

Wed, 14 Oct 2020 10:19:14 GMT

EUR/CHF 4H Chart: Falling wedge pattern in sight

Since the end of September, the EUR/CHF currency pair has been trading downwards within a falling wedge pattern.

Wed, 14 Oct 2020 05:38:31 GMT

BRENT.CMD/USD 4H Chart: Could break channel

The Brent crude oil prices have edged higher by 8.75% since the beginning of this month. The commodity breached the 50-, 100– and 200– period SMAs during last week's trading sessions.

Wed, 14 Oct 2020 05:35:52 GMT

LIGHT.CMD/USD 4H Chart: Two scenarios likely

The light crude oil prices have surged by 9.37% since the beginning of October. The commodity tested the upper line of an ascending channel pattern at the 41.50 level during last week's trading sessions.

Tue, 13 Oct 2020 10:20:01 GMT

USD/ILS 4H Chart: Pair pressured by moving averages

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

Tue, 13 Oct 2020 10:03:11 GMT

USD/SGD 4H Chart: Two scenarios likely

Since the end of September, the USD/SGD currency pair has been trading downwards within a falling wedge pattern.

Tue, 13 Oct 2020 05:03:23 GMT

GBP/AUD 4H Chart: Bulls could prevail

The Pound Sterling has surged by 334 pips or 1.87% against the Australian Dollar since October 1. The currency pair bounced off from a support cluster at 1.7979 on October 9.

Tue, 13 Oct 2020 04:56:58 GMT

GBP/CAD 4H Chart: Bounces of support

The British Pound has declined by 199 pips or 1.15% against the Canadian Dollar since October 1. The currency pair tested the lower boundary of an ascending channel pattern at 1.7050 on October 9.

Mon, 12 Oct 2020 10:32:20 GMT

USD/THB 4H Chart: Symmetrical triangle pattern in sight

The USD/THB exchange rate continued to consolidate within the symmetrical triangle pattern.

Mon, 12 Oct 2020 10:23:33 GMT

USD/CNH 4H Chart: Two scenarios likely

Since the middle of September, the USD/CNH currency pair has been declining within a falling wedge pattern.

Mon, 12 Oct 2020 05:34:48 GMT

EUR/AUD 4H Chart: Breakout could occur

The Eurozone single currency has declined by 244 pips or 1.47% against the Australian Dollar since September 24. The currency pair breached the 50– and 100– period SMAs.

Mon, 12 Oct 2020 05:30:14 GMT

EUR/CAD 4H Chart: Decline likely to continue

The common European currency has declined by 225 pips or 1.43% against the Canadian Dollar since September 30. The currency pair is currently trading in a narrow descending channel pattern.

Fri, 09 Oct 2020 09:52:57 GMT

AUD/CHF 4H Chart: Bears could prevail

The AUD/CHF exchange rate has been trading within a descending triangle pattern since the end of August.

Fri, 09 Oct 2020 09:39:53 GMT

AUD/CAD 4H Chart: Falling wedge pattern in sight

The AUD/CAD currency pair has been trading downwards within a falling wedge pattern since the beginning of September.

Fri, 09 Oct 2020 04:43:59 GMT

NZD/JPY 4H Chart: Breakout could occur

The New Zealand Dollar has surged by 168 pips or 2.44% against the Japanese Yen since September 24. The currency pair tested the 200– period simple moving average at 70.32 on October 6.

Fri, 09 Oct 2020 04:41:56 GMT

NZD/CAD 4H Chart: Bears likely to prevail

The New Zealand Dollar has declined by 160 pips or 1.82% against the Canadian Dollar since October 1. The currency pair tested the 0.8650 level during yesterday's trading session.

Thu, 08 Oct 2020 12:05:34 GMT

HKD/JPY 4H Chart: Two scenarios likely

Since the end of September, the HKD/JPY exchange rate has been trading upwards, guided by an ascending trend line.

Thu, 08 Oct 2020 11:53:02 GMT

SGD/JPY 4H Chart: Short-term increase expected

Since the end of September, the SGD/JPY currency pair has been trading upwards, guided by an ascending trend line.

Thu, 08 Oct 2020 04:37:00 GMT

DOLLAR.IDX/USD 4H Chart: Breakout could occur

The dollar index, which measures the US Dollar against a basket of major currencies, has declined by 1.40% since September 25. The index tested the lower boundary of an ascending channel pattern at 93.39 on October 6.

Thu, 08 Oct 2020 04:33:41 GMT

GBR.IDX/GBP 4H Chart: Could edge higher

The UK100, which measures the best 100 performing shares from the London Stock Exchange, has surged by 2.76% since September 25. The index tested the 200– period simple moving average at 5957.03 on October 6.

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