Trade Pattern-Ideas

Note: This section contains information in English only.
Wed, 13 Nov 2019 06:57:01 GMT

BRENT.CMD/USD 4H Chart: Upward swing to continue

The Brent crude oil prices have appreciated about 5.92% in value since October 31. The commodity was pressured up by the 50– period simple moving average during last week's trading sessions.

Wed, 13 Nov 2019 06:55:04 GMT

LIGHT.CMD/USD 4H Chart: Pressured by 50– period SMA

After the Light crude oil tested the lower boundary of an ascending channel pattern at 54.05, the commodity made a U-turn north. As a result, the pair appreciated about 6.8% in value.

Tue, 12 Nov 2019 14:26:40 GMT

USD/PLN 1H Chart: Upside potential could prevail

The US Dollar has been appreciating against the Polish Zloty since the beginning of November after the USD/PLN currency pair failed to surpass the psychological level at 3.8050.

Tue, 12 Nov 2019 14:25:22 GMT

USD/TRY 1H Chart: Bulls could prevail

The US Dollar has been appreciating against the Turkish Lira since the beginning of November after the USD/TRY exchange rate reversed north from the lower boundary of the rising wedge pattern (4H time-frame chart) at 5.6875.

Tue, 12 Nov 2019 06:28:47 GMT

GBP/CAD 4H Chart: Buy signals

The Pound Sterling has appreciated about 1.69% in value against the Canadian Dollar since October 29.

Tue, 12 Nov 2019 06:26:34 GMT

GBP/AUD 4H Chart: Bounces off support

The British Pound bounced off the 200– period simple moving average against the Australian Dollar on November 7. As a result, the currency pair has appreciated about 1.38% in value.

Mon, 11 Nov 2019 11:46:54 GMT

EUR/HUF 1H Chart: Upside potential could prevail

As apparent on the chart, the Euro has been appreciating against the Hungarian Forint since the beginning of November after the EUR/HUF currency pair re-tested the lower boundary of the rising wedge pattern at 327.88.

Mon, 11 Nov 2019 11:45:21 GMT

EUR/CZK 1H Chart: Two scenarios likely

The EUR/CZK exchange rate has been trading sideways between the Fibonacci 62.40% at 25.56 and the psychological level at 25.48 since the end of October.

Mon, 11 Nov 2019 06:03:52 GMT

EUR/CAD 4H Chart: Bearish signals

The European single currency has appreciated about 1.71% in value against the Canadian Dollar since October 28. The currency pair tested a psychological resistance level at 1.4700.

Mon, 11 Nov 2019 06:02:17 GMT

EUR/AUD 4H Chart: Decline likely to continue

The common European currency has been depreciating in a junior descending channel pattern against the Australian Dollar since October 24. The currency pair has depreciated about 2.51% in value during this period.

Fri, 08 Nov 2019 10:39:08 GMT

EUR/DKK 1H Chart: Two scenarios likely

The Euro has been appreciating against the Danish Krone within the rising wedge pattern since the end of September. As apparent on the chart, the EUR/USD currency pair exceeded the psychological level at 7.4700.

Fri, 08 Nov 2019 10:21:18 GMT

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

The US Dollar has been depreciating against the Danish Krone since the beginning of October within the falling wedge pattern. Currently, the USD/DKK currency pair is testing the upper pattern line at 6.7700.

Fri, 08 Nov 2019 06:26:45 GMT

CHF/JPY 4H Chart: Tests support cluster

The Swiss Franc traded sideways against the Japanese Yen during last week's trading sessions.

Fri, 08 Nov 2019 06:25:00 GMT

CAD/CHF 4H Chart: Bullish signals

The Canadian Dollar depreciated about 1.79% in value against the Swiss Franc during last week's trading sessions. The currency pair tested a psychological support level at 0.7500 on November 1.

Thu, 07 Nov 2019 09:56:36 GMT

XAG/USD 1H Chart: Two scenarios likely

Silver has been consolidating against the US Dollar within the symmetrical triangle pattern since the end of September. As apparent on the chart, the XAG/USD exchange rate is testing the lower pattern line.

Thu, 07 Nov 2019 09:37:36 GMT

USD/CHF 1H Chart: Symmetrical triangle pattern in sight

The USD/CHF currency pair has been trading within the symmetrical triangle pattern since the beginning of October. Currently, the pair is trading near the upper pattern line at 0.9940.

Thu, 07 Nov 2019 06:40:20 GMT

EUR/CHF 4H Chart: Could decline

The single European currency has depreciated about 0.72% in value against the Swiss Franc since last week's trading sessions. A breakout occurred through the lower boundary of an ascending channel pattern at 1.1020 on November 5.

Thu, 07 Nov 2019 06:38:19 GMT

AUD/CAD 4H Chart: Short-term decline expected

The AUD/CAD currency pair appreciated about 2.31% in value during last week's trading sessions. The exchange rate tested the upper boundary of an ascending channel pattern at 0.9114 on October 31.

Wed, 06 Nov 2019 10:45:48 GMT

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

The SGD/JPY exchange rate has been testing the upper boundary of the rising wedge pattern since the middle of October.

Wed, 06 Nov 2019 10:21:23 GMT

AUD/SGD 1H Chart: Downside potential could prevail

The AUD/SGD currency pair continued to trade downwards within the falling wedge pattern (4H time-frame chart). As apparent on the chart, the pair has already tested the upper pattern line at 0.9428.

Wed, 06 Nov 2019 06:54:31 GMT

NZD/JPY 4H Chart: Bulls likely to prevail

The New Zealand Dollar has been appreciating against the Japanese Yen since the beginning of October after the NZD/JPY exchange rate reversed from the lower boundary of a medium-term ascending channel pattern at 67.00.

Wed, 06 Nov 2019 06:52:44 GMT

CAD/JPY 4H Chart: Upside potential likely to prevail

The CAD/JPY currency exchange rate traded downwards during last week's trading sessions after it reversed south from a psychological resistance level at the 83.50 regions.

Tue, 05 Nov 2019 09:22:20 GMT

USD/MXN 1H Chart: Short-term advance expected

The US Dollar has been depreciating against the Mexican Peso since the beginning of September. This movement has been bounded within the falling wedge pattern.

Tue, 05 Nov 2019 09:10:54 GMT

USD/ILS 1H Chart: Bulls could prevail

The US Dollar has been appreciating against the Israeli Shekel since the beginning of October when the USD/ILS currency pair reversed north from the lower boundary of the long-term ascending channel (4H time-frame chart).

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