Trade Pattern-Ideas

Note: This section contains information in English only.
Thu, 03 Jun 2021 04:20:15 GMT

CAD/JPY 4H Chart: Remains near January high

The Canadian Dollar has surged by 1.34% against the Japanese Yen since May 28. The currency pair tested a resistance line at 91.10 during yesterday's trading session.

Thu, 03 Jun 2021 04:18:54 GMT

AUD/JPY 4H Chart: Potential target at 85.80

The Australian Dollar has surged by 1.35% against the Japanese Yen since May 24. The currency pair tested the upper boundary of a descending channel pattern at 85.18 on June 2.

Wed, 02 Jun 2021 04:56:55 GMT

ETH/USD Daily Chart: Likely to edge higher

The Ethereum cryptocurrency surged by 20% against the US Dollar during last week's trading sessions.

Wed, 02 Jun 2021 04:55:18 GMT

BTC/USD Daily Chart: Fell below 200– day SMA

The Bitcoin cryptocurrency fell below the 200– day simple moving average during the last week of May.

Tue, 01 Jun 2021 05:03:03 GMT

GBP/CAD 4H Chart: Likely continue to trade sideways

The GBP/CAD currency pair has been trading sideways since May 11. The Pound Sterling surged by 0.73% against the Canadian Dollar during last week's trading sessions.

Tue, 01 Jun 2021 04:31:04 GMT

GBP/AUD 4H Chart: Could edge higher

The British Pound surged by 1.37% against the Australian Dollar during last week's trading sessions. The currency pair tested the 1.8400 level on May 28. 

Mon, 31 May 2021 04:36:40 GMT

EUR/CAD 4H Chart: Bears likely to prevail

The Eurozone single currency has been trading sideways against the Canadian Dollar since May 3.

Mon, 31 May 2021 04:34:16 GMT

EUR/AUD 4H Chart: Two scenarios likely

The common European currency surged by 0.84% against the Australian Dollar last week. The currency pair tested the upper boundary of an ascending channel pattern at 1.5816 during the Asian session on May 31.

Wed, 26 May 2021 05:42:35 GMT

ETH/USD Daily Chart: Bears could prevail

During the past two weeks, the second-largest cryptocurrency Ether has plunged by 53.32% against the USDT. The digital currency breached the $2,000 level last week.

Wed, 26 May 2021 05:39:55 GMT

BTC/USD Daily Chart: Decline likely to continue

During the past two weeks, the Bitcoin cryptocurrency has plummeted by 46.65% against the USDT. The world's largest digital currency by market cap tested the $30K mark last week.

Mon, 24 May 2021 04:26:54 GMT

USD/CHF 4H Chart: Pressured by 50– period SMA

The US Dollar has declined by 1.50% against the Swiss Franc since May 13. The currency pair was pressured lower by the 50– period simple moving average during last week's trading sessions.

Mon, 24 May 2021 04:23:42 GMT

EUR/NZD 4H Chart: Bulls could prevail

The common European currency surged by 1.78% against the New Zealand Dollar last week. The currency pair tested the 1.7030 level during last week's trading sessions.

Wed, 19 May 2021 11:16:58 GMT

ETH/USD Daily Chart: Decline below $3000

Since bouncing off the all-time-high level at 4,375.00 on May 12, the ETH/USD rate has been declining. On Wednesday, May 19, the rate had reached the 2,800.00 level and the 50-day simple moving average. In the case of the rate passing the support of the 50-day SMA and the decline extending, the rate could look for support in the

Wed, 19 May 2021 10:45:12 GMT

BTC/USD Daily Chart: Breaking Pattern

First of all, the BTC/USD exchange rate has broken the channel up pattern, in the borders of which it traded since August. Secondly, the rate passed the support of the April low level near 47,750.00. Last but not least, the January high level of 41,900.00 did not provide support on May 19. Moreover, by the middle of Wednesday's, May

Tue, 18 May 2021 03:59:00 GMT

GBP/CAD 4H Chart: Bulls could prevail

The Pound Sterling has surged by 1.71% against the Canadian Dollar since May 7. The currency pair breached the 50– period simple moving average during last week's trading sessions.

Tue, 18 May 2021 03:57:05 GMT

GBP/AUD 4H Chart: Breaks resistance at 1.8070

The British Pound surged by 2.35% against the Australian Dollar during last week's trading sessions. The currency pair breached a significant resistance level at 1.8070 on May 13.

Mon, 17 May 2021 05:05:42 GMT

EUR/CAD 4H Chart: Could edge higher

The single European currency declined by 1.16% against the Canadian Dollar during last week's trading sessions. The 50– period simple moving average pressured the currency pair lower last week.

Mon, 17 May 2021 05:04:18 GMT

EUR/AUD 4H Chart: Bulls could prevail

The common European currency surged by 1.51% against the Australian Dollar during last week's trading sessions. The currency pair breached the 50– and 200– period SMAs last week.

Fri, 14 May 2021 05:25:00 GMT

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

The UK100, which compiles the top 100 capitalized UK companies listed on the London Stock Exchange, has declined by 4.65% since this week's trading sessions.

Fri, 14 May 2021 05:20:00 GMT

DOLLAR.IDX/USD 4H Chart: Two scenarios likely

The dollar index, which measures the US Dollar against a basket of major currencies, bounced off the support line at the 90.00 level on May 11. As a result, the exchange rate has surged by 0.86% since this week's trading sessions. 

Thu, 13 May 2021 04:31:52 GMT

CAD/JPY 4H Chart: Bull run to continue

Upside risks have continued to pressure the CAD/JPY currency pair higher since the beginning of this month. The Canadian Dollar has surged by 2.42% against the Japanese Yen since May 1.

Thu, 13 May 2021 04:26:56 GMT

AUD/JPY 4H Chart: Bears likely to prevail

The Australian Dollar has declined by 112 pips or 1.31% against the Japanese Yen since this week's trading session. The currency pair breached the 50– period SMA on May 13.

Wed, 12 May 2021 05:03:50 GMT

ETH/USD Daily Chart: Breaks $4000 mark

The Ethereum cryptocurrency has continued its bullish trend against the US Dollar. The second-largest cryptocurrency by market capitalization, surged past $4,000 to hit a new record high at $4300 this week.

Wed, 12 May 2021 05:00:04 GMT

BTC/USD Daily Chart: Two scenarios likely

The Bitcoin cryptocurrency continued to trade below the $60,000 mark since last week's trading sessions.

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