Trade Pattern-Ideas

Note: This section contains information in English only.
Mon, 01 Feb 2021 05:48:09 GMT

EUR/AUD 4H Chart: Two scenarios likely

The common European currency has surged by 2.05% against the Australian Dollar since January 20. The currency pair tested the upper line of a descending channel pattern at 1.5931 on February 1.

Fri, 29 Jan 2021 10:39:14 GMT

USD/THB 4H Chart: Downside potential could prevail

Since the middle of December, the USD/THB exchange rate has been trading sideways within a symmetrical triangle pattern. As apparent on the chart, the rate has broken the lower pattern line.

Fri, 29 Jan 2021 10:30:35 GMT

USD/ZAR 4H Chart: Rising wedge pattern in sight

Since the beginning of December, the USD/ZAR currency pair has been trading within a rising wedge pattern.

Fri, 29 Jan 2021 05:59:30 GMT

NZD/JPY 4H Chart: Could continue to edge up

The New Zealand Dollar has surged by 1.84% against the Japanese Yen since January 19. The currency pair tested the 75.00 level during this week's trading session.

Fri, 29 Jan 2021 05:57:43 GMT

NZD/CAD 4H Chart: Bounces off support

The New Zealand Dollar has surged by 1.71% against the Canadian Dollar since last week's trading sessions. The currency pair bounced off from the lower line of an ascending channel pattern at 0.9050 on January 20.

Thu, 28 Jan 2021 06:07:23 GMT

CHF/JPY 4H Chart: Bulls likely to prevail

The Swiss Franc has edged higher by 97 pips or 0.83% against the Japanese Yen since January 20. The currency pair breached the 50-, 100– and 200– period SMAs during this week's trading sessions.

Thu, 28 Jan 2021 06:04:53 GMT

CAD/CHF 4H Chart: Decline likely to continue

The Canadian Dollar has declined by 114 pips or 1.61% against the Swiss Franc since January 20. The currency pair breached the lower boundary of an ascending channel pattern at 0.6937 during the Asian session on Thursday.

Wed, 27 Jan 2021 13:45:19 GMT

USD/NOK 4H Chart: Upside potential could prevail

Since the beginning of January, the USD/NOK exchange rate has been trading upwards within an ascending channel.

Wed, 27 Jan 2021 13:27:49 GMT

EUR/NOK 4H Chart: Descending channel in sight

Since the beginning of November, the EUR/NOK currency pair has been trading downwards within a descending channel.

Wed, 27 Jan 2021 06:09:12 GMT

GBR.IDX/GBP 4H Chart: Tests 200– period SMA

The UK100 index, which measures the 100 best performing shares from the London Stock Exchange, has declined by 2.54% since last week's trading sessions. The decline was stopped by the 200– period simple moving average at 6636.8.

Wed, 27 Jan 2021 06:06:59 GMT

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

The dollar index, which measures the US Dollar against a basket of major currencies, declined by 0.95% during last week's trading sessions. The DXY tested the 100– period SMA on January 21.

Tue, 26 Jan 2021 11:00:08 GMT

AUD/SGD 4H Chart: Two scenarios likely

Since the middle of December, the AUD/SGD exchange rate has been trading upwards, guided by an ascending trend line.

Tue, 26 Jan 2021 10:49:39 GMT

EUR/SGD 4H Chart: Downside potential could prevail

Since the middle of December, the EUR/SGD currency pair has been trading within a descending channel.

Tue, 26 Jan 2021 06:07:25 GMT

EUR/GBP 4H Chart: Two scenarios likely

The common European currency has edged lower by 2.00% against the British Pound since January 11. The 50– period simple moving average has pressured the exchange rate lower during the last three weeks.

Tue, 26 Jan 2021 05:56:34 GMT

USD/CHF 4H Chart: Bounces off support

The US Dollar has declined by 0.89% against the Swiss Franc since January 18. The currency pair tested the lower line of an ascending channel pattern at 0..8840 during last week's trading sessions.

Mon, 25 Jan 2021 10:49:53 GMT

EUR/CZK 4H Chart: Downside potential could prevail

The EUR/CZK exchange rate continued to trade within the medium-term descending channel.

Mon, 25 Jan 2021 10:39:31 GMT

EUR/PLN 4H Chart: Bulls could prevail in market

Since the middle of December, the EUR/PLN currency pair has been trading upwards, guided by an ascending trend line.

Mon, 25 Jan 2021 05:17:29 GMT

EUR/NZD 4H Chart: Likely to maintain channel

The common European currency has declined by 235 pips or 1.38% against the New Zealand Dollar since January 19. The currency pair breached the 50– and 100– period SMAs during last week.

Mon, 25 Jan 2021 05:15:47 GMT

AUD/NZD 4H Chart: Breakout occurs

The Australian Dollar has declined by 109 pips or 1.00% against the New Zealand Dollar since January 20. A breakout occurred through the lower line of an ascending channel pattern at 1.0770 during last week's trading sessions.

Fri, 22 Jan 2021 05:33:31 GMT

ETH/USD 4H Chart: Breakout could occur

Since January 19, the Ethereum cryptocurrency has declined by 26.73% against the US Dollar. The blockchain tested the lower boundary of an ascending channel pattern during the Asian session on Friday.

Fri, 22 Jan 2021 05:31:39 GMT

BTC/USD 4H Chart: Could target $20K

Since January 10, the Bitcoin cryptocurrency has declined by 30.14% against the US Dollar. The currency pair breached the $30,000 area during the Asian session on Friday.

Thu, 21 Jan 2021 05:36:33 GMT

GBP/JPY 4H Chart: Remains near 142.00

The British Pound has surged by 1.88% against the Japanese Yen since the beginning of January. The currency pair breached the 142.00 level during this week's trading sessions.

Thu, 21 Jan 2021 05:34:25 GMT

AUD/JPY 4H Chart: Two scenarios likely

The Australian Dollar has declined by 1.68% against the Japanese Yen since January 8. The currency pair tested a support cluster formed by the weekly S1 and the 100– period SMA at 79.50 on January 18.

Wed, 20 Jan 2021 12:16:09 GMT

XAG/USD 4H Chart: Two scenarios likely

Since the beginning of November, the XAG/USD exchange rate has been trading upwards within a rising wedge pattern.

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