- Mon, 14 Sep 2020 10:37:45 GMT
AUD/CAD 4H Chart: Rising wedge pattern in sight
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇗⇒ [ANNOUNCE] The AUD/CAD currency pair has been trading upwards within a rising wedge pattern since the beginning of August. [/ANNOUNCE] From a theoretical point of view, it is likely that some upside potential could prevail in the market, and the exchange rate could trade within the given pattern within the following trading sessions. Then, a
- Mon, 14 Sep 2020 05:35:21 GMT
EUR/AUD 4H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)NeutralSellSell SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇘ [ANNOUNCE]The EUR/JPY currency pair traded between the range of 1.6200/1.6346 during last week's trading session. The 100– period SMA provided resistance at 1.6346, while the 50– hour simple moving average provided support for the exchange rate at 1.6224.[/ANNOUNCE]As for the near future, the Australian Dollar could continue to strengthen against the common European
- Mon, 14 Sep 2020 05:34:05 GMT
EUR/CAD 4H Chart: Buying signals
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)BuyNeutralBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇑ [ANNOUNCE]The common European currency has surged by 193 pips or 1.25% against the Canadian Dollar since September 3. The currency pair tested the 200– period simple moving average at 1.5636 on September 10.[/ANNOUNCE]The exchange rate is currently trading near the upper boundary of a descending channel pattern and could be set for a breakout.If
- Fri, 11 Sep 2020 12:20:08 GMT
HKD/JPY 4H Chart: Bulls could prevail
4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyNeutralSell SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇘ [ANNOUNCE] The HKD/JPY exchange rate has been trading sideways within a symmetrical triangle pattern since the middle of August. [/ANNOUNCE] Given that the currency pair is supported by the 55-, 100– and 200-period SMAs in the 13.60 area, it is likely that a breakout north could occur in the nearest future. In this case
- Fri, 11 Sep 2020 12:02:58 GMT
SGD/JPY 4H Chart: Ascending channel in sight
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)NeutralBuyNeutral SAR(0.02;0.2)BuySellBuy Aggregate⇒⇒⇗ [ANNOUNCE] The SGD/JPY currency pair has been appreciating within an ascending channel since the end of August. [/ANNOUNCE] From a theoretical point of view, it is likely that some upside potential could prevail in the market, and the exchange rate could continue to trade within the given channel in the medium term. Note that the rate
- Fri, 11 Sep 2020 05:13:04 GMT
NZD/JPY 4H Chart: Buying signals
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)BuySellBuy Aggregate⇒⇒⇗ [ANNOUNCE]The New Zealand Dollar has declined by 190 pips or 2.63% against the Japanese Yen since the beginning of September. The currency pair tested the lower boundary of an ascending channel pattern at 70.00 on September 10.[/ANNOUNCE]The exchange rate bounced off the bottom line of the channel pattern during Thursday's trading session. Most
- Fri, 11 Sep 2020 05:11:11 GMT
NZD/CAD 4H Chart: Could break channel
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)SellBuySell Aggregate⇘⇗⇒ [ANNOUNCE]The New Zealand Dollar has been trading in an ascending channel pattern against the Canadian Dollar since the middle of August. The currency pair tested the 0.8850 level last week.[/ANNOUNCE]All things being equal, the exchange rate could continue to edge higher during the following trading sessions. The potential target for bullish traders would be
- Thu, 10 Sep 2020 10:31:16 GMT
NZD/CHF 4H Chart: Two scenarios likely
4H1D1W MACD(12;26;9)SellBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellBuyNeutral SAR(0.02;0.2)SellSellSell Aggregate⇘⇒⇘ [ANNOUNCE] The NZD/CHF exchange rate has been declining within a falling wedge pattern since the beginning of September. [/ANNOUNCE] From a theoretical perspective, it is likely that the currency pair could trade downwards within the given pattern within the following trading sessions. Then, a breakout north could occur. Meanwhile, note that the exchange rate is
- Thu, 10 Sep 2020 10:14:41 GMT
CHF/SGD 4H Chart: Downside potential could prevail
Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)SellNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)BuySellBuy SAR(0.02;0.2)BuySellBuy Aggregate⇒⇘⇗ [ANNOUNCE] The CHF/SGD currency pair has been declining within a descending channel since the end of August. [/ANNOUNCE] From a theoretical point of view, it is likely that some downside potential could prevail in the market, and the exchange rate could continue to decline within the given channel in the medium term. On the other hand,
- Thu, 10 Sep 2020 03:44:54 GMT
CHF/JPY 4H Chart: Breakout occurs
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)NeutralNeutralBuy SAR(0.02;0.2)BuySellBuy Aggregate⇒⇒⇗ [ANNOUNCE]The Swiss Franc declined by 137 pips or 1.17% against the Japanese Yen during last week's trading sessions. A breakout occurred through the lower boundary of an ascending channel pattern on September 7.[/ANNOUNCE]Given that a breakout had occurred, the exchange rate could continue to trend lower during the following trading sessions. The potential
- Thu, 10 Sep 2020 03:43:10 GMT
CAD/CHF 4H Chart: Bears could prevail
Indicator4H1D1W MACD(12;26;9)SellBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellBuySell SAR(0.02;0.2)SellSellSell Aggregate⇘⇒⇘ [ANNOUNCE]The Canadian Dollar has been trading in an ascending channel pattern against the Swiss Franc since the beginning of August. The currency pair breached the lower line of the channel on September 9.[/ANNOUNCE]Technical indicators suggest selling signals on the 4H time-frame chart, most likely, bears could pressure the CAD/CHF exchange rate lower during the
- Wed, 09 Sep 2020 11:05:06 GMT
AUD/NZD 4H Chart: Two scenarios likely
4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyNeutralBuy SAR(0.02;0.2)BuySellBuy Aggregate⇗⇒⇗ [ANNOUNCE] Since the end of August, the AUD/NZD exchange rate has been declining, guided by a descending trend line. [/ANNOUNCE] From a theoretical perspective, it is likely that some downside potential could continue to prevail in the market, and the currency pair could target the Fibo 38.20% located at 1.0656. On the other hand, it
- Wed, 09 Sep 2020 10:51:43 GMT
EUR/NZD 4H Chart: Falling wedge pattern in sight
Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuySellBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇘⇗ [ANNOUNCE] The EUR/NZD currency pair has been trading downwards within a falling wedge pattern since the beginning of August. [/ANNOUNCE] From a theoretical point of view, it is likely that the exchange rate could continue to decline within the given pattern within the following trading sessions. Then, a breakout north could occur. In the meantime,
- Wed, 09 Sep 2020 05:23:46 GMT
GBR.IDX/GBP 4H Chart: Bounces off support
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)NeutralSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇘ [ANNOUNCE]The 50– period simple moving average has pressure the UK100 index lower since the end of August. The pair tested the weekly support level at 5780.4 during last week's trading sessions.[/ANNOUNCE]The GBR.IDX/GBP pair bounced off the weekly S1 at 5780.4 during this week's trading sessions. Most likely, the pair will continue to edge
- Wed, 09 Sep 2020 05:22:05 GMT
DOLLAR.IDX/USD 4H Chart: Buying signals
Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)SellNeutralBuy Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyNeutralSell SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇘ [ANNOUNCE]The dollar index, which measures the US Dollar against a basket of major currencies, has surged by 179 pips or 1.95% since the beginning of September. The currency pair breached the 50-, 100– and 200– period SMAs.[/ANNOUNCE]All things being equal, the index will most likely continue to trend bullish during the following trading sessions.
- Tue, 08 Sep 2020 10:47:41 GMT
GBP/NZD 4H Chart: Short-term decline expected
4H1D1W MACD(12;26;9)SellBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellNeutralSell SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇒ [ANNOUNCE] Since the end of August, the GBP/NZD exchange rate has been trading downwards, guided by a descending trend line. [/ANNOUNCE] It is likely that some downside potential could prevail in the market, as the currency pair is pressured by the 55– and 100-period moving averages in the 1.9900 area. In this case
- Tue, 08 Sep 2020 10:27:00 GMT
GBP/CHF 4H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)SellBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellBuyNeutral SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇒ [ANNOUNCE] The GBP/CHF currency pair has been trading within an ascending channel since the beginning of August. [/ANNOUNCE] From a theoretical point of view, it is likely that some upside potential could prevail in the market, as the exchange rate could continue to trade within the given channel in the medium term. In the meantime, note
- Tue, 08 Sep 2020 06:33:46 GMT
EUR/GBP 4H Chart: Breakout could occur
Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)BuySellBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇗ [ANNOUNCE]The common European currency has surged by 124 pips or 1.40% against the British Pound since September 1. The currency pair breached 50– and 100– hour SMAs during this period.[/ANNOUNCE]Currently, the exchange rate is trading near the upper boundary of a descending channel pattern. If the channel pattern holds, bearish traders could pressure the
- Tue, 08 Sep 2020 06:30:06 GMT
USD/CHF 4H Chart: Breakout occurs
Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)SellNeutralBuy Stochastic(5;3;3)SellSellNeutral Alligator(13;8;5)BuyNeutralSell SAR(0.02;0.2)BuyBuySell Aggregate⇒⇒⇘ [ANNOUNCE]The US Dollar has surged by 177 pips or 1.96% against the Swiss Franc since September 1. The currency pair breached the upper boundary of a descending channel pattern on September 7.[/ANNOUNCE]Given that a breakout had occurred, bullish traders could continue to pressure the exchange rate higher during the following trading sessions. The potential
- Mon, 07 Sep 2020 10:19:09 GMT
USD/SEK 4H Chart: Downside potential could prevail
4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralBuy Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyNeutralSell SAR(0.02;0.2)SellBuySell Aggregate⇒⇒⇘ [ANNOUNCE] The USD/SEK exchange rate has been trading downwards within a descending channel since the middle of August. [/ANNOUNCE] From a theoretical perspective, it is likely that some downside potential could continue to prevail in the market, and the exchange rate could continue to decline within the given channel. Meanwhile, it is unlikely that
- Mon, 07 Sep 2020 10:06:09 GMT
EUR/SEK 4H Chart: Bulls could prevail
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE] The EUR/SEK currency pair has been trading upwards within an ascending channel since the beginning of August. [/ANNOUNCE] From a theoretical point of view, it is likely that some upside potential could continue to prevail in the market, and the exchange rate could continue to trade within the given channel. In this case the
- Mon, 07 Sep 2020 06:48:04 GMT
EUR/NZD 4H Chart: Selling signals
Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)NeutralSellBuy SAR(0.02;0.2)BuySellBuy Aggregate⇒⇘⇗ [ANNOUNCE]The common European currency has declined by 4.22% against the New Zealand Dollar since the middle of August. The currency pair breached the 1.7500 level during Friday's trading sessions.[/ANNOUNCE]As for the near future, the EUR/NZD exchange rate could continue to edge lower. Bearish traders are likely to target the 1.7400 level during the
- Mon, 07 Sep 2020 06:43:02 GMT
AUD/NZD 4H Chart: Decline likely to continue
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)BuySellBuy Aggregate⇒⇒⇒ [ANNOUNCE]The Australian Dollar has declined by 2% against the New Zealand Dollar since the middle of August. The currency pair breached the 200– period simple moving average during last week's trading sessions.[/ANNOUNCE]All things being equal, the AUD/NZD exchange rate could continue to edge lower. A breakout through the lower boundary of a descending channel
- Fri, 04 Sep 2020 10:41:08 GMT
USD/NOK 4H Chart: Bears could prevail in market
4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralBuy Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellSell SAR(0.02;0.2)SellBuySell Aggregate⇒⇒⇘ [ANNOUNCE] The USD/NOK exchange rate has been trading downwards within a descending channel since the end of August. [/ANNOUNCE] From a theoretical perspective, it is likely that some downside potential could prevail in the market, and the currency pair could continue to trade within the given channel. Meanwhile, it is unlikely that bulls could prevail