Trade Pattern-Ideas

Note: This section contains information in English only.
Fri, 26 Oct 2018 06:22:52 GMT

GBP/JPY 4H Chart: Moving towards August swing low

The Pound Sterling started to depreciate against the Japanese Yen after hitting the upper boundary of a dominant descending channel pattern at 149.50. This decline began on October 9 and had since reached a one-month low level of 143.93.

Fri, 26 Oct 2018 06:20:46 GMT

GBP/CHF 4H Chart: Potential decline

The British Pound began to appreciate against the Swiss Franc after reaching the lower boundary of a long-term descending channel at 1.2400. this surge started early September and had since reached near July swing high of 1.3229.

Thu, 25 Oct 2018 05:57:59 GMT

EUR/NZD 4H Chart: Nears resistance cluster

The common European currency has lost about 3.20% of its values against the New Zealand Dollar since the first week of October. This decline started after the currency pair made a U-turn south from the upper boundary of a long-term ascending channel at 1.7933 on October 8.

Thu, 25 Oct 2018 05:55:36 GMT

USD/CHF 4H Chart: Remains near 1.00

The US Dollar has increased its trading range against the Swiss Franc after the currency pair reversed from the lower boundary of a long-term ascending channel at 0.9550.

Wed, 24 Oct 2018 05:37:06 GMT

AUD/NZD 4H Chart: Short-term surge likely

The Australian Dollar has depreciated significantly against the New Zealand Dollar after the currency pair made a U-turn south from the upper boundary of a two-week descending channel at 1.0986 on October 10.

Wed, 24 Oct 2018 05:35:19 GMT

AUD/JPY 4H Chart: Likely breakout

The Australian Dollar has declined massively against the Japanese Yen after the currency pair reversed from the upper boundary of a three-week descending channel pattern at 82.50 on October 2.

Tue, 23 Oct 2018 11:42:13 GMT

USD/SEK 1H Chart: Bullish momentum likely

Upside risks prevailed in the market, thus sending the US Dollar 4.25% higher against the Swedish Krona. Half of these gains have erased since beginning of October, as the pair returned near 8.9000.

Tue, 23 Oct 2018 11:40:03 GMT

EUR/PLN 1H Chart: Symmetrical triangle in sight

The EUR/PLN currency pair has been trading in symmetrical triangle since the beginning of July. Also, the pair reversed from the upper pattern line located near 4.3282.

Tue, 23 Oct 2018 07:48:03 GMT

NZD/CHF 4H Chart: Moving towards 50-hour SMA

The New Zealand Dollar has appreciated massively against the Swiss Franc since the middle of September after the currency pair reversed from the lower boundary of a four-week ascending channel at 0.6333.

Tue, 23 Oct 2018 07:46:30 GMT

AUD/CHF 4H Chart: Breaches SMAs

The Australian Dollar has been appreciating against the Swiss Franc after the currency pair bounced off the lower boundary of a seven-week ascending channel at 0.6850.

Mon, 22 Oct 2018 13:05:39 GMT

USD/PLN 1H Chart: Short-term channel in sight

The US Dollar has been depreciating slightly against the Polish Zloty since the beginning of October. This movement has been bounded in a descending channel.

Mon, 22 Oct 2018 13:01:30 GMT

ZAR/JPY 1H Chart: Two scenarios likely

The ZAR/JPY currency pair has re-tested the upper boundary of a medium-term ascending channel twice since the beginning of October.

Mon, 22 Oct 2018 06:33:10 GMT

EUR/CAD 4H Chart: Two scenarios likely

Upside risks have dominated the EUR/CAD currency pair since the rate pullback from the lower boundary of a two-week ascending channel at 1.4769.

Mon, 22 Oct 2018 06:31:04 GMT

EUR/AUD 4H Chart: Possible breakout

The Australian Dollar has been appreciating against the common European currency after the exchange rate made a U-turn from a resistance level at 1.6350. This decline has been bounded by a descending channel.

Fri, 19 Oct 2018 12:36:35 GMT

EUR/RUB 1H Chart: Downside potential likely

The common European currency has declined significantly against the Russian Ruble after the pair reversed from the upper boundary of a long-term ascending channel at 81.77.

Fri, 19 Oct 2018 12:34:00 GMT

EUR/CZK 1H Chart: Rising wedge in sight

The Euro has been appreciating against the Czech Koruna after the currency pair reversed from the lower boundary of a long-term ascending channel at 25.43.

Fri, 19 Oct 2018 06:03:11 GMT

CHF/JPY 4H Chart: Trades in narrow channel

The Swiss Franc has been trading in a narrow descending channel against the Japanese Yen. This decline began after the currency pair hit a resistance level formed by the weekly R1 at 117.96.

Fri, 19 Oct 2018 06:01:17 GMT

CAD/JPY 4H Chart: SMAs crossover signals

The Canadian Dollar began to depreciate against the Japanese Yen after hitting a resistance level formed by the weekly R2 at 88.94. This decline started on October 2 and had since fallen by 3.87%.

Thu, 18 Oct 2018 13:39:56 GMT

USD/THB 1H Chart: Bearish momentum

The US Dollar has been depreciating against the Thai Baht in a short-term descending channel after the exchange rate reversed from the upper boundary of a long-term descending channel at 33.05.

Thu, 18 Oct 2018 13:35:51 GMT

AUD/SGD 1H Chart: Strong support found

Upside risks dominated the AUD/SGD currency pair, thus sending the Australian Dollar 0.92% higher against the Singapore Dollar. This gradual increase in price began at the beginning of October when the rate reversed from the bottom boundary of falling wedge.

Thu, 18 Oct 2018 06:33:18 GMT

EUR/NZD 4H Chart: Likely breakout

The single European currency began appreciating against the New Zealand Dollar mid-June when it reversed from the lower boundary of a long-term ascending channel at 1.6600.

Thu, 18 Oct 2018 06:30:25 GMT

EUR/GBP 4H Chart: Targets at 0.8824

The EUR/GBP exchange rate has been trading in a descending channel since the end of August. The common European currency made a U-turn south from the upper boundary of the descending channel pattern at 0.9086 on August 28 and had since reached a five-month low level at 0.8731.

Wed, 17 Oct 2018 12:42:22 GMT

USD/ILS 1H Chart: Pair waits bullish confirmation

Upside risks dominated the USD/ILS exchange rate after the pair reversed from the lower boundary of a long-term ascending channel located at 3.5750.

Wed, 17 Oct 2018 12:39:49 GMT

EUR/HUF 1H Chart: Slight downside potential

The Hungarian Forint has been appreciating against the Euro after the currency pair reversed from the upper boundary of a medium-term descending channel at 328.42. This movement has been bounded in a short-term ascending channel.

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