Trade Pattern-Ideas

Note: This section contains information in English only.
Mon, 24 Aug 2020 11:00:12 GMT

USD/MXN 4H Chart: Descending channel in sight

The USD/MXN currency pair has been trading downwards within a descending channel since the beginning of July.

Mon, 24 Aug 2020 10:51:49 GMT

XAG/USD 4H Chart: Two scenarios likely

The XAG/USD exchange rate has been trading upwards guided by an ascending trend line since the end of July.

Mon, 24 Aug 2020 05:42:31 GMT

EUR/NZD 4H Chart: Tests 50– period SMA

The single European currency has edged higher by 2.73% against the New Zealand Dollar since the past two weeks. The currency pair tested the 1.8200 level on August 20.

Mon, 24 Aug 2020 05:40:01 GMT

AUD/NZD 4H Chart: Bulls could prevail

The 50– period simple moving average has guided the Australian Dollar higher against the New Zealand Dollar since the beginning of August.

Thu, 20 Aug 2020 10:46:13 GMT

EUR/RUB 4H Chart: Two scenarios likely

The EUR/RUB exchange rate has been trading upwards since the end of June after it re-tested the 77.00 level.

Thu, 20 Aug 2020 10:33:54 GMT

USD/RUB 4H Chart: Short-term advance expected

The USD/RUB currency pair has been appreciating since the end of June after it reversed north from the Fibo 50.00% at 68.84.

Thu, 20 Aug 2020 05:46:26 GMT

GBP/JPY 4H Chart: Two scenarios likely

The British Pound has surged by 1.78% against the Japanese Yen since the beginning of August. The currency pair tested the 140.00 mark during last week's trading session.

Thu, 20 Aug 2020 05:44:05 GMT

AUD/JPY 4H Chart: Breakout occurs

The Australian Dollar has surged by 2.07% against the Japanese Yen since the beginning of August. The currency pair breached the lower boundary of an ascending channel pattern during yesterday's trading session.

Wed, 19 Aug 2020 10:46:44 GMT

USD/ILS 4H Chart: Two scenarios likely

The USD/ILS exchange rate has been trading within a falling wedge pattern since the beginning of June.

Wed, 19 Aug 2020 10:36:00 GMT

USD/SGD 4H Chart: Descending channel in sight

The USD/SGD currency pair has been trading downwards within a descending channel since the end of July.

Wed, 19 Aug 2020 05:32:55 GMT

BRENT.CMD/USD 4H Chart: Could edge higher

The benchmark for crude oil price Brent has surged by 3.43% since last week's trading sessions. The 50– period simple moving average provided support for the commodity last week.

Wed, 19 Aug 2020 05:27:48 GMT

LIGHT.CMD/USD 4H Chart: Likely to trade sideways

The light crude oil prices have surged by 3.37% since last week's trading sessions. The commodity breached the weekly resistance level at 43.00 on August 18.

Tue, 18 Aug 2020 10:08:40 GMT

USD/THB 4H Chart: Two scenarios likely

The USD/THB exchange rate has been consolidating within an ascending triangle pattern since the beginning of August.

Tue, 18 Aug 2020 09:56:05 GMT

USD/CNH 4H Chart: Falling wedge pattern in sight

The USD/CNH currency pair has been trading within a falling wedge pattern since the end of July.

Tue, 18 Aug 2020 05:24:42 GMT

GBP/AUD 4H Chart: Tests channel pattern

The Pound Sterling has declined by 1.17% against the Australian Dollar since last week's trading sessions. The currency pair tested the bottom line of an ascending channel pattern on Tuesday morning.

Tue, 18 Aug 2020 05:19:50 GMT

GBP/CAD 4H Chart: Breakout could occur

The British Pound has declined by 1.93% against the Canadian Dollar since the beginning of August. The currency pair tested the lower boundary of an ascending channel pattern at 1.7250 on August 14.

Mon, 17 Aug 2020 10:00:52 GMT

TRY/JPY 4H Chart: Downside potential could prevail

The TRY/JPY exchange rate has been declining actively since the end of July. Currently, the rate is testing the psychological level at 14.35.

Mon, 17 Aug 2020 09:49:04 GMT

CAD/JPY 4H Chart: Two scenarios likely

The CAD/JPY currency pair has been trading upwards since the beginning of August when it reversed north from the 77.65 level.

Mon, 17 Aug 2020 05:44:25 GMT

EUR/AUD 4H Chart: Two scenarios likely

The common European currency has surged by 183 pips or 1.12% against the Australian Dollar since last week's trading sessions. The currency pair bounced off the bottom border of an ascending channel pattern at 1.6354 on August 11. 

Mon, 17 Aug 2020 05:42:38 GMT

EUR/CAD 4H Chart: Breakout could occur

The single European currency has declined by 229 pips or 1.45% against the Canadian Dollar since last week's trading sessions. The currency pair tested the lower boundary of an ascending channel pattern at 1.5597.

Fri, 14 Aug 2020 10:26:54 GMT

AUD/CAD 4H Chart: Bulls could continue to prevail

The AUD/CAD exchange rate has been trading within an ascending channel since the beginning of June.

Fri, 14 Aug 2020 10:18:38 GMT

AUD/CHF 4H Chart: Falling wedge pattern in sight

The AUD/CHF currency pair has been trading within a falling wedge pattern since the middle of July.

Fri, 14 Aug 2020 05:04:08 GMT

NZD/JPY 4H Chart: Decline likely to continue

The New Zealand Dollar has been depreciating in a descending channel pattern against the Japanese Yen since the middle of July. The currency pair breached the 70.00 mark last week.

Fri, 14 Aug 2020 05:02:31 GMT

NZD/CAD 4H Chart: Breakout occurs

The New Zealand Dollar has declined by 3.98% against the Canadian Dollar since July 31. A breakout occurred through the lower boundary of an ascending channel pattern during this week's trading sessions.

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