Trade Pattern-Ideas

Note: This section contains information in English only.
Wed, 03 Feb 2021 05:48:29 GMT

BRENT.CMD/USD 4H Chart: Buy signals

The Brent crude oil prices have surged by 5.94% since January 22. The commodity breached the $58.00 mark during yesterday's trading session. 

Tue, 02 Feb 2021 11:12:25 GMT

SGD/JPY 4H Chart: Upside potential could prevail

As apparent on the chart, the SGD/JPY exchange rate breached the ascending triangle pattern north.

Tue, 02 Feb 2021 11:03:31 GMT

USD/SGD 4H Chart: Two scenarios likely

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

Tue, 02 Feb 2021 05:48:56 GMT

GBP/CAD 4H Chart: Could edge higher

The British Pound has edged higher by 2.35% against the Canadian Dollar since January 21. The currency pair breached the 1.7600 level during last week's trading sessions.

Tue, 02 Feb 2021 05:46:16 GMT

GBP/AUD 4H Chart: Bulls could prevail

The Pound Sterling has surged by 2.32% against the Australian Dollar since January 21. The GBP/AUD currency pair tested the 1.8000 level during last week's trading sessions.

Mon, 01 Feb 2021 15:33:03 GMT

EUR/CHF 4H Chart: Bears could prevail in short run

Since the end of December, the EUR/CHF exchange rate has been trading within a descending channel.

Mon, 01 Feb 2021 15:24:01 GMT

EUR/TRY 4H Chart: Short-term decline expected

Since the beginning of January, the EUR/TRY currency pair has been trading downwards, pressured by a descending trend line.

Mon, 01 Feb 2021 05:53:53 GMT

EUR/CAD 4H Chart: Bulls likely to prevail

The Eurozone single currency has surged by 1.90% against the Canadian Dollar since January 21. The surge was stopped by the 200– period simple moving average last week.

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.

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