Trade Pattern-Ideas

Note: This section contains information in English only.
Mon, 21 Dec 2020 11:39:01 GMT

TRY/JPY 4H Chart: Symmetrical triangle pattern in sight

Since the beginning of November, the TRY/JPY currency pair has been trading within a symmetrical triangle pattern.

Mon, 21 Dec 2020 06:25:36 GMT

EUR/CAD 4H Chart: Bounces off support

The single European currency versus the Canadian Dollar bounced off the lower boundary of an ascending channel pattern at 1.5400 on December 10. As a result, the exchange rate has surged by 1.56% during this period.

Mon, 21 Dec 2020 06:22:06 GMT

EUR/AUD 4H Chart: Decline likely to continue

The common European currency has declined by 2.48% against the Australian Dollar since the beginning of December. The currency pair tested the 1.6000 level during last week's trading sessions.

Fri, 18 Dec 2020 12:07:42 GMT

EUR/SGD 4H Chart: Ascending channel in sight

Since the end of October, the EUR/SGD exchnage rate has been appreciating within an ascending channel.

Fri, 18 Dec 2020 11:58:17 GMT

AUD/SGD 4H Chart: Two scenarios likely

Since October, the AUD/SGD currency pair has been trading within a rising wedge pattern.

Fri, 18 Dec 2020 06:38:28 GMT

NZD/JPY 4H Chart: Breakout could occur

The New Zealand Dollar has edged higher by 3.20% against the Japanese Yen since the middle of November. The currency pair tested the 74.00 level on December 10.

Fri, 18 Dec 2020 06:33:29 GMT

NZD/CAD 4H Chart: Buying signals

The New Zealand Dollar has surged by 1.35% against the Canadian Dollar since last week's trading sessions. The currency pair breached the 0.9100 level on December 17.

Thu, 17 Dec 2020 11:17:15 GMT

EUR/CZK 4H Chart: Downside potential could prevail

Since the beginning of November, the EUR/CZK exchange rate has been trading downwards within a descending channel.

Thu, 17 Dec 2020 10:55:00 GMT

EUR/PLN 4H Chart: Bears could prevail

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

Thu, 17 Dec 2020 06:13:10 GMT

CHF/JPY 4H Chart: Could break channel

The Swiss Franc has been edging higher in an ascending channel pattern against the Japanese Yen since December 1. The CHF/JPY currency pair has surged by 2.64% during this period.

Thu, 17 Dec 2020 06:09:18 GMT

CAD/CHF 4H Chart: Selling signals

The Canadian Dollar has surged by 1.05% against the Swiss Franc since December 1. The currency pair tested the upper line of a descending channel pattern at 0.6973 on December 16.

Wed, 16 Dec 2020 11:57:54 GMT

USD/CNH 4H Chart: Downside potential could prevail

The USD/CNH currency pair continued to decline within the medium-term descending channel.

Wed, 16 Dec 2020 11:51:54 GMT

XAG/USD 4H Chart: Bulls could prevail

Since the beginning of October, the XAG/USD exchange rate has been trading within an ascending channel.

Wed, 16 Dec 2020 06:30:23 GMT

GBR.IDX/GBP 4H Chart: Two scenarios likely

The UK100, which measures the best 100 performing shares from the London Stock Exchange, has surged by 5.58% since last December 1. The index tested the weekly R1 at 6634.53 on December 10.

Wed, 16 Dec 2020 06:27:57 GMT

DOLLAR.IDX/USD 4H Chart: Bears likely to prevail

The dollar index, which measures the US Dollar against a basket of major currencies, has been declining in a descending channel pattern since the beginning of November. The index has declined by 1.69% since December 1.

Tue, 15 Dec 2020 11:52:27 GMT

USD/PLN 4H Chart: Bears could prevail

Since the beginning of November, the USD/PLN exchange rate has been trading downwards, guided by a descending trend line.

Tue, 15 Dec 2020 11:40:27 GMT

USD/TRY 4H Chart: Two scenarios likely

Since the end of November, the USD/TRY currency pair has been testing the resistance provided by the 200-period moving average near 8.0000.

Tue, 15 Dec 2020 05:41:10 GMT

EUR/GBP 4H Chart: Could continue to surge

The Eurozone single currency has surged by 2.85% against the British Pound since the beginning of December.

Tue, 15 Dec 2020 05:39:20 GMT

USD/CHF 4H Chart: Breakout could occur

The US Dollar has declined by 2.29% against the Swiss Franc since the beginning of December. The currency pair was pressured lower by the 50– period simple moving average.

Mon, 14 Dec 2020 12:00:37 GMT

EUR/DKK 4H Chart: Long-term channel in sight

Since August, the EUR/DKK exchange rate has been trading upwards within an ascending channel.

Mon, 14 Dec 2020 11:52:13 GMT

USD/DKK 4H Chart: Two scenarios likely

Since the end of October, the USD/DKK currency pair has been trading within a rising wedge pattern.

Mon, 14 Dec 2020 06:23:13 GMT

EUR/NZD 4H Chart: Could maintain channel

The common European currency has been edging lower in a three-month descending channel pattern against the New Zealand Dollar. The currency pair hit 2020 low level at 1.6966 during last week's trading sessions.

Mon, 14 Dec 2020 06:21:25 GMT

AUD/NZD 4H Chart: Buying signals

The Australian Dollar has surged by 2.11% against the New Zealand Dollar since the beginning of December. The currency pair breached the 50-, 100– and 200– period SMAs during last week's trading sessions.

Fri, 11 Dec 2020 13:09:10 GMT

EUR/RUB 4H Chart: Falling wedge pattern in sight

Since the end of October, the EUR/RUB currency pair has been declining within a falling wedge pattern.

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