Trade Pattern-Ideas

Note: This section contains information in English only.
Mon, 13 Jul 2020 04:58:01 GMT

EUR/CAD 4H: Buying signals

The Eurozone single currency has surged by 2.29% against the Canadian Dollar since the beginning of June. The currency pair breached the 50-, 100– and 200– period SMAs during this period.

Mon, 13 Jul 2020 04:54:56 GMT

EUR/AUD 4H Chart: Decline likely to continue

The common European currency has been declining in narrow descending channel pattern against the Australian Dollar since the middle of June. The currency pair has declined by 1.51% during the past two weeks.

Fri, 10 Jul 2020 11:36:21 GMT

EUR/CZK 1H Chart: Short-term increase expected

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

Fri, 10 Jul 2020 11:28:30 GMT

EUR/TRY 1H Chart: Ascending channel in sight

The EUR/TRY currency pair has been trading upwards within an ascending channel since the middle of June.

Fri, 10 Jul 2020 05:20:00 GMT

NZD/JPY 4H: Tests 50– period SMA

The New Zealand Dollar has surged by 179 pips or 2.60% against the Japanese Yen since the beginning of July. The currency pair tested the weekly resistance level at 70.71 during this week's trading sessions.

Fri, 10 Jul 2020 05:17:37 GMT

NZD/CAD 4H Chart: Buying bias

The New Zealand Dollar has surged by 177 basis points or 2.03% against the Canadian Dollar since the beginning of July. The currency pair breached the resistance cluster at 0.8893 on July 7.

Thu, 09 Jul 2020 11:11:39 GMT

EUR/SGD 1H Chart: Two scenarios likely

The EUR/SGD exchange rate has been trading upwards within a rising wedge pattern since the middle of June.

Thu, 09 Jul 2020 10:58:23 GMT

AUD/SGD 1H Chart: Rising wedge pattern in sight

The AUD/SGD currency pair has been trading within a rising wedge pattern since the middle of June.

Thu, 09 Jul 2020 04:32:40 GMT

CHF/JPY 4H: Could edge higher

The Swiss Franc is gradually edging higher in a narrow ascending channel pattern against the Japanese Yen. The currency pair has surged by 2.18% since the middle of June. 

Thu, 09 Jul 2020 04:31:02 GMT

CAD/CHF 4H Chart: Likely to maintain channel

The Canadian Dollar is currently trading in a narrow descending channel pattern against the Swiss Franc. The currency pair has declined by 1.60% since the middle of June. 

Wed, 08 Jul 2020 10:51:56 GMT

USD/ZAR 1H Chart: Descending triangle in sight

The USD/ZAR currency pair has been trading within a descending triangle pattern since the middle of June.

Wed, 08 Jul 2020 10:44:04 GMT

XAG/USD 1H Chart: Rising wedge pattern in sight

Silver has been appreciating against the US Dollar since the beginning of June within a rising wedge pattern.

Wed, 08 Jul 2020 05:45:39 GMT

GBR.IDX/GBP 4H: Breaks channel

The UK100, which measures the best 100 performing shares from the London Stock Exchange, has surged by 5.87% since the middle of June. The UK100 tested the 6300.00 level on July 6.

Wed, 08 Jul 2020 05:43:01 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 1.13% since last week's trading sessions. The index tested the psychological level at the 96.50 area on July 7. 

Tue, 07 Jul 2020 12:37:14 GMT

EUR/PLN 1H Chart: Rising wedge pattern in sight

The EUR/PLN exchange rate has been trading within a rising wedge pattern since the middle of June.

Tue, 07 Jul 2020 12:26:20 GMT

EUR/HUF 1H Chart: Two scenarios likely

As apparent on the chart, the EUR/HUF currency pair pierced the Fibo 23.60% at 335.21, however, failed to exceed the 357.50 level.

Tue, 07 Jul 2020 05:55:07 GMT

EUR/GBP 4H: Likely to maintain channel

The common European currency is gradually edging higher in an ascending channel pattern against the British Pound. The currency pair has surged by 5.56% since May 1.

Tue, 07 Jul 2020 05:53:38 GMT

USD/CHF 4H Chart: Decline likely to continue

The US Dollar versus the Swiss Franc is currently trading in a descending channel pattern. The currency pair has declined by 1.45% since last week's trading sessions.

Mon, 06 Jul 2020 10:05:09 GMT

USD/TRY 1H Chart: Two scenarios likely

The USD/TRY exchange rate has been consolidating at the 6.8600 level since the middle of June.

Mon, 06 Jul 2020 09:56:01 GMT

TRY/JPY 1H Chart: Descending channel in sight

The TRY/JPY currency pair has been trading downwards within a descending channel since the beginning of June.

Mon, 06 Jul 2020 05:42:23 GMT

EUR/NZD 4H: Selling bias

The common European currency has declined by 4.02% against the New Zealand Dollar since June 1. The currency pair was pressured lower by the 200– period simple moving average.

Mon, 06 Jul 2020 05:36:09 GMT

AUD/NZD 4H Chart: Likely to maintain channel

The Australian Dollar has declined by 2.22% against the New Zealand Dollar since June 2. The currency pair is currently trading in a narrow descending channel pattern.

Fri, 03 Jul 2020 11:36:23 GMT

EUR/DKK 1H Chart: Falling wedge pattern in sight

The EUR/DKK exchange rate continued to decline within the falling wedge pattern. The rate has already tumbled below the 7.4540 level.

Fri, 03 Jul 2020 11:25:44 GMT

USD/DKK 1H Chart: Two scenarios likely

The USD/DKK currency pair has been trading upwards gradually since the beginning of June. Note that the pair is guided by an ascending trend line.

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