Trade Pattern-Ideas

Note: This section contains information in English only.
Tue, 29 Oct 2019 12:12:15 GMT

USD/ZAR 1H Chart: Descending triangle pattern in sight

The USD/ZAR currency pair has been trading downwards since the beginning of October when it reversed south from the upper boundary of the descending triangle pattern at 15.40.

Tue, 29 Oct 2019 12:11:11 GMT

USD/PLN 1H Chart: Two scenarios likely

The US Dollar has been depreciating against the Polish Zloty since the beginning of October. As apparent on the chart, the USD/PLN exchange rate is trading at the 3.8540 level.

Tue, 29 Oct 2019 07:27:07 GMT

GBP/CAD 4H Chart: Slight decline expected

The British Pound has appreciated by about 4.72% in value against the Canadian Dollar since October 10. The currency pair breached May 31 high level at 1.7093 during last week's trading sessions.

Tue, 29 Oct 2019 07:25:22 GMT

GBP/AUD 4H Chart: Brief retracement likely

The Pound Sterling has been appreciating in an ascending channel pattern against the Australian Dollar. The surge began after the currency pair reversed from its lower boundary at 1.8100 on October 10.

Mon, 28 Oct 2019 15:20:45 GMT

HKD/JPY 1H Chart: Rising wedge pattern in sight

The Hong Kong Dollar has been appreciating against the Japanese Yen since the beginning of September. This movement has been bounded in the rising wedge pattern.

Mon, 28 Oct 2019 15:19:22 GMT

ZAR/JPY 1H Chart: Long-term channel in sight

The South African Rand has been appreciating against the Japanese Yen since the beginning of August when the ZAR/JPY currency pair reversed north from the lower boundary of the long-term descending channel at 6.80 (1D time-frame chart).

Mon, 28 Oct 2019 06:45:21 GMT

EUR/CAD 4H Chart: Decline could continue

The Eurozone single currency has depreciated about 1.43% in value against the Canadian Dollar since October 11. The currency pair breached the 50-, 100– and 200– SMAs during this period.

Mon, 28 Oct 2019 06:43:22 GMT

EUR/AUD 4H Chart: Tests 200-period SMA

The European single currency has depreciated about 1.07% in value against the Australian Dollar since October 16. The decline was stopped by a support level formed by the 200– period simple moving average at 1.6232 during Friday's trading session.

Fri, 25 Oct 2019 14:20:24 GMT

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

The USD/NOK exchange rate continued to trade within the rising wedge pattern (1D time-frame). Currently, the rate is trading at the 9.1800 mark.

Fri, 25 Oct 2019 14:19:15 GMT

USD/SEK 1H Chart: Short-term decline expected

The US Dollar has been depreciating against the Swedish Krona since the beginning of October when the USD/SEK currency pair reversed south from the upper boundary of the long-term ascending channel (1D time-frame chart).

Thu, 24 Oct 2019 14:42:00 GMT

AUD/CHF 1H Chart: Monthly trend in sight

The Australian Dollar has been appreciating against Swiss Franc since the beginning of October. This movement has been bounded within the ascending channel.

Thu, 24 Oct 2019 14:39:54 GMT

CHF/SGD 1H Chart: Downside potential could prevail

Since the beginning of October, the Swiss Franc has been depreciating against the Singapore Dollar, while the CHF/SGD exchange rate has been trading down along the upper boundary of the long-term descending channel (4H time-frame chart).

Thu, 24 Oct 2019 05:58:55 GMT

EUR/CHF 4H Chart: Bulls could continue to prevail

The common European currency has been edging higher in an ascending channel pattern against the Swiss Franc since the beginning of October. The currency pair has surged by 1.42% in value since October 10.

Thu, 24 Oct 2019 05:49:52 GMT

AUD/CAD 4H Chart: Could edge lower

The Australian Dollar is gradually edging up against the Canadian Dollar in a junior ascending channel pattern. The currency pair appreciated about 1.27% in value during last week's trading sessions. However, the price was unable to surpass a significant resistance level at 0.9003.

Wed, 23 Oct 2019 15:53:57 GMT

EUR/SEK 1H Chart: Short-rem decline expected

The Euro has been depreciating against the Swedish Krona since the beginning of October when the EUR/SEK exchange rate reversed south from the upper boundary of the rising wedge pattern (1D time-frame chart).

Wed, 23 Oct 2019 15:51:25 GMT

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

The Euro has been appreciating against the Norwegian Krone since the beginning of October when the EUR/NOK currency pair reversed north from the upper boundary of the ascending wedge pattern.

Wed, 23 Oct 2019 06:00:36 GMT

NZD/JPY 4H Chart: Potential upside reversal

The NZD/JPY currency pair has appreciated about 4.44% in value since the beginning of October. The currency pair tested a psychological resistance level at 70.00 during yesterday's trading session.

Wed, 23 Oct 2019 05:58:44 GMT

CAD/JPY 4H Chart: Expects slight decline

The Canadian Dollar has appreciated about 3.40% in value against the Japanese Yen since October 10. The currency pair tested July 2019 high level at 83.02 during yesterday's trading session.

Tue, 22 Oct 2019 05:46:27 GMT

GBR.IDX/GBP 4H Chart: Faces 55– period SMA

The UK 100 has appreciated about 1.91% in value against the Pound Sterling since October 3.

Tue, 22 Oct 2019 05:43:27 GMT

Dollar.IDX/USD 4H Chart: Short-term advance likely

The dollar index has depreciated about 2.22% in value against the US Dollar since October 1. The currency pair breached August 2019 support level at 97.21 during last week's trading sessions.

Mon, 21 Oct 2019 16:15:09 GMT

EUR/SGD 1H Chart: Ascending triangle pattern in sight

The EUR/SGD currency pair has been trading within the ascending triangle pattern since the end of September.

Mon, 21 Oct 2019 16:13:37 GMT

EUR/TRY 1H Chart: Two scenarios likely

The Euro has been appreciating against the Turkish Lira since the beginning of October when the EUR/TRY currency pair reversed north from the psychological level at 6.1500.

Mon, 21 Oct 2019 06:14:48 GMT

AUD/NZD 4H Chart: Moving towards the 1.0656 mark

The AUD/NZD currency pair appreciated by 1.11% in value during last week's trading sessions. The pair tested the upper boundary of a junior descending channel at 1.0795 on October 17.

Mon, 21 Oct 2019 06:12:37 GMT

EUR/NZD 4H Chart: Potential breakout

The EUR/NZD currency pair has continued to trade within the medium-term ascending channel pattern. The pair tested a resistance cluster formed by the weekly R1 and the monthly R1 at 1.7672 on October 16.

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