Trade Pattern-Ideas

Note: This section contains information in English only.
Tue, 08 Oct 2019 15:12:58 GMT

USD/RUB 1H Chart: Bulls likely to prevail

The US Dollar has been appreciating against the Russian Ruble since the end of September after the USD/RUB exchange rate reversed north from the lower boundary of the long-term ascending channel at 63.69.

Tue, 08 Oct 2019 15:06:05 GMT

EUR/RUB 1H Chart: Two scenarios likely

The Euro has been appreciating against the Russian Ruble since the end of September within the rising wedge pattern.

Tue, 08 Oct 2019 05:28:59 GMT

GBR.IDX/GBP 4H Chart: Bounces off support

The UK 100 index has depreciated about 5.44% in value against the British Pound since the beginning of October. A breakout occurred through the lower boundary of an ascending channel pattern at 7254.98 on October 2.

Tue, 08 Oct 2019 05:26:29 GMT

Dollar.IDX/USD 4H Chart: Stranded between SMAs

The dollar index which measures the US Dollar against a basket of major currencies has been appreciating after the pair reversed from the lower boundary of an ascending channel pattern at 97.80 since September 20.

Mon, 07 Oct 2019 05:51:40 GMT

EUR/NZD 4H Chart: Targets at 1.7194

The common European currency has appreciated about 2.94% in value against the New Zealand Dollar since September 12. The currency pair made a U-turn south from the weekly R1 at 1.7510 on October 1.

Mon, 07 Oct 2019 05:50:03 GMT

AUD/NZD 4H Chart: Decline likely to continue

The Australian Dollar has depreciated about 1.19% in value against the New Zealand Dollar since September 22. The currency pair is currently trading near in a junior descending channel pattern.

Fri, 04 Oct 2019 12:00:35 GMT

SGD/JPY 1H Chart: Bears could prevail

The SGD/JPY exchange rate has been trading downwards since the middle of September after it reversed south from the upper boundary of the falling wedge pattern at 78.93.

Fri, 04 Oct 2019 11:59:03 GMT

AUD/SGD 1H Chart: Short-term advance expected

The Australian Dollar has been depreciating against the Singapore Dollar since the beginning of September after the AUD/SGD currency pair reversed south from the upper boundary of the falling wedge pattern at 0.9490.

Fri, 04 Oct 2019 05:22:52 GMT

ETH/USD 4H Chart: Stranded between SMAs

Since September 20, the ETH/USD currency pair has depreciated about 30.7% in value. The decline began after the pair reversed from a one-month high level at 230.8. The exchange rate is currently stranded between the 200– hour SMA at 187.40 and the 50– hour SMA at 176.29.

Fri, 04 Oct 2019 05:21:10 GMT

BTC/USD 4H Chart: Pressured by 50– period SMA

The Bitcoin cryptocurrency has depreciated about 21.82% in value against the US Dollar since September 22. The currency pair tested the lower boundary of a descending channel pattern at 7875.37 during last week's trading sessions.

Thu, 03 Oct 2019 14:16:53 GMT

EUR/CZK 1H Chart: Two scenarios likely

The Euro has been depreciating against the Czech Koruna since the middle of September. This movement has been bounded in the falling wedge pattern.

Thu, 03 Oct 2019 14:14:37 GMT

EUR/HUF 1H Chart: Short-term decline expected

At the end of September, the EUR/HUF currency pair reached the upper boundary of the rising wedge pattern at the 336.00 mark. As apparent on the chart, the rate has already reversed south from the given line.

Thu, 03 Oct 2019 06:25:07 GMT

GBP/JPY 4H Chart: Tests 200-period SMA

The British Pound has been depreciating against the Japanese Yen within an ascending channel pattern since September 20. The GBP/JPY exchange rate tested the lower boundary of the channel pattern at 131.72 during the morning hours of Thursday's trading session.

Thu, 03 Oct 2019 06:18:32 GMT

AUD/JPY 4H Chart: Short-term decline likely

Downside risks have dominated the AUD/JPY currency pair since September 15 after the Aussie reversed from the upper boundary of a descending channel pattern at 74.26.

Wed, 02 Oct 2019 11:33:27 GMT

USD/ILS 1H Chart: Two scenarios likely

The US Dollar has been depreciating against the Israeli Shekel since the beginning of September. This movement has been bounded in the falling wedge pattern. Currently, the USD/ILS exchange rate is trading at the 3.4850 level.

Wed, 02 Oct 2019 11:32:00 GMT

USD/MXN 1H Chart: Upside potential could prevail

The US Dollar has been appreciating against the Mexican Peso since the middle of September when the USD/MXN currency pair reversed north from the lower boundary of the rising wedge pattern at 19.33.

Wed, 02 Oct 2019 06:01:38 GMT

BRENT.CMD/USD 4H Chart: Likely to maintain channel

The Brent crude oil prices have declined by about 14.60% in value since September 17. The commodity is currently trading in a junior descending channel pattern.

Wed, 02 Oct 2019 06:00:12 GMT

LIGHT.CMD/USD 4H Chart: Could make short-term pullback

The Light crude oil prices have depreciated about 13.46% in value since September 17. A breakout occurred through the lower boundary of an ascending channel pattern at 55.11 during Monday's trading session.

Tue, 01 Oct 2019 14:24:24 GMT

EUR/DKK 1H Chart: Bears likely to prevail

The Euro has been appreciating against the Danish Krone since the beginning of September after the EUR/DKK exchange rate reversed north from the support level formed by the Fibonacci 38.20% retracement at 7.4555.

Tue, 01 Oct 2019 14:22:56 GMT

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

The US Dollar has been appreciating against the Danish Krone since the beginning of July within the rising wedge pattern. Currently, the USD/DKK currency pair is testing the upper pattern line at 6.8600.

Tue, 01 Oct 2019 06:01:41 GMT

GBP/CAD 4H Chart: Breakout occurs

The GBP/CAD exchange rate has depreciated about 310 pips since last week's trading sessions. A breakout occurred through the lower boundary of an ascending channel pattern at 1.6374 on September 27.

Tue, 01 Oct 2019 05:59:46 GMT

GBP/AUD 4H Chart: Bullish signals

The GBP/AUD currency pair depreciated about 241 basis points during last week's trading sessions. The pair tested a support cluster formed by the weekly pivot point and the 100– hour simple moving average at 1.8187 during the Asian session on Tuesday.

Mon, 30 Sep 2019 14:21:31 GMT

USD/THB 1H Chart: Two scenarios likely

The USD/THB exchange rate has been appreciating since the beginning of September, after it reversed north from the lower boundary of the long-term descending channel.

Mon, 30 Sep 2019 14:19:57 GMT

USD/ZAR 1H Chart: Short-term advance expected

The USD/ZAR currency pair has been trading upwards since the middle of September, after it reversed north from the lower boundary of the rising wedge pattern.

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