- Thu, 21 Mar 2019 06:41:42 GMT
AUD/JPY 4H Chart: Testing support cluster
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuyBuySell Aggregate⇗⇗⇘ [ANNOUNCE]The Australian Dollar has revealed a new junior ascending channel pattern against the Japanese Yen. The channel pattern guided the currency pair during last week's trading session.[/ANNOUNCE]The exchange rate is currently testing a support cluster formed by the 50-, 100– and 200-hour SMAs and the combination of the weekly and the monthly pivot points
- Wed, 20 Mar 2019 13:48:04 GMT
USD/PLN 1H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)BuyNeutralNeutral Stochastic(5;3;3)NeutralBuyNeutral Alligator(13;8;5)SellSellBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇘⇗ [ANNOUNCE] The US Dollar has been depreciating against the Polish Zloty since the beginning of March when the exchange rate reversed from the upper boundary of the short-term descending channel at 3.8576. [/ANNOUNCE] As apparent on the chart, the currency pair is testing the lower channel line at 3.7720. If given channel holds, it is
- Wed, 20 Mar 2019 13:45:53 GMT
USD/DKK 1H Chart: Short-term channel in sight
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralBuyNeutral Alligator(13;8;5)SellNeutralBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇗ [ANNOUNCE] The USD/DKK currency pair has been trading within the ascending channel since the beginning of January. [/ANNOUNCE] Currently, the exchange rate is testing the lower channel boundary at 6.5700. From a theoretical perspective, it is expected that the rate reverses north in the nearest future and targets the upper channel line located in the
- Wed, 20 Mar 2019 07:07:47 GMT
BRENT.CMD/USD 4H Chart: Aims for $70 mark
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyNeutral SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE]The 50-hour simple moving average has guided the BRENT crude oil towards a new 2019 high level at 68.21 during the last week. The pair appreciated about 3.05% in values during this period.[/ANNOUNCE]As for the near future, it is likely that the BRENT.CMD/USD pair will continue its upside movement and potentially aim for
- Wed, 20 Mar 2019 07:04:41 GMT
LIGHT.CMD/USD 4H Chart: Remains near 59.65
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellSell Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇘ [ANNOUNCE]The LIGHT.CMD/USD pair has appreciated about 4.73% since last week's trading session. A resistance level formed by the weekly R1 at 59.64 stop the surge during the previous session.[/ANNOUNCE]Currently, the crude oil price is trading near a resistance cluster formed by the combination of the weekly and the monthly pivot points at 59.65.If the
- Tue, 19 Mar 2019 11:25:57 GMT
AUD/SGD 1H Chart: Falling wedge in sight
Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)BuySellSell SAR(0.02;0.2)SellSellSell Aggregate⇒⇘⇘ [ANNOUNCE] The AUD/SGD currency pair has been trading within the falling wedge pattern since the beginning of February. [/ANNOUNCE] Currently, the exchange rate is testing the upper wedge line located circa 0.9610. From a theoretical point of view, it is likely that the pair reverses south within the following sessions and targets the lower channel
- Tue, 19 Mar 2019 11:24:25 GMT
AUD/CHF 1H Chart: Upside potential
Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellSell SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇒⇒ [ANNOUNCE] The Australian Dollar has been depreciating gradually against the Swiss Franc since the beginning of February. This movement has been bounded in the descending channel. [/ANNOUNCE] As apparent on the chart, the exchange rate has already reversed north from the lower channel line at 0.7050. From a theoretical perspective, the currency pair should
- Tue, 19 Mar 2019 06:55:34 GMT
GBP/CAD 4H Chart: Breaches resistance cluster
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuySellSell Aggregate⇗⇒⇘ [ANNOUNCE]The 100– hour simple moving average has been guiding the Pound Sterling higher against the Canadian Dollar since late February. The currency pair re-tested the 100-hour SMA during last week's trading sessions.[/ANNOUNCE]Given that the GBP/CAD currency pair has breached a resistance cluster at 1.7692, bullish traders could push the price towards the upper
- Tue, 19 Mar 2019 06:51:42 GMT
GBP/AUD 4H Chart: Likely to aim at 1.8995
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE]The British Pound bounced off from a support level formed by the monthly pivot point at 1.8432 on March 12 and had since gained about 1.43% in values against the Australian Dollar.[/ANNOUNCE]Taking into consideration the structure of the GBP/AUD currency pair, it is likely that the exchange rate will aim for a resistance cluster
- Mon, 18 Mar 2019 12:33:51 GMT
EUR/SEK 1H Chart: Support level in sight
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)BuyNeutralNeutral Stochastic(5;3;3)BuyBuyNeutral Alligator(13;8;5)SellNeutralBuy SAR(0.02;0.2)SellSellBuy Aggregate⇒⇒⇗ [ANNOUNCE] The EUR/SEK exchange rate has tested the upper boundary of the long-term descending channel located circa 10.63 during February. [/ANNOUNCE] As apparent on the chart, the currency pair has already reversed south from the upper channel line. Currently, the pair is testing the strong support level formed by the Fibonacci 23.60% retracement at 10.47.
- Mon, 18 Mar 2019 12:32:06 GMT
EUR/NOK 1H Chart: Short-term decline expected
Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)BuyNeutralNeutral Stochastic(5;3;3)BuyBuyNeutral Alligator(13;8;5)SellSellBuy SAR(0.02;0.2)SellSellSell Aggregate⇒⇘⇒ [ANNOUNCE] The EUR/NOK currency pair breached the long-term ascending channel south last week. [/ANNOUNCE] Currently, the exchange rate is testing the support level formed by a combination of the Fibonacci 38.20% retracement and the monthly S1 located circa 9.6480. Given that the pair is being pressured by the 55-, 100– and 200-hour SMAs, it is
- Mon, 18 Mar 2019 10:27:32 GMT
EUR/CAD 4H Chart: Short-term surge likely
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuySellSell Aggregate⇗⇒⇘ [ANNOUNCE]The Eurozone single currency traded sideways movement against the Canadian Dollar during last week trading sessions. The currency pair re-tested the upper boundary of a medium-term descending channel pattern at 1.5155 during Friday's trading session.[/ANNOUNCE]Most likely, the currency exchange rate will maintain the medium-term descending channel pattern during this week's trading sessions. The
- Mon, 18 Mar 2019 06:34:23 GMT
EUR/AUD 4H Chart: Breaches medium-term channel
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE]The single European currency maintained its medium-term ascending channel pattern during the past week. The currency pair appreciated about 154 base points during last week's trading sessions.[/ANNOUNCE]The exchange rate re-tested the bottom border of the medium-term ascending channel pattern during the Asian session on Monday.If the support level formed by the lower boundary of
- Fri, 15 Mar 2019 11:07:04 GMT
USD/TRY 1H Chart: Upside potential
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyNeutral SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE] The US Dollar has been appreciating against the Turkish Lira since the beginning of February when the exchange rate reversed from the psychological level at 5.2000. [/ANNOUNCE] As apparent on the chart, the currency pair is testing the resistance level at the 5.4800 mark. Given that the rate is being supported by the 55-,
- Fri, 15 Mar 2019 11:02:09 GMT
USD/ZAR 1H Chart: Long-term channel in sight
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE] The USD/ZAR currency pair continued to go upside and reached the upper boundary of the long-term ascending channel at 14.55. [/ANNOUNCE] Currently, the exchange rate is testing the upper channel line. From a theoretical point of view, it is expected that the pair reverses south and targets the lower trend boundary. Important support level
- Fri, 15 Mar 2019 06:41:51 GMT
ETH/USD 4H Chart: Reveals new junior channel
Indicator4H1D1W MACD(12;26;9)SellBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellNeutralSell SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇒ [ANNOUNCE]The Ethereum cryptocurrency has revealed a new junior descending channel pattern against the US Dollar. The pair is currently trading near the upper boundary of the channel pattern at 138.0.[/ANNOUNCE]Given that the ETH/USD pair is near the upper band of the junior descending channel, a breakout could be expected within this session.Although, a
- Fri, 15 Mar 2019 06:39:13 GMT
BTC/USD 4H Chart: Likely to aim at 4062.2
Indicator4H1D1W MACD(12;26;9)SellBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellBuySell SAR(0.02;0.2)SellSellSell Aggregate⇘⇒⇘ [ANNOUNCE]During the past two weeks, the Bitcoin cryptocurrency has appreciated about 6.14% in values against the US Dollar.[/ANNOUNCE]The pair is currently stranded between SMAs, the 50-hour simple moving average is providing resistance at 3926.6, while the 100-hour SMA is providing support at 3889.5.Technical indicators suggest that the BTC/USD pair could edge lower during the
- Thu, 14 Mar 2019 11:05:32 GMT
GBP/CHF 1H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇗ [ANNOUNCE] The GBP/CHF exchange rate has surpassed the resistance level formed by the Fibonacci 61.80% retracement at 1.3272 and tested the upper boundary of the long-term descending channel located circa 1.3425. [/ANNOUNCE] As apparent on the chart, the currency pair is trading near the upper channel line. From a theoretical perspective, a reversal
- Thu, 14 Mar 2019 11:03:50 GMT
CAD/CHF 1H Chart: Long-term channel in sight
Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyNeutralNeutral SAR(0.02;0.2)BuySellBuy Aggregate⇗⇘⇗ [ANNOUNCE] The CAD/CHF currency pair has been testing the upper boundary of the long-term descending channel located circa 0.7615 since the beginning of February. [/ANNOUNCE] Currently, the exchange rate is testing the resistance level formed by the weekly R1 at 0.7556. Given that the pair is being supported by the 55-, 100– and 200-hour SMAs,
- Thu, 14 Mar 2019 06:50:46 GMT
AUD/JPY 4H Chart: Stranded between SMAs
Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuySellSell SAR(0.02;0.2)BuySellSell Aggregate⇗⇓⇘ [ANNOUNCE]The Australian Dollar has been trading in a long-term descending channel pattern against the Japanese Yen. However, the currency pair has revealed a new medium-term ascending trendline since the beginning of 2019.[/ANNOUNCE]The exchange rate was stranded between SMAs during the morning hours on Thursday. Technical indicators flash strong sell signals on the daily time-frame
- Thu, 14 Mar 2019 06:48:50 GMT
GBP/JPY 4H Chart: Bullish sentiment
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)BuyBuyNeutral SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇗ [ANNOUNCE]The Pound Sterling has appreciated about 500 base points against the Japanese Yen during the past one week. The currency pair was supported up by the 200-hour simple moving average.[/ANNOUNCE]Technical indicators flash bullish signals on both the 4(H), daily and weekly time frames chart. Therefore, the exchange rate could end this week's trading sessions
- Wed, 13 Mar 2019 11:29:44 GMT
TRY/JPY 1H Chart: Short-term channel in sight
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellNeutral SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇘ [ANNOUNCE] The Turkish Lira has been depreciating against the Japanese Yen since the beginning of February. This movement has been bounded in the descending channel. [/ANNOUNCE] As apparent on the chart, the exchange rate has already reversed north from the lower channel line at 20.25. From a theoretical point of view, the rate should target
- Wed, 13 Mar 2019 11:28:07 GMT
SGD/JPY 1H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)BuySellBuy Aggregate⇒⇒⇗ [ANNOUNCE] The SGD/JPY currency pair reversed south from strong resistance level formed by the Fibonacci 50.00% retracement at the 82.68 mark at the beginning of March. [/ANNOUNCE] Currently, the exchange rate is testing resistance cluster formed by a combination of the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 81.95/82.24
- Wed, 13 Mar 2019 07:26:07 GMT
BRENT.CMD/USD 4H Chart: Remains near significant level
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE]The UKOIL has appreciated about 5.07% against the US Dollar since last week. The 200-hour simple moving average provided support for the pair at 64.00. [/ANNOUNCE]Currently, BRENT.CMD/USD is near a significant resistance level at the 67.41 area.If the pair passes the significant level as mentioned above, the next target for bullish traders will be