Trade Pattern-Ideas

Note: This section contains information in English only.
Fri, 18 May 2018 13:15:51 GMT

EUR/NZD 1H Chart: Breakout of pattern

EUR/NZD was trading in a neat ascending channel since early April until the senior channel reached on May 14 halted any attempts to move above the 1.73 mark.

Fri, 18 May 2018 13:10:14 GMT

USD/ZAR 1H Chart: Still bullish despite senior channel

The USD/ZAR exchange rate has been bound by two longer-term patterns.

Fri, 18 May 2018 06:51:16 GMT

CHF/JPY 4H Chart: Meets resistance cluster

Following a reversal from a dominant descending channel on May 8, the Swiss Franc triggered a new movement in an ascending pattern against the Japanese Yen.

Fri, 18 May 2018 06:47:44 GMT

CAD/JPY 4H Chart: Bulls likely to grow stronger

The Canadian Dollar has been appreciating against the Japanese Yen after the pair reverse from the lower boundary of a dominant ascending channel May 8. The pair has since reached a three-month high.

Thu, 17 May 2018 12:36:08 GMT

USD/THB 1H Chart: Bears expected to prevail

The US Dollar has been trading in an ascending channel against the Thai Baht for the last two months.

Thu, 17 May 2018 12:34:32 GMT

EUR/CZK 1H Chart: Pair remains squeezed

The EUR/CZK exchange rate has been trading in a channel-like formation since early 2018.

Thu, 17 May 2018 07:01:40 GMT

NZD/CAD 4H Chart: Falling wedge

The movement for the NZD/CAD exchange rate has been constrained by a dominant descending channel for the past two months. This decline has led the Kiwi to a five-month low level.

Thu, 17 May 2018 06:59:53 GMT

AUD/NZD 4H Chart: Pair points to surge

The AUD/NZD currency pair has been guided by an ascending channel since early April. The exchange rate bounced off it bottom border on April 13 and has since remained trading along the pattern.

Wed, 16 May 2018 12:50:18 GMT

TRY/JPY 1H Chart: Pair shows upside potential

The movement of TRY/JPY has been bounded in an descending channel during the past three weeks.

Wed, 16 May 2018 12:47:56 GMT

USD/DKK 1H Chart: Greenback trades in line with pattern

USD/DKK has been trading in an ascending channel for the last five weeks, thus breaching a dominant senior channel along the way in early May.

Wed, 16 May 2018 06:58:16 GMT

NZD/JPY 4H Chart: Junior pattern prevails

The Pound Sterling has been constrained by several descending channels against the Japanese Yen. The most important of which is the junior pattern which was formed on April 13.

Wed, 16 May 2018 06:55:42 GMT

AUD/JPY 4H Chart: Stranded between SMAs

The Australian Dollar has been trading in a triangle-like formation during the past months. The currency pair tested the upper boundary of the aforementioned triangle pattern on May 14.

Tue, 15 May 2018 12:23:18 GMT

EUR/RUB 1H Chart: Pair bullish in medium term

Following the massive 13% surge which occurred early in April, the common European currency has been trading in an descending wedge against the Russian Ruble.

Tue, 15 May 2018 12:21:02 GMT

EUR/PLN 1H Chart: Bearish signals prevail

The EUR/PLN exchange rate has shown no significant changes to its movement during the past two weeks, as it has remained trading in the 4.24/29 trading range.

Tue, 15 May 2018 06:58:00 GMT

EUR/CAD 4H Chart: Market sentiment remains bearish

The single European currency has been constrained by a two-month descending pattern against the Canadian Dollar.

Tue, 15 May 2018 06:55:59 GMT

EUR/AUD 4H Chart: Possible retracement

The bearish movement has guided the EUR/AUD currency pair since April 25, thus sending the pair to depreciate from 1.61 to 1.57 just in few weeks. The rate has since reversed from the lower boundary of a medium-scale ascending channel.

Mon, 14 May 2018 12:45:30 GMT

EUR/HUF 1H Chart: Change in sentiment expected

Following a reversal from the senior channel on March 18, the common European currency initiated a new wave up against the Hungarian Forint.

Mon, 14 May 2018 12:43:44 GMT

USD/ILS 1H Chart: Senior channel dominates

The US Dollar has strengthened against the Israeli Shekel since mid-March.

Mon, 14 May 2018 06:25:16 GMT

GBP/CAD 4H Chart: Finds support

The GBP/CAD currency pair has been moving in a descending channel since mid-March. The exchange rate reversed from the upper boundary of a dominant ascending channel on March 20 and followed by a strong period of decline.

Mon, 14 May 2018 06:23:32 GMT

GBP/AUD 4H Chart: Pressured by bears

The British Pound has been trading in a dominant ascending channel against the Australian Dollar. The exchange rate began making a corrective movement south in a newly formed descending pattern on April 26 and has since remained bearish move.

Fri, 11 May 2018 12:49:33 GMT

EUR/SGD 4H Chart: Medium-term pattern to prevail

The common European currency has weakened against the Singapore Dollar since early February when the pair reversed from the senior channel at 1.6450.

Fri, 11 May 2018 12:47:02 GMT

USD/MXN 1H Chart: Bullish despite breakout

Bullish momentum has guided the USD/MXN exchange rate since mid-April, thus allowing the pair to strengthen from 18.00 to 19.60 within a couple of weeks.

Fri, 11 May 2018 06:49:50 GMT

NZD/CAD 4H Chart: Stranded between PPs

The New Zealand Dollar has been steered by a long-term descending pattern against its Canadian counterpart. The exchange rate made a U-turn from the upper boundary of a junior descending channel on March 14 and has since hit a five-month low level. 

Fri, 11 May 2018 06:47:52 GMT

AUD/NZD 4H Chart: Bulls likely to grow stronger

The Australian Dollar has been constrained by an ascending channel against the New Zealand Dollar since April. The currency pair bounced off it lower boundary on April 8 and has since remained bullish.

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