- Mon, 21 Dec 2020 11:52:21 GMT
EUR/TRY 4H Chart: Short-term increase expected
4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralBuyNeutral Alligator(13;8;5)SellNeutralBuy SAR(0.02;0.2)SellSellSell Aggregate⇘⇒⇒ [ANNOUNCE] Since the end of November, the EUR/TRY exchange rate has been appreciating within a rising wedge pattern. [/ANNOUNCE] From a theoretical point of view, it is likely that the currency pair could move within the predetermined pattern until the middle of January. Then, a breakout south could follow. In the meantime, it is
- Mon, 21 Dec 2020 11:39:01 GMT
TRY/JPY 4H Chart: Symmetrical triangle pattern in sight
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇒ [ANNOUNCE] Since the beginning of November, the TRY/JPY currency pair has been trading within a symmetrical triangle pattern. [/ANNOUNCE] Given that the exchange rate is supported by the 55-, 100– and 200-period moving averages in the 13.25 area, it is likely that a breakout north could occur, and the rate could try to exceed the
- Mon, 21 Dec 2020 06:25:36 GMT
EUR/CAD 4H Chart: Bounces off support
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE]The single European currency versus the Canadian Dollar bounced off the lower boundary of an ascending channel pattern at 1.5400 on December 10. As a result, the exchange rate has surged by 1.56% during this period.[/ANNOUNCE]The EUR/CAD currency pair could continue to edge higher during the following trading sessions. A breakout through the
- Mon, 21 Dec 2020 06:22:06 GMT
EUR/AUD 4H Chart: Decline likely to continue
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)BuySellSell Aggregate⇒⇘⇘ [ANNOUNCE]The common European currency has declined by 2.48% against the Australian Dollar since the beginning of December. The currency pair tested the 1.6000 level during last week's trading sessions.[/ANNOUNCE]All things being equal, the exchange rate could continue to edge lower in a descending channel pattern during the following trading sessions. The potential target for
- Fri, 18 Dec 2020 12:07:42 GMT
EUR/SGD 4H Chart: Ascending channel in sight
4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellNeutral Stochastic(5;3;3)SellSellSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇒⇗ [ANNOUNCE] Since the end of October, the EUR/SGD exchnage rate has been appreciating within an ascending channel. [/ANNOUNCE] From a theoretical perspective, it is likely that the currency pair could continue to move within the predetermined channel in the medium term. Meanwhile, note that the exchange rate could gain support from the 55– and 100-period
- Fri, 18 Dec 2020 11:58:17 GMT
AUD/SGD 4H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellSell Stochastic(5;3;3)NeutralSellSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇒⇒ [ANNOUNCE] Since October, the AUD/SGD currency pair has been trading within a rising wedge pattern. [/ANNOUNCE] From a theoretical point of view, it is likely that the exchange rate could breach the predetermined pattern south in the nearest future. In this case the rate could target the Fibonacci 50.00% retracement at 0.9618. In the meantime,
- Fri, 18 Dec 2020 06:38:28 GMT
NZD/JPY 4H Chart: Breakout could occur
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE]The New Zealand Dollar has edged higher by 3.20% against the Japanese Yen since the middle of November. The currency pair tested the 74.00 level on December 10.[/ANNOUNCE]Currently, the exchange rate is trading near the bottom border of the channel pattern and could be set for a breakout.If the breakout occurs, a
- Fri, 18 Dec 2020 06:33:29 GMT
NZD/CAD 4H Chart: Buying signals
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇗ [ANNOUNCE]The New Zealand Dollar has surged by 1.35% against the Canadian Dollar since last week's trading sessions. The currency pair breached the 0.9100 level on December 17.[/ANNOUNCE]Technical indicators suggest buying signals on the 4H, daily and weekly time-frame charts. Most likely, the exchange rate could continue to edge higher during the following sessions. The
- Thu, 17 Dec 2020 11:17:15 GMT
EUR/CZK 4H Chart: Downside potential could prevail
4H1D1W MACD(12;26;9)SellSellSell RSI(14)BuyNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇘ [ANNOUNCE] Since the beginning of November, the EUR/CZK exchange rate has been trading downwards within a descending channel. [/ANNOUNCE] From a theoretical point of view, it is likely that the currency pair could continue to move within the predetermined channel in the medium term. In the meantime, note that the exchange rate is pressured
- Thu, 17 Dec 2020 10:55:00 GMT
EUR/PLN 4H Chart: Bears could prevail
Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellNeutral SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇒ [ANNOUNCE] Since the beginning of November, the EUR/PLN currency pair has been trading within a descending channel. [/ANNOUNCE]From a theoretical point of view, it is likely that the exchange rate could continue to decline within the predetermined channel in the medium term. The rate could decline to the Fibo 50.00% by the middle
- Thu, 17 Dec 2020 06:13:10 GMT
CHF/JPY 4H Chart: Could break channel
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇗ [ANNOUNCE]The Swiss Franc has been edging higher in an ascending channel pattern against the Japanese Yen since December 1. The CHF/JPY currency pair has surged by 2.64% during this period.[/ANNOUNCE]Currently, the exchange rate is trading near the lower line of the channel pattern and could be set for a breakout.If the breakout occurs,
- Thu, 17 Dec 2020 06:09:18 GMT
CAD/CHF 4H Chart: Selling signals
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellNeutralNeutral SAR(0.02;0.2)SellBuyBuy Aggregate⇘⇒⇒ [ANNOUNCE]The Canadian Dollar has surged by 1.05% against the Swiss Franc since December 1. The currency pair tested the upper line of a descending channel pattern at 0.6973 on December 16.[/ANNOUNCE]Technical indicators suggest selling signals on the 4-hour time frame chart. Most likely, the exchange rate could edge lower during the following trading sessions.
- Wed, 16 Dec 2020 11:57:54 GMT
USD/CNH 4H Chart: Downside potential could prevail
4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralBuy Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇒ [ANNOUNCE] The USD/CNH currency pair continued to decline within the medium-term descending channel. [/ANNOUNCE] From a theoretical point of view, it is likely that the exchange rate could continue to trade downwards within the predetermined channel in the medium term. In the meantime, note that the currency pair is pressured by the 55-, 100– and
- Wed, 16 Dec 2020 11:51:54 GMT
XAG/USD 4H Chart: Bulls could prevail
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuySell Aggregate⇒⇗⇒ [ANNOUNCE] Since the beginning of October, the XAG/USD exchange rate has been trading within an ascending channel. [/ANNOUNCE] From a theoretical perspective, it is likely that the exchange rate could continue to appreciate within the predetermined channel in the medium term. Meanwhile, note that silver could gain support from the 55-, 100– and 200-period moving
- Wed, 16 Dec 2020 06:30:23 GMT
GBR.IDX/GBP 4H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇘⇗⇗ [ANNOUNCE]The UK100, which measures the best 100 performing shares from the London Stock Exchange, has surged by 5.58% since last December 1. The index tested the weekly R1 at 6634.53 on December 10.[/ANNOUNCE]The GBR.IDX/GBP pair is currently trading near the lower boundary of an ascending channel pattern and could be set for a
- Wed, 16 Dec 2020 06:27:57 GMT
DOLLAR.IDX/USD 4H Chart: Bears likely to prevail
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralBuyBuy Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇒ [ANNOUNCE]The dollar index, which measures the US Dollar against a basket of major currencies, has been declining in a descending channel pattern since the beginning of November. The index has declined by 1.69% since December 1.[/ANNOUNCE]As for the near future, the DOLLAR/IDX/USD pair could continue to edge lower in the descending channel pattern. The
- Tue, 15 Dec 2020 11:52:27 GMT
USD/PLN 4H Chart: Bears could prevail
4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralBuyNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇘ [ANNOUNCE] Since the beginning of November, the USD/PLN exchange rate has been trading downwards, guided by a descending trend line. [/ANNOUNCE] From a theoretical point of view, it is likely that the currency pair could continue to decline along the predetermined trend line in the nearest future. The pair could decline to the Fibo
- Tue, 15 Dec 2020 11:40:27 GMT
USD/TRY 4H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)NeutralSellBuy SAR(0.02;0.2)SellBuySell Aggregate⇒⇒⇒ [ANNOUNCE] Since the end of November, the USD/TRY currency pair has been testing the resistance provided by the 200-period moving average near 8.0000. [/ANNOUNCE] If the predetermined resistance holds, it is likely that some downside potential could prevail in the market. The exchange rate could target the support level formed by the Fibo 23.60%
- Tue, 15 Dec 2020 05:41:10 GMT
EUR/GBP 4H Chart: Could continue to surge
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE]The Eurozone single currency has surged by 2.85% against the British Pound since the beginning of December.[/ANNOUNCE] The EUR/GBP currency pair tested the upper boundary of an ascending channel pattern at 0.9200 during last week's trading sessions.Technical indicators suggest buying signals on the daily time-frame chart. Therefore, the exchange rate could continue to
- Tue, 15 Dec 2020 05:39:20 GMT
USD/CHF 4H Chart: Breakout could occur
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralBuyBuy Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇒ [ANNOUNCE]The US Dollar has declined by 2.29% against the Swiss Franc since the beginning of December. The currency pair was pressured lower by the 50– period simple moving average.[/ANNOUNCE]Currently, the exchange rate is trading near the lower line of a descending channel pattern and could be set for a breakout.If the breakout occurs, a
- Mon, 14 Dec 2020 12:00:37 GMT
EUR/DKK 4H Chart: Long-term channel in sight
4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellBuySell Aggregate⇘⇒⇘ [ANNOUNCE] Since August, the EUR/DKK exchange rate has been trading upwards within an ascending channel. [/ANNOUNCE] From a theoretical point of view, it is likely that the currency pair could continue to appreciate within the predetermined channel in the medium term. In the meantime, note that the exchange rate is pressured by the 55-,
- Mon, 14 Dec 2020 11:52:13 GMT
USD/DKK 4H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralBuyBuy Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellBuySell Aggregate⇘⇒⇒ [ANNOUNCE] Since the end of October, the USD/DKK currency pair has been trading within a rising wedge pattern. [/ANNOUNCE] It is likely that the exchange rate could decline within the predetermined pattern until the end of 2020. Then, a breakout north could follow and the rate could target the Fibo 61.80% at 6.3495. Meanwhile, note that
- Mon, 14 Dec 2020 06:23:13 GMT
EUR/NZD 4H Chart: Could maintain channel
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralBuyNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇘ [ANNOUNCE]The common European currency has been edging lower in a three-month descending channel pattern against the New Zealand Dollar. The currency pair hit 2020 low level at 1.6966 during last week's trading sessions.[/ANNOUNCE]As for the near future, the EUR/NZD currency exchange rate could continue to trade in the three months descending channel pattern
- Mon, 14 Dec 2020 06:21:25 GMT
AUD/NZD 4H Chart: Buying signals
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)SellBuySell Aggregate⇒⇗⇘ [ANNOUNCE]The Australian Dollar has surged by 2.11% against the New Zealand Dollar since the beginning of December. The currency pair breached the 50-, 100– and 200– period SMAs during last week's trading sessions.[/ANNOUNCE]All things being equal, the AUD/NZD exchange rate is likely to continue to edge higher during this week's trading sessions. A breakout