- Thu, 03 Dec 2020 12:03:00 GMT
USD/SGD 4H Chart: Downside potential could prevail
4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralBuyBuy Stochastic(5;3;3)NeutralBuyBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇒⇒ [ANNOUNCE] Since September, the USD/SGD exchange rate has been trading downwards within a falling wedge pattern. [/ANNOUNCE] From a theoretical point of view, it is likely that the currency pair could continue to decline within the predetermined pattern in the medium term. Meanwhile, note that the pair is pressured by the 55-, 100– and
- Thu, 03 Dec 2020 11:56:31 GMT
USD/THB 4H Chart: Short-term decline expected
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralBuyNeutral Stochastic(5;3;3)BuyBuyBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellBuySell Aggregate⇘⇒⇘ [ANNOUNCE] During November, the USD/THB currency pair dropped to the psychological level at 30.20. [/ANNOUNCE] Given that the exchange rate is pressured by the 55-, 100– and 200-period moving averages in the 30.28/30.70 range, it is likely that some downside potential could continue to prevail in the market. Note that the currency pair could face
- Thu, 03 Dec 2020 05:15:07 GMT
CHF/JPY 4H Chart: Breakout could occur
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellSellNeutral Stochastic(5;3;3)SellSellNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇒⇒⇗ [ANNOUNCE]The Swiss Franc has surged by 2.68% against the Japanese Yen since November 20. The currency pair tested the 117.00 level during the Asian session on Thursday.[/ANNOUNCE]As for the near future, the CHF/JPY exchange rate could continue to trend bullish. A breakout through the upper boundary of an ascending channel pattern might occur
- Thu, 03 Dec 2020 05:12:24 GMT
CAD/CHF 4H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)SellBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralBuyNeutral Alligator(13;8;5)SellNeutralNeutral SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇒ [ANNOUNCE]Canada's Dollar has declined by 101 pips or 1.44% against the Swiss Franc since last week's trading sessions. The CAD/CHF currency pair breached the 50-, 100– and 200– period SMAs this week.[/ANNOUNCE]Currently, the exchange rate is trading near the lower boundary of a descending channel pattern and could be set for a breakout.If the
- Wed, 02 Dec 2020 12:02:38 GMT
NZD/CHF 4H Chart: Bears could prevail in market
4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellNeutral Stochastic(5;3;3)BuyNeutralSell Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE] Since the beginning of November, the NZD/CHF exchange rate has been trading within a rising wedge pattern. [/ANNOUNCE] From a theoretical perspective, it is likely that the currency pair could breach the given pattern south and trade downwards in the nearest future. The pair could target the support level—the Fibo 38.20% at 0.6040. In
- Wed, 02 Dec 2020 11:52:21 GMT
CHF/SGD 4H Chart: Short-term increase expected
Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)SellNeutralNeutral Stochastic(5;3;3)SellSellNeutral Alligator(13;8;5)BuyNeutralNeutral SAR(0.02;0.2)BuyBuySell Aggregate⇒⇒⇒ [ANNOUNCE] The CHF/SGD currency pair continued to trade downwards, guided by the descending trend line. [/ANNOUNCE] It is likely that the exchange rate could gain support from the 55-, 100– and 200-period moving averages in the 1.4750/1.4850 range. Thus, some upside potential could prevail in the market, and the rate could re-test the 1.5100 level. In
- Wed, 02 Dec 2020 06:19:55 GMT
GBR.IDX/GBP 4H Chart: Breakout could occur
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)SellNeutralSell Alligator(13;8;5)NeutralBuyNeutral SAR(0.02;0.2)BuySellBuy Aggregate⇒⇒⇒ [ANNOUNCE]The UK100, which measures the best 100 performing shares from the London Stock Exchange, has declined by 8.61% since last week's trading sessions. The index tested the lower boundary of an ascending channel pattern at 6245.28 on November 30.[/ANNOUNCE]Currently, the stocks are trading near the lower line of the channel pattern and could
- Wed, 02 Dec 2020 06:18:13 GMT
DOLLAR.IDX/USD 4H Chart: Decline could continue
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)BuyBuyNeutral Stochastic(5;3;3)BuyNeutralBuy 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 2.11% since November 10.[/ANNOUNCE] Everything being equal, the DOLLAR.IDX/USD exchange rate is likely to continue to edge lower during the following
- Tue, 01 Dec 2020 05:34:17 GMT
EUR/GBP 4H Chart: Tests 200– period SMA
Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellNeutral SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇒⇗ [ANNOUNCE]The common European currency surged by 118 pips or 1.33% against the British Pound during last week's trading sessions. The currency pair tested the 200– period SMA at 0.8994 on November 30.[/ANNOUNCE]Everything being equal, the exchange rate could continue to maintain the descending channel pattern during the following trading sessions. The potential target
- Tue, 01 Dec 2020 05:31:33 GMT
USD/CHF 4H Chart: Decline likely to continue
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)BuySellSell Aggregate⇒⇘⇘ [ANNOUNCE]The US Dollar declined by 108 pips or 1.18% against the Swiss Franc during last week's trading sessions. The currency pair breached the 50-, 100– and 200– period SMAs last week.[/ANNOUNCE]All things being equal, the exchange rate is likely to continue to decline in a descending channel pattern during the following trading sessions. The
- Mon, 30 Nov 2020 06:12:55 GMT
EUR/NZD 4H Chart: Two scenarios likely
Indicator4H1D1W 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]The Eurozone single currency has continued to decline in a five-week descending channel pattern against the New Zealand Dollar. The currency pair fell by 1.23% during last week's trading session.[/ANNOUNCE]Currently, the exchange rate is trading near the upper boundary of the five weeks descending channel and could be set for a breakout.If the
- Mon, 30 Nov 2020 06:09:21 GMT
AUD/NZD 4H Chart: Selling signals
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇘ [ANNOUNCE]The Australian Dollar has declined by 1.14% against the New Zealand Dollar since November 13. The currency pair was pressured lower by the 50– period simple moving average during the past two weeks.[/ANNOUNCE]Technical indicators suggest selling signals on the 4H, daily and weekly time-frame charts. Therefore, the exchange rate could continue to decline
- Fri, 27 Nov 2020 05:50:35 GMT
ETH/USD 4H Chart: Makes pullback
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇒ [ANNOUNCE]The Ethereum cryptocurrency has surged by 39.89% against the US Dollar since last week's trading sessions. The exchange rate tested the 600.00 level on November 24.[/ANNOUNCE]The ETH/USD pair made a U-turn from the weekly resistance level during yesterday's trading session.Most likely, the cryptocurrency exchange rate could continue to decline within the following trading
- Fri, 27 Nov 2020 05:48:37 GMT
BTC/USD 4H Chart: Smashes record level
Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇒ [ANNOUNCE]The Bitcoin cryptocurrency continued to edge higher against the US Dollar. The cryptocurrency pair hit 2017 record high at the 19500.0 level during this week's trading sessions.[/ANNOUNCE]After the BTC/USD pair smashed the record level at 19500.0, bears took control of the market. The exchange rate declined by 14.30% during yesterday's trading session.All things being
- Thu, 26 Nov 2020 11:58:20 GMT
GBP/NZD 4H Chart: Two scenarios likely
4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇘ [ANNOUNCE] Since the middle of October, the GBP/NZD exchange rate has been trading downwards within a falling wedge pattern. [/ANNOUNCE] From a theoretical point of view, it is likely that the currency pair could breach the predetermined pattern north in the nearest future. The pair could target the psychological level at 1.9800. In the meantime,
- Thu, 26 Nov 2020 11:49:24 GMT
GBP/CHF 4H Chart: Rising triangle pattern in sight
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuyNeutral SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE] Since the beginning of September, the GBP/USD currency pair has been trading within a rising triangle pattern. [/ANNOUNCE] From a theoretical point of view, it is likely that the exchange rate could continue to trade within the predetermined pattern in the nearest future. If the upper pattern line at 1.2200 holds, a breakout south
- Thu, 26 Nov 2020 06:19:22 GMT
GBP/JPY 4H Chart: Could continue to edge up
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuySell Aggregate⇗⇗⇒ [ANNOUNCE]The British Pound has soared by 260 pips or 1.90% against the Japanese Yen since last week's trading sessions. The exchange rate breached the 50– period simple moving average at 137.99 on November 23.[/ANNOUNCE]The currency pair is likely to continue to edge higher during the following trading sessions. The potential target for the
- Thu, 26 Nov 2020 06:11:29 GMT
AUD/JPY 4H Chart: Bulls likely to prevail
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE]The Australian Dollar has surged by 155 pips or 2.06% against the Japanese Yen since last week's trading sessions. The currency pair bounced off from a support level at 75.50 on November 19.[/ANNOUNCE]All things being equal, the AUD/JPY exchange rate could continue to surge in an ascending channel pattern during the following trading sessions.
- Wed, 25 Nov 2020 11:21:54 GMT
USD/SEK 4H Chart: Downside potential could prevail
4H1D1W MACD(12;26;9)SellSellSell RSI(14)BuyNeutralNeutral Stochastic(5;3;3)BuyBuyNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellBuySell Aggregate⇒⇒⇘ [ANNOUNCE] The USD/SEK exchange rate has revealed a falling wedge pattern. [/ANNOUNCE] From a theoretical perspective, it is likely that the currency pair could continue to trade within the given pattern in the medium term. In this case the pair could decline below 8.5000 by the end of December. In the meantime, note that the
- Wed, 25 Nov 2020 11:11:50 GMT
EUR/SEK 4H Chart: Falling wedge pattern in sight
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)BuyNeutralNeutral Stochastic(5;3;3)BuyBuyNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellBuySell Aggregate⇒⇒⇘ [ANNOUNCE] The EUR/SEK currency pair continued to trade downwards within the falling wedge pattern. [/ANNOUNCE] Theoretically, it is likely that the exchange rate could continue to trade within the predetermined pattern within the following trading sessions. Then, a breakout north could follow, and the rate could raise to the Fibo 23.60% at 10.47. Meanwhile, note that
- Wed, 25 Nov 2020 06:54:06 GMT
BRENT.CMD/USD 4H Chart: Bulls likely to prevail
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)SellSellNeutral Stochastic(5;3;3)SellSellNeutral Alligator(13;8;5)BuyBuyNeutral SAR(0.02;0.2)BuyBuyBuy Aggregate⇒⇒⇒ [ANNOUNCE]The Brent crude oil prices have surged by 14.18% during the last two weeks. The BRENT.CMD/USD exchange rate breached the $48 level during the morning hours on Wednesday.[/ANNOUNCE]All things being equal, the commodity could continue to trend bullish through the following trading sessions. The potential target for bulls would be near the $50
- Wed, 25 Nov 2020 06:52:32 GMT
LIGHT.CMD/USD 4H Chart: Buying signals
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellNeutralNeutral Stochastic(5;3;3)SellSellNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE]The Light crude oil prices have been edging higher in an ascending channel pattern since November 8. The LIGHT.CMD/USD exchange rate has surged by 20.40% since the beginning of this month.[/ANNOUNCE]Technical indicators suggest buying signals on the 4H, daily and weekly time-frame charts. Most likely, bullish traders could continue to pressure the crude oil
- Tue, 24 Nov 2020 13:07:00 GMT
EUR/NOK 4H Chart: Bulls could prevail in market
Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellBuy SAR(0.02;0.2)BuySellSell Aggregate⇒⇘⇒ [ANNOUNCE] Since the beginning of October, the EUR/NOK exchange rate has been trading within a falling wedge pattern. [/ANNOUNCE] From a theoretical perspective, it is likely that a breakout north from the given pattern could occur within the following trading sessions. In this case the currency pair could target the 11.20 level. Meanwhile, note that the
- Tue, 24 Nov 2020 12:58:28 GMT
USD/NOK 4H Chart: Two scenarios likely
4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)BuySellBuy Aggregate⇒⇘⇒ [ANNOUNCE] Since the middle of September, the USD/NOK currency pair has been trading sideways in the 8.9800/9.6000 range. [/ANNOUNCE] From a theoretical point of view, it is likely that the exchange rate could continue to consolidate in the predetermined range in the medium term. In the meantime, note that the currency pair is pressured