- Fri, 13 Nov 2020 06:21:22 GMT
ETH/USD 4H Chart: Bulls likely to prevail
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellSell Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇒ [ANNOUNCE]The Ethereum cryptocurrency has surged by 25.74% against the US Dollar since November 1. The currency pair tested the $465 mark during this week's trading sessions.[/ANNOUNCE]All things being equal, the exchange rate might continue to edge higher during the following trading sessions. A breakout through the upper boundary of an ascending channel pattern
- Fri, 13 Nov 2020 06:15:02 GMT
BTC/USD 4H Chart: Buying signals
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellSellSell Stochastic(5;3;3)SellSellSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇒⇒⇒ [ANNOUNCE]The Bitcoin cryptocurrency has edged higher by 24.36% against the US Dollar since the beginning of November. The currency pair tested the $16400 mark during the Asian session on Friday.[/ANNOUNCE]Technical indicators suggest buying signals on the 4-hour, daily and weekly time-frame charts. Therefore, bullish traders could continue to drive the BTC/USD pair higher during
- Thu, 12 Nov 2020 12:34:53 GMT
EUR/RUB 4H Chart: Ascending channel in sight
4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)SellNeutralBuy SAR(0.02;0.2)BuySellSell Aggregate⇘⇘⇒ [ANNOUNCE] Since the middle of September, the EUR/RUB exchange rate has been trading upwards within an ascending channel. [/ANNOUNCE] From a theoretical perspective, it is likely that the currency pair could continue to trade upwards within the predetermined channel in the medium term. Note that the pair could face the resistance at the 94.00
- Thu, 12 Nov 2020 12:23:30 GMT
USD/RUB 4H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellNeutralBuy SAR(0.02;0.2)BuySellSell Aggregate⇒⇘⇒ [ANNOUNCE] Since the middle of September, the USD/RUB currency pair has been trading upwards within an ascending channel. [/ANNOUNCE] From a theoretical point of view, it is likely that the exchange rate could reverse north from the lower channel line in the short term and target the upper channel line located circa 81.00. Then, a
- Thu, 12 Nov 2020 06:24:11 GMT
GBP/JPY 4H Chart: Could make brief pullback
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)SellBuySell Aggregate⇒⇗⇒ [ANNOUNCE]The British Pound has edged higher by 482 pips or 3.57% against the Japanese Yen since November 1. The currency pair tested the upper line of an ascending channel pattern at 139.91 during yesterday's trading session.[/ANNOUNCE]The exchange rate is likely to make a brief pullback towards a support cluster formed by the 50–
- Thu, 12 Nov 2020 06:20:07 GMT
AUD/JPY 4H Chart: Buying signals
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇗ [ANNOUNCE]The Australian Dollar has surged by 370 pips or 5.05% against the Japanese Yen since the beginning of November. The currency pair breached the 50-, 100– and 200– period SMAs during this week's trading sessions.[/ANNOUNCE]Technical indicators suggest buying signals on the 4 hours, daily and weekly time-frame charts. Most likely, the exchange rate could
- Wed, 11 Nov 2020 13:20:09 GMT
USD/MXN 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)BuySellSell Aggregate⇒⇘⇘ [ANNOUNCE] Since the beginning of September, the USD/MXN exchange rate has been trading downwards within a falling wedge pattern. [/ANNOUNCE] From a theoretical perspective, it is likely that the currency pair could continue to trade within the predetermined pattern within the following trading sessions. Then, a breakout north could occur, and the pair could
- Wed, 11 Nov 2020 13:04:37 GMT
XAG/USD 4H Chart: Rising wedge pattern in sight
Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellNeutralBuy SAR(0.02;0.2)SellBuySell Aggregate⇘⇒⇒ [ANNOUNCE] Since the end of October, the XAG/USD currency pair has been trading upwards within a rising wedge pattern. [/ANNOUNCE] From a theoretical point of view, it is likely that the exchange rate could continue to trade upwards within the given pattern in the short term. Then, a breakout south could occur, and the rate
- Wed, 11 Nov 2020 05:59:30 GMT
LIGHT.CMD/USD 4H Chart: Bulls could prevail
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)SellNeutralNeutral Stochastic(5;3;3)SellSellNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuyBuySell Aggregate⇒⇗⇘ [ANNOUNCE]The Light crude oil prices have surged by 22.53% since the beginning of November. The commodity breached a resistance level at 41.81 during this week's trading sessions.[/ANNOUNCE]All things being equal, the crude oil prices could continue to edge higher in an ascending channel pattern during the following trading sessions. The potential target for
- Wed, 11 Nov 2020 05:57:55 GMT
BRENT.CMD/USD 4H Chart: Could continue to trend bullish
Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)SellNeutralNeutral Stochastic(5;3;3)SellNeutralNeutral Alligator(13;8;5)BuyNeutralSell SAR(0.02;0.2)BuyBuySell Aggregate⇒⇒⇘ [ANNOUNCE]The Brent crude oil prices have edged higher by 21.12% since November 1. The commodity breached the $44 mark during this week's trading sessions.[/ANNOUNCE]Technical indicators suggest buying signals on the 4-hour time frame chart. Most likely, the crude oil prices could continue to trend bullish within this week's trading sessions. The potential target for
- Tue, 10 Nov 2020 11:42:40 GMT
ZAR/JPY 4H Chart: Ascending channel in sight
4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)SellSellNeutral Stochastic(5;3;3)NeutralSellSell Alligator(13;8;5)BuyBuyNeutral SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇒⇒ [ANNOUNCE] The ZAR/JPY exchange rate has revealed a long-term ascending channel. [/ANNOUNCE] From a theoretical perspective, it is likely that the currency pair could reverse south from the upper channel line circa 6.90 and target the lower channel line located in the 6.30/6.40 range. However, if the predetermined channel does not hold, the exchange rate
- Tue, 10 Nov 2020 11:29:47 GMT
CAD/JPY 4H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuyNeutral SAR(0.02;0.2)BuyBuySell Aggregate⇗⇗⇘ [ANNOUNCE] The CAD/JPY has currency pair revealed a long-term ascending 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 medium term. Meanwhile, the rate could gain support from the 55-, 100– and 200-period moving averages in the 79.25 area.
- Tue, 10 Nov 2020 05:40:09 GMT
GBP/CAD 4H Chart: Bears could prevail
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellBuy Aggregate⇘⇘⇒ [ANNOUNCE]The Pound Sterling has declined by 277 pips or 1.60% against the Canadian Dollar since October 30. The currency pair tested the 1.7050 level during this week's trading sessions.[/ANNOUNCE]Bearish traders are likely to continue to pressure the exchange rate lower within the following trading sessions. A breakout through the lower boundary of an
- Tue, 10 Nov 2020 05:18:48 GMT
GBP/AUD 4H Chart: Selling signals
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellBuy Aggregate⇘⇘⇒ [ANNOUNCE]The British Pound has declined by 469 pips or 2.54% against the Australian Dollar since October 30. The currency pair breached the 50-, 100– and 200– period SMAs during this week's trading sessions.[/ANNOUNCE]Technical indicators suggest selling signals on the 4H and daily time-frame charts. Most likely, bears could continue to pressure the exchange rate
- Mon, 09 Nov 2020 11:37:34 GMT
EUR/HUF 4H Chart: Bears could prevail
4H1D1W 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] As apparent on the chart, the EUR/HUF exchange rate breached the rising wedge pattern south. [/ANNOUNCE] From a theoretical perspective, it is likely that some downside potential could prevail in the market. In this case the currency pair could target the Fibonacci 38.20% retracement at 347.15. In the meantime, note that the pair could
- Mon, 09 Nov 2020 11:29:20 GMT
EUR/CHF 4H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellNeutral SAR(0.02;0.2)SellBuyBuy Aggregate⇘⇒⇒ [ANNOUNCE] The EUR/CHF currency pair continued to trade downwards within the falling wedge pattern. [/ANNOUNCE] From a theoretical point of view, it is likely that the exchange rate could decline within the given pattern within the following trading sessions. Then, a breakout north could occur, and the rate could target the Fibo 23.60% at 1.0861. Meanwhile,
- Mon, 09 Nov 2020 06:27:37 GMT
EUR/CAD 4H Chart: Bounces off support
Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellBuy SAR(0.02;0.2)BuySellBuy Aggregate⇗⇘⇗ [ANNOUNCE]The common European currency has declined by 287 pips or 1.83% against the Canadian Dollar since October 29. The currency pair tested the 1.5350 level during last week's trading sessions.[/ANNOUNCE]Given that the exchange rate has bounced off the support level at 1.5350, bullish traders might continue to pressure the EUR/CAD pair higher during
- Mon, 09 Nov 2020 06:25:25 GMT
EUR/AUD 4H Chart: Decline likely to continue
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellNeutral SAR(0.02;0.2)SellSellBuy Aggregate⇘⇘⇒ [ANNOUNCE]The Eurozone single currency has declined by 437 pips or 2.62% against the Australian Dollar since October 29. The currency pair tested the lower line of a descending channel pattern at 1.6229 on November 5.[/ANNOUNCE]As for the near future, the exchange rate is likely to continue to edge lower. A breakout through the lower
- Fri, 06 Nov 2020 13:42:57 GMT
USD/ILS 4H Chart: Reversal north could occur
4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇘ [ANNOUNCE] The USD/ILS exchange rate has been trading downwards since the end of September, after it failed to exceed the 3.4800 level. [/ANNOUNCE] Given that the currency pair is pressured by the 55-, 100– and 200-period moving averages in the 3.4000 area, it is likely that some downside potential could prevail in the market.
- Fri, 06 Nov 2020 13:20:54 GMT
USD/SGD 4H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)BuyNeutralNeutral Stochastic(5;3;3)BuyBuyNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellBuy Aggregate⇒⇘⇒ [ANNOUNCE] Since the end of September, the USD/SGD currency pair has been trading downwards, guided by a descending trend line. [/ANNOUNCE] Given that the exchange rate is pressured by the 55-, 100– and 200-period moving averages circa 1.3600, it is likely that some downside potential could prevail in the market in the medium term. Note that
- Fri, 06 Nov 2020 06:08:14 GMT
NZD/CAD 4H Chart: Bulls likely to prevail
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 119 pips or 1.35% against the Canadian Dollar since this week's trading sessions. The currency pair breached the 50– and 200– period SMAs on November 4.[/ANNOUNCE]As for the near future, the exchange rate could continue to edge up in an ascending channel pattern. The potential target
- Fri, 06 Nov 2020 06:05:12 GMT
NZD/JPY 4H Chart: Two scenarios likely
Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyNeutralBuy SAR(0.02;0.2)SellBuySell Aggregate⇒⇒⇒ [ANNOUNCE]The New Zealand Dollar has surged by 132 pips or 1.92% against the Japanese Yen since this week's trading sessions. The exchange rate tested the upper line of a descending channel pattern on Thursday.[/ANNOUNCE]If the channel pattern holds, bearish traders could pressure the NZD/JPY currency pair lower during next week's trading sessions. The potential
- Thu, 05 Nov 2020 13:11:20 GMT
AUD/CHF 4H Chart: Two scenarios likely
4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyNeutralNeutral SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇒ [ANNOUNCE] Since the end of October, the AUD/CHF exchange rate has been trading within an ascending channel. [/ANNOUNCE] From a theoretical point of view, it is likely that the currency pair could continue to increase within the predetermined channel within the following trading sessions. The pair could exceed the 0.6550 level. In the meantime, note
- Thu, 05 Nov 2020 12:44:59 GMT
AUD/CAD 4H Chart: Falling wedge pattern in sight
Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellNeutral SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇒ [ANNOUNCE] The AUD/CAD currency pair revealed a long-term falling wedge pattern. [/ANNOUNCE] From a theoretical point of view, it is likely that the currency pair could reverse south from the upper pattern line located circa 0.9470 and target the lower pattern line located circa 0.9200. If the given pattern holds, a reversal north could follow. Meanwhile,