Trade Pattern-Ideas

Note: This section contains information in English only.
Wed, 25 Sep 2019 11:51:12 GMT

EUR/SEK 1H Chart: Bulls likely to prevail

The European Common Currency has been appreciating against the Swedish Krona since the beginning of September. This movement has been bounded in the ascending channel.

Wed, 25 Sep 2019 11:49:17 GMT

USD/SEK 1H Chart: Short-term increase expected

The US Dollar has been appreciating gradually against the Swedish Krona since the beginning of September. This movement has been bounded in the rising wedge pattern.

Tue, 24 Sep 2019 14:15:54 GMT

GBP/CHF 1H Chart: Two scenarios likely

The British Pound has been extending gains against the Swiss Franc since the beginning of September. This movement has been bounded in the ascending channel.

Tue, 24 Sep 2019 14:14:18 GMT

GBP/NZD 1H Chart: Some upside potential could prevail

The British Pound has been appreciating against the New Zealand Dollar since the beginning of September after the GBP/NZD currency pair re-tested the support level—the Fibonacci 38.20% retracement at 1.9037.

Tue, 24 Sep 2019 05:45:03 GMT

GBP/CAD 4H Chart: Tests 50-period SMA

The Pound Sterling has been trading in a junior ascending channel pattern against the Canadian Dollar since the beginning of September after the currency pair reversed from its lower boundary at 1.5933 on September 3.

Tue, 24 Sep 2019 05:43:21 GMT

GBP/AUD 4H Chart: Could edge lower

The Great British Pound has appreciated about 3.19% in value against the Australian Dollar since September 12. The currency pair breached a resistance cluster formed by the weekly pivot point and the monthly R1 at 1.8388 on September 20.

Mon, 23 Sep 2019 05:17:06 GMT

EUR/CAD 4H Chart: Bears likely to prevail

The single European currency has appreciated about 1.73% in value against the Canadian Dollar since September 11. The surge was stopped by a resistance level formed by the 200-hour simple moving average at 1.4699 during Friday's trading session.

Mon, 23 Sep 2019 05:15:46 GMT

EUR/AUD 4H Chart: Faces 200– period SMA

During the past two weeks, the Eurozone single currency has appreciated about 2.11% in value against the Australian Dollar. The currency pair tested the upper boundary of a descending channel pattern at 1.6266 at the end of last week's trading sessions.

Fri, 20 Sep 2019 15:49:52 GMT

EUR/NOK 1H Chart: Two scenarios likely

The Euro has been depreciating gradually against the Norwegian Krone since the end of August when the EUR/NOK currency pair reversed south from the upper boundary of the rising wedge pattern at 10.09.

Fri, 20 Sep 2019 15:48:06 GMT

USD/NOK 1H Chart: Short-term advance expected

The USD/NOK exchange rate has been trading upwards within the rising wedge pattern since May. As apparent on the chart, the rate has already reversed north from the lower pattern line at 8.9075.

Fri, 20 Sep 2019 06:39:52 GMT

CHF/JPY 4H Chart: Bounces off support cluster

Upside risks have guided the Swiss Franc higher against the Japanese Yen since the beginning of September after the currency pair reversed from a psychological support level at 107.00.

Fri, 20 Sep 2019 06:37:20 GMT

CAD/CHF 4H Chart: Stranded between SMAs

Bullish momentum has dominated the Canadian Dollar against the Swiss Franc since the beginning of September. The currency pair tested the upper boundary of an ascending channel pattern at 0.7564 on September 11.

Thu, 19 Sep 2019 06:09:42 GMT

AUD/CAD 4H Chart: Breakout occurs

Upside risks have dominated the Australian Dollar versus the Canadian Dollar since the beginning of September.

Thu, 19 Sep 2019 06:07:51 GMT

EUR/CHF 4H Chart: Tests weekly resistance level

The common European currency has appreciated about 1.70% in value against the Swiss Franc since September 5 after the currency pair reversed from a support cluster formed by the weekly S2 and the monthly S1 at 1.0807.

Wed, 18 Sep 2019 14:42:53 GMT

USD/SGD 1H Chart: Downside potential could prevail

The US Dollar has been depreciating against the Singapore Dollar since the beginning of September. This movement has been bounded within the descending channel.

Wed, 18 Sep 2019 14:41:08 GMT

USD/PLN 1H Chart: Rising wedge in sight

The US Dollar has been depreciating against the Polish Zloty since the end of August when the USD/PLN currency pair reversed south from the upper boundary of the rising wedge pattern at 4.0000.

Wed, 18 Sep 2019 06:02:06 GMT

CAD/JPY 4H Chart: Supported by 50– period SMA

The Canadian Dollar has increased its trading range against the Japanese Yen. The currency pair bounced off from the lower boundary of a junior ascending channel at 78.50 on August 28 and had since reached the upper border of the junior channel pattern at 81.97.

Wed, 18 Sep 2019 06:00:16 GMT

NZD/JPY 4H Chart: Targets at 70.19

The bullish momentum that began early September has guided the NZD/JPY exchange rate higher towards the upper boundary of an ascending channel at 69.58. The Kiwi has appreciated about 2.86% in value against the Yen during this short period.

Tue, 17 Sep 2019 11:17:46 GMT

TRY/JPY 1H Chart: Two scenarios likely

The Turkish Lira has been appreciating slightly against the Japanese Yen since the end of August after the TRY/JPY exchange rate tried to surpass the support level –the Fibo 61.80% at 18.25.

Tue, 17 Sep 2019 11:15:39 GMT

ZAR/JPY 1H Chart: Bulls could prevail

The South African Rand has been appreciating against the Japanese Yen since the end of August when the ZAR/JPY currency pair reversed north from the psychological level at 6.85.

Tue, 17 Sep 2019 06:14:38 GMT

GBR.IDX/GBP 4H Chart: Could continue to edge higher

The UK 100 index has been appreciating in a junior ascending channel pattern since the end of August. The pair has appreciated about 4.4% in value during this period.

Tue, 17 Sep 2019 06:06:18 GMT

Dollar.IDX/USD 4H Chart: Moving towards target at 97.33

The Dollar index has been edging low against the US Dollar since the beginning of September after the pair reversed from the upper boundary of a descending channel pattern at 99.32. The pair tested the bottom border of a dominant ascending channel at 97.52 on September 13.

Mon, 16 Sep 2019 06:47:00 GMT

EUR/NZD 4H Chart: Bullish momentum

Bearish momentum has guided the Eurozone single currency against the New Zealand Dollar since the end of August. The currency pair reached a one-month low level at 1.7000 During last week's trading sessions.

Mon, 16 Sep 2019 06:40:29 GMT

AUD/NZD 4H Chart: Buy signals

The AUD/NZD currency pair has been tended north since the beginning of August when it reversed from the lower boundary of an ascending channel pattern at 1.0318 on August 5.

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