by Vivek | Jun 4, 2020 | Forex Trade Ideas, NZDJPY
NZDJPY has given a good breakout from long term channel pattern and now it is at the resistance 1, which is a very crucial level for further trend extension. If it breaks out at resistance 1, there is more upside movement left in NZDJPY. If it fails to break out at...
by Vivek | Jun 4, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY has given a good rally. Now at the current level, it is consolidating and forming head and shoulder patterns. According to the chart pattern, we might see a downtrend in GBPJPY after some consolidation. One can trade for downside with proper risk management and...
by Vivek | Jun 4, 2020 | Forex Trade Ideas, GBPCHF
GBPCHF has given a good breakout from the ascending triangle pattern, as shown in the chart. It has achieved the first target after the breakout, from resistance level price is getting pulled back towards the resistance zone of the ascending triangle pattern. From the...
by Vivek | Jun 2, 2020 | Forex Trade Ideas, GBPAUD
GBPAUD is trading in descending channel pattern since a very long time. We think the trend might continue for some more time until the price reaches the support level, as shown in the chart. One can trade with proper risk management and stop loss by considering the...
by Vivek | Jun 2, 2020 | Forex Trade Ideas, USDCHF
USDCHF is trading at the support level for a very long term, in a falling wedge pattern. According to pattern formation, we think the price may bounce towards the upside from the current level one can trade for long with proper risk management and stop loss. If it...
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