by Vivek | Jun 2, 2020 | Forex Trade Ideas, USDCAD
USDCAD has given a good downside breakout from long term descending triangle pattern, as shown in the chart. Now, it will move towards support 1 and if it breaks support 1, we may see the price moving towards support 2. Note – Trade with the proper risk...
by Vivek | Jun 1, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD is trading in descending channel pattern , within pattern it is trading same in channel pattern . according to Chart analysis we think, price may come down from resistance of descending channel pattern. short side trade can be initiated with proper risk...
by Vivek | Jun 1, 2020 | EURJPY, Forex Trade Ideas
EURJPY is trading in rising channel pattern. It is also at the resistance level of pattern. Considering the chart analysis we think, the price may come down towards the support level of the channel pattern. Trade can be done for the short side with proper risk...
by Vivek | Jun 1, 2020 | EURUSD, Forex Trade Ideas
EURUSD is trading near its resistance zone . Also, it is trading at 62% Fibonacci retracement levels, which will be a crucial level for EURUSD . Considering the chart pattern and important price levels we think, we might see consolidation to downside in EURUSD pair....
by Vivek | May 29, 2020 | EURGBP, Forex Trade Ideas
EURGBP is trading in a rising wedge pattern. It is also trading within the Fibonacci Retracement levels. We might see the price level to touch 50% Fibonacci retracement from the current level. One can trade for long according to Fibonacci retracement levels with...