by Vivek | May 4, 2020 | Forex Trade Ideas, USDCAD
USDCAD is trading in Descending Triangle Pattern. It may face the resistance of the trend line after giving a good rally in preceding days. But it will not able to break the trend line and its pullback from the trend line resistance. So, we might see USDCAD may take...
by Vivek | May 4, 2020 | Forex Trade Ideas, NZDUSD
NZDUSD is trading according to the time cycle (as you can see in the chart). NZDUSD is also trading in a channel pattern moreover it is trading in a synchronize pattern with the time cycle. At the beginning of time cycle, price is at high point A or at the resistance...
by Vivek | May 4, 2020 | Forex Trade Ideas, USDJPY
USDJPY is trading in a falling wedge pattern. As price is trading in a narrow range soon, we will see price breakout from a falling wedge in USDJPY . USDJPY is trading below its support 1, so we might see a downside in USDJPY and the first target for downside will be...
by Vivek | Apr 30, 2020 | Forex Trade Ideas, GBPAUD
GBPAUD is trading in a falling wedge pattern, it is now trading in a very narrow price range, so we might see a breakout on either side soon in GBPAUD pair. One can wait till breakout to take trade-in GBPAUD pair. If You Like Idea Do Follow/Comment/Like For More Quick...
by Vivek | Apr 30, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is trading in range-bound movement. We might see this consolidation to continue for some more time, moreover one can take buy or sell call on GBPJPY at support or resistance level of consolidation range, respectively. Once the pair breaks out from the...
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