by Vivek | Apr 20, 2020 | EURUSD, Forex Trade Ideas
EURUSD has given a breakout from its downtrend line, but EURUSD price is still trading near that downtrend line in channel pattern, so the breakout is not so strong to change long term trends. Considering this, we might see a downside in EURUSD towards the support1,...
by Vivek | Apr 16, 2020 | Forex Trade Ideas, USDCHF
USDCHF is trading in symmetrical triangle pattern as it is indecisiveness in price action . once the USDCHF breakout of this pattern we can trade on breakout side for long term trend. it is at very near point of breakout from pattern. If You Like Idea Do...
by Vivek | Apr 16, 2020 | Forex Trade Ideas, USDCAD
USDCAD was trading in falling wedge pattern for a very long time now it has broke-out from that pattern on the upside, so might see a new trend in USDCAD . We can see consolidation or small price correction for a shorter time and then a new long trend. One can...
by Vivek | Apr 16, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD has just broke-out from its resistance level on upside and now it is trading at the same level called support level . From the chart, now it is trading in the upper part of the channel pattern and also trading at the support level . If it breaks from...
by Vivek | Apr 15, 2020 | Forex Trade Ideas, USDJPY
USDJPY is Trading in Descending Triangle Pattern, also it is trading on the downside while looking at the pattern, we might see the price consolidation within the support line and resistance line as shown in the chart. If the USDJPY breaks, from the descending...