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EURCAD Trading In Falling Wedge.

EURCAD Trading In Falling Wedge.

by | Apr 8, 2020 | EURCAD, Forex Trade Ideas

EURCAD is Trading in falling wedge after retracing from its top it is taking exact support at Fibonacci retracement levels by considering the Fibonacci support and falling wedge support line we might see EURCAD further see some downside.One can trade shorter-term...
USDCAD Trading In Descending Channel Pattern.

USDCAD Trading In Descending Channel Pattern.

by | Apr 7, 2020 | Forex Trade Ideas, USDCAD

USDCAD is forming a descending triangle pattern at the top which indicates the trend reversal. Also, it is trading in channel pattern on the downside if USDCAD break from descending triangle pattern we might see a further downside in the USDCAD towards the support...
EURJPY Trading In Rising Wedge.

EURJPY Trading In Rising Wedge.

by | Apr 7, 2020 | EURJPY, Forex Trade Ideas

EURJPY is trading in the rising wedge as it is also trading a 50% level of Fibonacci retracement level as we can see EURJPY may see a little correction on the downside before going in upside direction. As long term trend is on the upside, one can trade on the long...
GBPUSD Trend Reversal Point

GBPUSD Trend Reversal Point

by | Apr 7, 2020 | Forex Trade Ideas, GBPUSD

GBPUSD is tested its 62% percent Fibonacci retracement Level three times but it failed to break that level also, it formed a failed ascending triangle pattern at the retracement level so we might see further downside in GBPUSD pair.So, we can also see triple top...