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AUDUSD Breakout From Rising Channel Pattern

AUDUSD Breakout From Rising Channel Pattern

by | Apr 21, 2020 | AUDUSD, Forex Trade Ideas

AUDUSD has given a good breakout from rising channel pattern, also it has well respected the Fibonacci retracement levels, as you can see in the chart. It has given downside breakout from rising channel patterns so we might see further downside in AUDUSD , from its...
NZDUSD trade In Symmetrical Pattern.

NZDUSD trade In Symmetrical Pattern.

by | Apr 21, 2020 | Forex Trade Ideas, NZDUSD

NZDUSD is currently trading in a symmetrical pattern, which indicates that the trend is not decisive, as NZDUSD can give a breakout on either side for longer-term trends. For a period, it will trade in the symmetrical triangle pattern . Trade can be initiated for the...
USDCAD Trading In Channel Pattern

USDCAD Trading In Channel Pattern

by | Apr 21, 2020 | Forex Trade Ideas, USDCAD

USDCAD is now trading in channel pattern after giving a good breakout from the falling wedge . The current price is at a 50% Fibonacci retracement level so, it might face some resistance at this level. At this level, we might see price consolidation or price breakout...
USDJPY Trade In Descending Triangle Pattern

USDJPY Trade In Descending Triangle Pattern

by | Apr 21, 2020 | Forex Trade Ideas, USDJPY

USDJPY is retraced 100% from its bottom and now it is constantly making lower high as you can see in the chart. Also, it is forming a descending triangle pattern which is a bearish pattern . We might see further downside in USDJPY once it breaks out of the descending...
EURJPY CLOSE TO SUPPORT IN DESCENDING TRIANGLE

EURJPY CLOSE TO SUPPORT IN DESCENDING TRIANGLE

by | Apr 21, 2020 | EURJPY, Forex Trade Ideas

Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair is close to its support area so one should wait for breakout...