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USDCHF Double Bottom Trend Reversal Signal

USDCHF Double Bottom Trend Reversal Signal

by | Aug 10, 2020 | Forex Trade Ideas, USDCHF

USDCHF has been trending consistently in consolidation to downside trade. At the current level, it has formed a double bottom pattern which indicates, that we might see trend reverse to the upside towards the resistance line. According to chart pattern analysis, one...
ANALYSIS ON USDJPY

ANALYSIS ON USDJPY

by | Aug 10, 2020 | Forex Trade Ideas, USDJPY

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, the price is close to its trendline Resistance and the entire trend is in the...
GBPAUD Head And Shoulder At Resistance level.

GBPAUD Head And Shoulder At Resistance level.

by | Aug 7, 2020 | Forex Trade Ideas, GBPAUD

GBPAUD formed Head And Shoulder Pattern at the resistance line of channel pattern. According to chart pattern analysis, we might see some downside in GBPAUD as shown in the chart, one can initiate short side trade with proper risk management and stop loss. Thank You....
EURJPY Down Side In Channel Pattern.

EURJPY Down Side In Channel Pattern.

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

EURJPY is trending in Upward Direction. It is trending in the Rising Channel Pattern. According to chart pattern analysis, we might see a small downside in EURJPY towards the support level of the Channel pattern. Short side trade can be initiated with proper risk...
USD/CHF Technical Analysis.

USD/CHF Technical Analysis.

by | Aug 6, 2020 | Forex Trade Ideas, USDCHF

Currently, USD/CHF is trading at 0.9102. The pair may start a new up trend if it breaks the resistance level at 0.9150. Previously, the pair was trading in a down trend in the descending triangle resistance and support wedges . If the pair starts a new up trend after...