by Vivek | May 6, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD is trading in an ascending triangle pattern. It is now at the very support level of the ascending triangle pattern. One can initiate a long trend on pair with a stop loss just below the support line of the ascending triangle . But, if it breaks the ascending...
by Vivek | May 6, 2020 | AUDJPY, Forex Trade Ideas
AUDJPY has given a good rally from its bottom and now it has given a good breakout from its rising wedge pattern, towards the downside. It has formed a complete head and shoulder pattern at the top, which is an indication of a trend reversal signal so, we might see a...
by Vivek | May 6, 2020 | Forex Trade Ideas, USDCHF
USDCHF is constantly trading in a channel pattern for a very long time. We might see that it may trade in the same manner for some more time. One can trade for long or short with stop loss, considering support and resistance of channel pattern respectively. If You...
by Rishikesh Lilawat | May 5, 2020 | Forex Trade Ideas, USDCAD
Currently, USD/CAD is trading at 1.4030. The pair started a downtrend on 4th may after rebounding back from resistance level at 1.4151. The price is moving towards the next support level at 1.3974, which is its first target and second target is at 1.3865. Do follow us...
by Rishikesh Lilawat | May 5, 2020 | Forex Trade Ideas, USDCHF
Currently, USD/CHF is trading at 0.9729. The pair started an uptrend on 4th may after rebounding back from support level at 0.9596. The price is moving towards the next resistance level at 0.9742, which is its first target and second target is at 0.9798. Do follow us...
by Vivek | May 5, 2020 | EURCAD, Forex Trade Ideas
EURCAD is trading in channel pattern for a very long time. It may continue to trade in the same pattern for some more time. Price moving down so we might see it will go toward the support line of channel pattern, so the target for EURCAD on the downside is the support...
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