by Vivek_Samale | Apr 22, 2020 | EURJPY, Forex Trade Ideas
EURJPY is taking support at the support line and making lower high as you can see in the chart. If it breaks the down trendline 1, we might see EURJPY move towards the down trendline . 2. As pair is trading at trend line 1, it has a high chance of moving towards trend...
by Vivek_Samale | Apr 22, 2020 | EURCAD, Forex Trade Ideas
EURCAD is trading in a falling wedge pattern and that too at a resistance level of the falling wedge . One can trade on the short side for a few pips on the downside side in EURCAD . Target will be the support line of the falling wedge . If You Like Idea Do...
by Vivek_Samale | Apr 22, 2020 | AUDJPY, Forex Trade Ideas
AUDJPY is trading in a rising wedge after making it bottom. It is also trading on channel patterns within the rising wedge pattern, as you can see in the chart. Considering these patterns, AUDJPY might show upside movement towards the resistance1. If it breaks out...
by Vivek_Samale | 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...
by Vivek_Samale | 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...