by Vivek_Samale | 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...
by Vivek_Samale | 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...
by Vivek_Samale | Apr 20, 2020 | EURCHF, Forex Trade Ideas
EURCHF is trading in channel pattern, we might see some downside in EURCHF from the current price level and the target will be a support line for Channel pattern. On can trade on the short side with strict stop loss. If You Like The Idea, Do Follow/Comment/Like For...
by Vivek_Samale | Apr 20, 2020 | Forex Trade Ideas, NZDJPY
NZDJPY is Trading in Ascending Triangle pattern, also it at a very insignificant resistance level from this level, we might see some price move on the downside towards the trendline for ascending triangle pattern. One can initiate the trade, on the short side at the...
by Vivek_Samale | Apr 20, 2020 | EURUSD, Forex Trade Ideas
EURUSD has given a breakout from its downtrend line, but EURUSD price is still trading near that downtrend line in channel pattern, so the breakout is not so strong to change long term trends. Considering this, we might see a downside in EURUSD towards the support1,...