by Vivek_Samale | Apr 13, 2020 | AUDJPY, Forex Trade Ideas
AUDJPY is trading in rising wedge . Now it is trading in narrow range of rising wedge . This means that sooner or later we might see either sideways movement in AUDJPY or decisive trend action after breakout from rising wedge on either upside or downside. If it breaks...
by Vivek_Samale | Apr 13, 2020 | AUDUSD, Forex Trade Ideas
AUDUSD is forming an ascending triangle in upward trend. It will be an interesting price action in AUDUSD pair. If AUDUSD breaks the ascending triangle on upside, we might see further trend continuation till resistance level (as mentioned in chart). If it breaks on...
by Vivek_Samale | Apr 10, 2020 | Forex Trade Ideas, GBPAUD
GBPAUD is trading just above the support level . At a point, a trendline , support and resistance of the channel pattern are crossing each other which will act as strong support for the GBPAUD . We might see some bounce back from point a of GBPAUD towards the...
by Vivek_Samale | Apr 10, 2020 | AUDJPY, Forex Trade Ideas
AUDJPY is trading in a rising wedge pattern, also it is facing long term resistance 1 at the top, so we might see some correction on the downside in audjpy and move in an upward direction or we may see a continuation on sideways price movement as long holiday ahead....
by Vivek_Samale | Apr 9, 2020 | EURCHF, Forex Trade Ideas
EURCHF seems to be unpredictable as I recommend to trade very cautiously. It is trading in a channel pattern, also now it is trading in the upper part of the channel. If it breaks out from the channel, we might see long term trends on the breakout side....
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