by Vivek_Samale | Apr 7, 2020 | Forex Trade Ideas, USDCAD
USDCAD is forming a descending triangle pattern at the top which indicates the trend reversal. Also, it is trading in channel pattern on the downside if USDCAD break from descending triangle pattern we might see a further downside in the USDCAD towards the support...
by Vivek_Samale | Apr 7, 2020 | EURJPY, Forex Trade Ideas
EURJPY is trading in the rising wedge as it is also trading a 50% level of Fibonacci retracement level as we can see EURJPY may see a little correction on the downside before going in upside direction. As long term trend is on the upside, one can trade on the long...
by Vivek_Samale | Apr 7, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD is tested its 62% percent Fibonacci retracement Level three times but it failed to break that level also, it formed a failed ascending triangle pattern at the retracement level so we might see further downside in GBPUSD pair.So, we can also see triple top...
by Vivek_Samale | Apr 6, 2020 | Forex Trade Ideas, USDJPY
USDJPY has 50% retraced from its previous top according to Fibonacci retracement as it suggests we might see a continuation of further downtrend in USDJPY according to Fibonacci retracement level. one can trade on the downside for a shorter-term from the current level...
by Vivek_Samale | Apr 6, 2020 | EURUSD, Forex Trade Ideas
EURUSD is trading in symmetrical triangle noted in pink color also it has various support levels at the current price as you see in chart, price level is supported by extended trend line , previous support line and support line of the symmetrical triangle with...
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