GBPCHF Sell Opportunity – 24-April-2019

For most part of this month CHF has been the worst performing currency among majors. However, at this point we may be looking at signs of a reversal. The uptrend line on H4 time frame of GBPCHF has been broken to the downside. Trading preference The preference is to sell the pair.

CADJPY Trading Idea – 22-April-2019

We are looking at CADJPY, and we can see that the pair has bounced from the previous support zone. The pair has bounced from that area in the near past as you can see on the chart. This is a good opportunity to buy, the target being the resistance zone around

EURCHF trading idea for the week of 22-April-2019

EURCHF has seen a parabolic move upwards for the most part of last week. However, it is now facing resistance on the daily timeframe. We can see that the pair has formed a hanging man pattern. It will be a big hurdle to break above the daily resistance. A break below

USDCHF Trading Idea for the week of 06 April 2019

After a big downward move earlier, USDCHF has been consolidating in an upward channel. This is usually termed as a bear flag. Trading preference The price is currently staying around the upper bound of the consolidation channel. This is often a good area to sell for a short term trade, the lower

AUDJPY Trading idea for the week of 8-April-2019

AUDJPY has been in an overall uptrend for the past two weeks. However the currency pair has now reached a massive resistance zone and closed on Friday to form a shooting star on the daily time frame. Trading preference We can look at 4-Hour time frame and look to sell when the

Australia 200 – Rising Wedge – 03 April 2019

We are looking at Australia 200 Index, on the 30 minutes time frame. We can observe a rising wedge. Trading preference Preference is to the upside as indicated by the arrow, towards the upper resistance zone of the wedge. Disclaimer: Our analysis and forecasts given on this website are just our point of