Breaking News

Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.

EUR/CAD Potential Upward Movement

EUR/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.4438, 1.4470, 1.4557 Key Support Levels: 1.4259, 1.4207, 1.4120 Daily Time-frame: The price on the higher time frame has shown trend reversal after bouncing back from the trendline. We have also recently seen rejection wicks in the candles and the pair has broken an upper trendline. A bullish trend should be maintained as …

Read More »

USD/JPY Potential Downward Movement

USD/JPY Long-Term Trend: Bearish Key Resistance Levels: 115.22, 115.48, 115.71 Key Support Levels: 114.04, 113.80, 113.20 Daily Time-frame: The price on the higher time frame has recently been rejected after touching a resistance point. This price point has shown good resistance previously too and there is reversal again. We expect the price to pick momentum in the downside in the …

Read More »

EUR/GBP Potential Downward Movement

EUR/GBP Long-Term Trend: Bearish Key Resistance Levels: 0.8375, 0.8402, 0.8421 Key Support Levels: 0.8326, 0.8312, 0.8301 Daily Time-frame: The price on the higher time frame has shown a sharp reversal after touching the resistance point. There is also a big wick rejection that supports the trend. When we look at the bigger picture, this pair has shown a structural downward …

Read More »

USD/JPY Potential Upward Movement

USD/JPY Long-Term Trend: Bullish Key Resistance Levels: 115.55, 115.97, 116.35 Key Support Levels: 114.45, 114.13, 113.47 Daily Time-frame: The price on the higher time frame has recently touched a support point and bounced back from there. Price has also crossed the upper resistance zone and sustained above that. With the dollar picking up momentum, we should see a good move …

Read More »

USD/CAD Potential Downward Movement

USD/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.2655, 1.2752, 1.2810 Key Support Levels: 1.2504, 1.2469, 1.2405 Daily Time-frame: The price on the higher time frame has recently broken dynamic support of 1.2609 and heading towards the downward direction. We can also see rejection wicks in recent candles. We expect the move to continue with some momentum. USD/CAD Medium-Term Trend: Bearish …

Read More »

AUD/USD Potential Downward Movement

AUD/USD Long-Term Trend: Bearish Key Resistance Levels: 0.7179, 0.7231, 0.7272 Key Support Levels: 0.7090, 0.7038, 0.6990 Daily Time-frame: The price on the higher time frame has been in a downtrend for quite some time and recently we say a retest at price after the fall. It touched the trendline resistance and was rejected from there. We should expect the trend …

Read More »

USD/CAD Potential Upward Movement

USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.2635, 1.2701, 1.2778 Key Support Levels: 1.2575, 1.2524, 1.2457 Daily Time-frame: The price on the higher time frame has been in a downtrend for the last many days and recently we saw rejection candles from the downside. Price has broken a small resistance point of 1.2575 and has maintained to trade above that. …

Read More »

AUD/USD Potential Downward Movement

AUD/USD Long-Term Trend: Bearish Key Resistance Levels: 0.7191, 0.7225, 0.7276 Key Support Levels: 0.7147, 0.7115, 0.7083 Daily Time-frame: The price on the higher time frame, the price was moving in a channel up pattern and recently we have seen a breakout of the channel in the downside. There were also rejection wicks and the price looks to be sustained under …

Read More »

GBP/USD Potential Downward Movement

GBP/USD Long-Term Trend: Bearish Key Resistance Levels: 1.3664, 1.3703, 1.3742 Key Support Levels: 1.3597, 1.3554, 1.3473 Daily Time-frame: The price on the higher time frame has recently touched a resistance point and started reversing from there. If we look at the chart, it has been forming similar patterns for the past few months. There is a wick rejection from the …

Read More »

CAD/JPY Potential Upward Movement

CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 92.25, 92.73, 93.05 Key Support Levels: 91.63, 91.18, 90.76 Daily Time-frame: The price on the higher time frame has seen a bullish run and currently, the price looks to continue the trend as we see good momentum. Recently, the chart broke the resistance zone of 91.62 and looks to be sustained above the …

Read More »