LATEST FORMATION ON USD JPY CHART
Forex trading ideas and recommendations.
by A. P. S. Thapar
3y ago
Usd Jpy is trading in a range bound manner for more than a month. Price was hovering between 107.000 and 105.500. Yesterday the pair broke it’s silence and the price is now trading below it’s familiar level of 105.500. Now what is the fate of the pair now is a big question. As the pair ..read more
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EUR USD, A TREND REVERSAL OR A CORRECTION IN BULL RUN?
Forex trading ideas and recommendations.
by A. P. S. Thapar
3y ago
Eur usd touched nearly 1.20000 recently and very quickly returned to 1.18800. This quick move created a doubt in trader’s mind, if it is a beginning of trend reversal or just a correction in the bull run? If we look at the price action at first glance it looks like a correction and should be ..read more
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NEXT TRADING STRATEGY IN USD JPY
Forex trading ideas and recommendations.
by A. P. S. Thapar
4y ago
USD JPY is trading sideways since 1st July after touching high near 108.00 , no meaningful downside is witnessed since then.  It is right that forex market is passing through a record low volatility phase now a days, so little opportunities arising these days. USD JPY is trading in a small range of 106.00 to ..read more
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USD JPY NEXT TRADE SETUP.
Forex trading ideas and recommendations.
by A. P. S. Thapar
4y ago
Usd jpy gained strength recently due to jpy’s weakness it was not due to Usd’s strength. After passing so much time in a range bound atmosphere, the pair now started to show signs of overstretched strength, it doesn’t really mean that the further strength is totally ruled out but the strength should be taken as ..read more
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HOW TO TRADE GBP USD NOW?
Forex trading ideas and recommendations.
by A. P. S. Thapar
4y ago
After making a low around 1.20800 Gbp usd is now trading around 1.26000. Big question is that if the pair near it’s Top now or the strength will continue further? The answer according to us is that it is always hard to say if the Top or bottom in any pair is in. But if ..read more
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SELL OPPORTUNITY KNOCKING IN EUR USD.
Forex trading ideas and recommendations.
by A. P. S. Thapar
4y ago
Eur Usd is trading in a small range since mid April. However some good opportunities were arisen in the meantime. But now the pair started hitting the resistance lines. Means that a good sell opportunity is knocking. It is still possible that the pair may rise from here but should be taken as a profitable ..read more
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FOREX MARKET PASSING THROUGH AN EXTREMELY LOW VOLUME PHASE
Forex trading ideas and recommendations.
by A. P. S. Thapar
4y ago
Since mid April forex market is passing through a record low volume phase. Market is neither in hurry to reach the Top nor Bottom. Besides low volume due to summer season, coronavirus making the trading situations worse. But even in this type of ultra low volume conditions, good traders are continuing to find trading opportunities ..read more
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ARE RISK CURRENCIES ABOUT TO TURN?
Forex trading ideas and recommendations.
by A. P. S. Thapar
4y ago
Forex market was showing some signs of reversal previous week. And we started to book profits in eur usd a little bit earlier. However with the overall strength of Usd, and due to Gbp usd’s weakness Eur Usd was also dragged lower. Usd jpy was in continuous uptrend in the whole last week. Usd chf ..read more
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ARE RISK CURRENCIES ABOUT TO TURN?
Forex trading ideas and recommendations.
by A. P. S. Thapar
4y ago
Forex market was showing some signs of reversal previous week. And we started to book profits in eur usd a little bit earlier. However with the overall strength of Usd, and due to Gbp usd’s weakness Eur Usd was also dragged lower. Usd jpy was in continuous uptrend in the whole last week. Usd chf ..read more
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IS IT TIME TO BOOK PROFITS IN EUR USD AND GBP USD ?
Forex trading ideas and recommendations.
by A. P. S. Thapar
4y ago
Congratulations to all those following this blog and earning decent profits. In previous post some good profit making opportunities were highlighted specifically in eur usd and gbp usd. Traders buying usd jpy on dips are also in good profits. Usd chf buyers are also happy. Aud usd and Nzd usd was predicted to trade in ..read more
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