EURJPY has been trading in the channel and their are no signs of breaking the channel on the upside, which supports our view of a potential reversal.
It may test the other end of the channel, but due to the structure formed at 123.0 it may test and may or may not test the other end of the channel. Therefore to be on the safer side,
we can take partial profits at...
GBPAUD is trading in a channel since long time and is trying to push on the upside.
While looking at the strength of the bulls and the resistance to take support it is likely that it may break on the upside on RBA rate meeting!
Due to the uncertain nature of markets, enter according to the price action.
VEDL has been in correction phase after the impulse move and is experiencing resistance on the upside. if it breaks through that pattern downside, it may fill the Gap and moreover it can test the 230 Whole number. If it breaks to the upside, Then the trade will become invalid.
Enter According to the price action.