by Rishikesh Lilawat | Aug 14, 2020 | AUDJPY, Forex Trade Ideas
Currently, AUD/JPY is trading at 76.26. The price is moving in up trend by making higher high and lower low pattern. The pair may start a new down trend if it breaks the support level at 76.08, likely It is possible that the pair may rebound back after...
by Rishikesh Lilawat | Aug 13, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.3102. The price has formed a head and shoulders pattern. The pair may start a new down trend if it breaks the support level and neck line at 1.3011, likely It is possible that the pair may rebound back after touching support levels....
by Rishikesh Lilawat | Aug 12, 2020 | EURUSD, Forex Trade Ideas
Currently, EUR/USD is trading at 1.1733. The pair is consolidating in the resistance and support wedges . The pair may start a new downtrend if it breaks the support level at 1.1703, likely the pair may rebound back after touching support levels. If the pair starts a...
by Rishikesh Lilawat | Aug 11, 2020 | Forex Trade Ideas, USDJPY
Currently, USD/JPY is trading at 106.20. The pair is consolidating in the ascending triangle resistance and support wedges . The pair may start a new up trend if it breaks the resistance level at 106.29, likely It is possible that the pair may consolidate further for...
by Rishikesh Lilawat | Aug 11, 2020 | Forex Trade Ideas, NZDJPY
Currently, NZD/JPY is trading at 70.11. The pair is consolidating in the resistance and support wedges . The pair may start a new uptrend, if it breaks the resistance level at 70.43, likely the pair might consolidate further for some time. If the pair starts a new...