by Rishikesh Lilawat | May 27, 2020 | Forex Trade Ideas, USDJPY
Currently, USD/JPY is trading at 107.66. The pair is consolidating in the resistance and support wedges . If it breaks the resistance level at 108.00, the pair may start a new up trend and its target price will be at 109.00. If it breaks the support level at 107.44,...
by Rishikesh Lilawat | May 27, 2020 | EURUSD, Forex Trade Ideas
Currently, EUR/USD is trading at 1.0985. The pair is moving in resistance and support wedges , which may start a new up trend if it breaks the resistance level at 1.1008. If this happens, its first target will be at 1.1140 and the second target will be at 1.1273. Do...
by Rishikesh Lilawat | May 26, 2020 | EURCAD, Forex Trade Ideas
Currently, EUR/CAD is trading at 1.5125. The pair started a new down trend on 25th May after breaking the support level at 1.5233. The pair was moving in ascending wedges before breaking the support level , now it is moving towards its first target, which is at...
by Rishikesh Lilawat | May 26, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.2332. The pair started a new up trend after breaking resistance level at 1.2192. The pair was trading in a descending wedge before starting a new up trend. The price is about to touch its first target, which is at 1.2377. It may hit...
by Rishikesh Lilawat | May 21, 2020 | Forex Trade Ideas, GBPAUD
Currently, GBP/AUD is trading at 1.8610. The pair is trading in a descending resistance and support wedges . It started a down trend on 6th April and are still following the same trend. If it breaks the resistance level at 1.8797 then the pair may start a new up...
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