by Rishikesh Lilawat | Apr 14, 2020 | EURJPY, Forex Trade Ideas
Currently, EUR/JPY is trading at 117.56. After starting a downtrend on 13 April, the pair is now making a lower low, lower high price pattern. As the price is already trading in the down trend, its next support level is at 116.96 on its support zone and that is the...
by Rishikesh Lilawat | Apr 10, 2020 | Forex Trade Ideas, GBPCHF
Currently, GBP/CHF is trading at 1.2033. After starting an uptrend on 23 March, the pair is now trading in resistance and support wedges without forming any price pattern. If the price breaks support level at 1.1926, then the pair may come into a downtrend and then...
by Rishikesh Lilawat | Apr 10, 2020 | EURCHF, Forex Trade Ideas
Currently, EUR/CHF is trading at 1.0554. After starting a downtrend on 26 March, the price has now formed a descending triangle pattern. As the price is about to touch the support level , it may rebound back after touching the support level . If it breaks resistance...
by Rishikesh Lilawat | Apr 9, 2020 | Forex Trade Ideas, GBPAUD
Currently, GBP/AUD is trading at 1.9710. After trading in downtrend from last week, price has now touched its support level at 1.9612 and it may rebound back from here. If it breaks resistance level at 1.9796, then the pair may come into an uptrend and its small...
by Rishikesh Lilawat | Apr 9, 2020 | AUDUSD, Forex Trade Ideas
Currently, AUD/USD is trading at 0.6310. After trading in uptrend from last week, price has now touched its resistance level at 0.6308 and it may rebound back from here. If it breaks support level at 0.6261, then pair may come into a downtrend and its small support at...
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