by Rishikesh Lilawat | Apr 8, 2020 | Forex Trade Ideas, NZDUSD
Currently, NZD/USD is trading at 0.6016. After trading in an uptrend from last week, price is now consolidating in the resistance and support wedges . If it breaks resistance level at 0.6044, then the pair may come into an uptrend and its small resistance at 0.6160...
by Rishikesh Lilawat | Apr 8, 2020 | EURGBP, Forex Trade Ideas
Currently, EUR/GBP is trading at 0.8762. After trading in downtrend from last week, this week the pair started trading in sideways trend and formed a descending triangle pattern. If it breaks neckline at 0.8907 after breaking resistance levels, then the pair may come...
by Rishikesh Lilawat | Apr 7, 2020 | Forex Trade Ideas, USDCHF
Currently, USD/CHF is trading at 0.9687. On Monday, April 7 this pair started trading in downtrend after breaking its support level at 0.9762. The price is now moving towards its next support and first target at 0.9648. If it breaks next support at 0.9648 then it may...
by Rishikesh Lilawat | Apr 7, 2020 | EURJPY, Forex Trade Ideas
Currently, EUR/JPY is trading at 118.60. From the last week, this pair is trading in uptrend and making a higher-high and lower-low pattern. The price is about to break its resistance level at 118.10. If it breaks the level of resistance at 118.10, it may enter into a...
by Rishikesh Lilawat | Apr 7, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.2324. From the last week, this pair is consolidating in the resistance and support wedges . Its resistance and support levels are at 1.2481 and 1.2162. If it breaks the level of support at 1.2162, it may enter into a downtrend and...
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