by Rishikesh Lilawat | Mar 20, 2020 | Forex Trade Ideas, GBPCAD
GBP/CAD is currently trading at 1.6783, rebounded from its support level at 1.6593. Price is in down trend from some time but if it breaks its resistance level at 1.6990 then there are chances of trend reversal and price may come in up trend. If the price breaches...
by Rishikesh Lilawat | Mar 20, 2020 | Forex Trade Ideas, NZDUSD
NZD/USD currently trading at 0.5839, may breach the level of resistance at 0.5849. As the price is in down trend from long time and it is about to breach the resistance level , If that level of resistance is broken a new up trend can start and then its next...
by Rishikesh Lilawat | Mar 19, 2020 | EURGBP, Forex Trade Ideas
At the time of writing, EUR/GBP is trading at 0.9328 between a low of 0.9324, having traveled from a high of 0.9493 to a low of 0.9324. Currently the pair is showing a bearish move, but it can come in down trend if it breaks the support at 0.9241. Then its small...
by Rishikesh Lilawat | Mar 19, 2020 | EURCHF, Forex Trade Ideas
EUR/CHF currently trading at 5 year low price, but in 1 hour time frame it is not forming any conform pattern. The price is hovering in the support and resistance wedges without making any particular chart formation. Now it may touch it support level at 1.0533 and...
by Rishikesh Lilawat | Mar 19, 2020 | AUDJPY, Forex Trade Ideas
Price trend of AUD/JPY is same as NZD/JPY, It has also entered support zone and trading at its 11 years low price. There is chances of reversal if price breaks the level of 65.54, then it may enter into a new up trend. If the price starts a new up trend then its...
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