by Rishikesh Lilawat | Mar 17, 2020 | Forex Trade Ideas, GBPJPY
The GBP/JPY initially rallied during the trading session on Monday, but then plunged into the ¥130 level. This is an area of support zone but considering that markets are trading on technicals at this point, it’s about the global fear index. So as the price is trading...
by Rishikesh Lilawat | Mar 17, 2020 | EURUSD, Forex Trade Ideas
As EUR/USD is trading at 1.1010 while writing, It is moving towards this months lowest. If the same trend continues then, it is possible that price will hit its resistance level at 1.0837. Over all price is forming a lower low lower high pattern, which looks like a...
by Rishikesh Lilawat | Mar 17, 2020 | EURJPY, Forex Trade Ideas
EURJPY is bullish on the long-term outlook. EURJPY remain under the bullish momentum. The price bottomed at the support level of $116.64 on 12 March. The bearish momentum was unable to break down the support level of $116.64. Following the scenario is the formation of...
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