by Ryan Lopes | Mar 18, 2020 | Forex Trade Ideas, GBPCAD
Hello traders. So here is our analysis on GBPCAD . Its a very simple analysis. We have used SUPPORT and RESISTANCE line. The pair is moving inside its CHANNEL for a long time now but has respected its support and resistance line every time. Now as we can see that the...
by Ryan Lopes | Mar 18, 2020 | Forex Trade Ideas, NZDJPY
Hi guys. Hope you are having a wonderful week. Almost all pairs are running in CHANNELS in this market condition. So we have analysis on NZDJPY . The pair seems to be in a downtrend channel but is currently at its SUPPORT. Our analysis is that the pair will hit the...
by Ryan Lopes | Mar 18, 2020 | Forex Trade Ideas, NZDUSD
Hello traders, here is our analysis on NZDUSD . The market is been crazy lately but still we found this pair that is at a very crucial price right now. As we can see that the pair is moving in a DESCENDING BROADENING WEDGE and has touched its SUPPORT line. The pair...
by Ryan Lopes | Mar 18, 2020 | Forex Trade Ideas, USDCAD
Good morning people. How’s the week going? Here is our analysis on USDCAD . The time frame used is H1. As we can see that the current trend this pair is going is buy, and it did break out of its resistance, then retrace back a bit hitting the support again and...
by Ryan Lopes | Mar 17, 2020 | Forex Trade Ideas, NZDJPY
Hello friends. Here is an analysis on NZDJPY . As we can see in D1 the pair is going in descending broadening pattern and the pair is respecting every support and resistance points inside that channel. Currently the pair hit the support line and started going up. One...