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GBPUSD Trading In Channel Pattern

GBPUSD Trading In Channel Pattern

by | Apr 16, 2020 | Forex Trade Ideas, GBPUSD

GBPUSD has just broke-out from its resistance level on upside and now it is trading at the same level called support level . From the chart, now it is trading in the upper part of the channel pattern and also trading at the support level . If it breaks from...
NZD/USD Technical Analysis.

NZD/USD Technical Analysis.

by | Apr 15, 2020 | Forex Trade Ideas, NZDUSD

Currently, NZD/USD is trading at 0.5992. Today started a new downtrend after breaking support and neckline at 0.6058. The price has already touched the first target and now is moving towards its next support level at 0.5893, which will be its second target. Do follow...
AUD/JPY Technical Analysis.

AUD/JPY Technical Analysis.

by | Apr 15, 2020 | AUDJPY, Forex Trade Ideas

Currently, AUD/JPY is trading at 67.98. Today started a new downtrend after breaking resistance and neckline at 68.35, the price is already moving towards its next support level at 66.98. We will consider this support level as our first target. Do follow us for future...
USDJPY At Important Price Level

USDJPY At Important Price Level

by | Apr 15, 2020 | Forex Trade Ideas, USDJPY

USDJPY is Trading in Descending Triangle Pattern, also it is trading on the downside while looking at the pattern, we might see the price consolidation within the support line and resistance line as shown in the chart. If the USDJPY breaks, from the descending...
EURUSD Trading at Crucial Support Level

EURUSD Trading at Crucial Support Level

by | Apr 15, 2020 | EURUSD, Forex Trade Ideas

EURUSD was trading in a rising wedge , also it has breakout from long term symmetrical triangle on the upside. It was trading at the support line of the rising wedge , which was a crucial support line, as it breaks the support line of the rising wedge we might see...
EURJPY IN DESCENDING TRIANGLE

EURJPY IN DESCENDING TRIANGLE

by | Apr 15, 2020 | EURJPY, Forex Trade Ideas

Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair is in the Descending triangle so one can wait for it to breakout....