by Rishikesh Lilawat | Apr 10, 2020 | EURCHF, Forex Trade Ideas
Currently, EUR/CHF is trading at 1.0554. After starting a downtrend on 26 March, the price has now formed a descending triangle pattern. As the price is about to touch the support level , it may rebound back after touching the support level . If it breaks resistance...
by Vivek | Apr 10, 2020 | Forex Trade Ideas, GBPAUD
GBPAUD is trading just above the support level . At a point, a trendline , support and resistance of the channel pattern are crossing each other which will act as strong support for the GBPAUD . We might see some bounce back from point a of GBPAUD towards the...
by Vivek | Apr 10, 2020 | AUDJPY, Forex Trade Ideas
AUDJPY is trading in a rising wedge pattern, also it is facing long term resistance 1 at the top, so we might see some correction on the downside in audjpy and move in an upward direction or we may see a continuation on sideways price movement as long holiday ahead....
by Rishikesh Lilawat | Apr 9, 2020 | Forex Trade Ideas, GBPAUD
Currently, GBP/AUD is trading at 1.9710. After trading in downtrend from last week, price has now touched its support level at 1.9612 and it may rebound back from here. If it breaks resistance level at 1.9796, then the pair may come into an uptrend and its small...
by Rishikesh Lilawat | Apr 9, 2020 | AUDUSD, Forex Trade Ideas
Currently, AUD/USD is trading at 0.6310. After trading in uptrend from last week, price has now touched its resistance level at 0.6308 and it may rebound back from here. If it breaks support level at 0.6261, then pair may come into a downtrend and its small support at...
by Vivek | Apr 9, 2020 | EURCHF, Forex Trade Ideas
EURCHF seems to be unpredictable as I recommend to trade very cautiously. It is trading in a channel pattern, also now it is trading in the upper part of the channel. If it breaks out from the channel, we might see long term trends on the breakout side....
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