by Ryan Lopes | Apr 6, 2020 | Forex Trade Ideas, GBPCAD
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 middle of the Support and Resistance level. There is also...
by Rishikesh Lilawat | Apr 6, 2020 | Forex Trade Ideas, USDJPY
Currently, USD/JPY is trading at 109.01. Last week this pair started a new uptrend and now is moving towards its support level at 108.77. If it breaks the level of support at 108.77, it may enter into a downtrend and then the first target will be at 108.07. Do follow...
by Rishikesh Lilawat | Apr 6, 2020 | EURUSD, Forex Trade Ideas
Currently, EUR/USD is trading at 1.0798. Last week after trading in downtrend, this pair is now trading in sideways trend. As the price has already touched support zone , there are chances of reversal. If it breaks the level of resistance at 1.0911 it may enter into...
by Vivek | Apr 6, 2020 | Forex Trade Ideas, USDJPY
USDJPY has 50% retraced from its previous top according to Fibonacci retracement as it suggests we might see a continuation of further downtrend in USDJPY according to Fibonacci retracement level. one can trade on the downside for a shorter-term from the current level...
by Vivek | Apr 6, 2020 | EURUSD, Forex Trade Ideas
EURUSD is trading in symmetrical triangle noted in pink color also it has various support levels at the current price as you see in chart, price level is supported by extended trend line , previous support line and support line of the symmetrical triangle with...
by Vivek | Apr 6, 2020 | AUDUSD, Forex Trade Ideas
AUDUSD is trading in falling wedge resistance line for shorter term trade. One can trade on short side with falling wedge as stoploss and target will be the support line of the falling wedge . The long term trend in AUDUSD is on downside. Like/Comment/Follow Us For...