by Rishikesh Lilawat | Mar 19, 2020 | Forex Trade Ideas, NZDJPY
NZD/JPY currently trading at 61.10, previously traded at this price in may 2012. It broke the support level at 62.86 to from a new down trend and touched its support zone . Currently trading at its 8 years low price, but there is a significant chances of reversal from...
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 Vivek | Mar 18, 2020 | AUDJPY, Forex Trade Ideas
AUDJPY is trading at channel line support and also it is trading in falling wedge as shown in chart image. if AUDJPY takes support at current level we might see some bounce back in AUDJPY towards channel Resistance line as target . but if it falls below channel...
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 Vivek | Mar 18, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY has show some unusal pattern for forming bottom bottom 2 lower than bottom 1 and then shows bounce back for shorter time one can trade little risky trade for some handsome profit for long side. keep in mind to place strict stoploss and manage the risk and...