by Vivek | Aug 17, 2020 | EURUSD, Forex Trade Ideas
EURUSD is consolidating after giving a good upside movement . As it is trading in range bound movement ,we might see upside from current level in EURUSD . According to chart pattern analysis, one can initiate the long trade in EURUSD from current level with proper...
by Rishikesh Lilawat | Aug 17, 2020 | Forex Trade Ideas, USDCHF
Currently, USD/CHF is trading at 0.9077. The pair is consolidating in the resistance and support wedges . The pair may start a new downtrend if it breaks the support level at 0.9058, likely the pair may rebound back after touching support levels and continue to...
by Rishikesh Lilawat | Aug 14, 2020 | AUDJPY, Forex Trade Ideas
Currently, AUD/JPY is trading at 76.26. The price is moving in up trend by making higher high and lower low pattern. The pair may start a new down trend if it breaks the support level at 76.08, likely It is possible that the pair may rebound back after...
by Rishikesh Lilawat | Aug 13, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.3102. The price has formed a head and shoulders pattern. The pair may start a new down trend if it breaks the support level and neck line at 1.3011, likely It is possible that the pair may rebound back after touching support levels....
by Vivek | Aug 12, 2020 | Forex Trade Ideas, NZDUSD
NZDUSD is trading in Descending Channel Pattern after making the top from the previous upside movement. At the current level, it is trading at the support level of the channel pattern, as shown in the chart. According to chart pattern analysis, we might see a small...
by Rishikesh Lilawat | Aug 12, 2020 | EURUSD, Forex Trade Ideas
Currently, EUR/USD is trading at 1.1733. The pair is consolidating in the resistance and support wedges . The pair may start a new downtrend if it breaks the support level at 1.1703, likely the pair may rebound back after touching support levels. If the pair starts a...