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GBPJPY Trading In Rising Wedge Pattern

GBPJPY Trading In Rising Wedge Pattern

by | May 28, 2020 | Forex Trade Ideas, GBPJPY

GBPJPY is trading a rising wedge pattern. It is trading in strong support and resistance zone. One can initiate a long trade near the support line of the rising wedge pattern with proper stop loss and risk management system, but if it breaks out of rising...
ANALYSIS ON GBPCHF

ANALYSIS ON GBPCHF

by | May 28, 2020 | Forex Trade Ideas, GBPCHF

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, the price is going up in channel. One can take a buy trade, till the...
ANALYSIS ON AUDJPY

ANALYSIS ON AUDJPY

by | May 27, 2020 | AUDJPY, 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, the price is in rising wedge . One can take a buy trade, till the...
ANALYSIS ON GBPUSD

ANALYSIS ON GBPUSD

by | May 27, 2020 | Forex Trade Ideas, GBPUSD

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, the price is currently moving upwards by respecting its trendline . One can...
USD/JPY Technical Analysis.

USD/JPY Technical Analysis.

by | May 27, 2020 | Forex Trade Ideas, USDJPY

Currently, USD/JPY is trading at 107.66. The pair is consolidating in the resistance and support wedges . If it breaks the resistance level at 108.00, the pair may start a new up trend and its target price will be at 109.00. If it breaks the support level at 107.44,...
EUR/USD Technical Analysis.

EUR/USD Technical Analysis.

by | May 27, 2020 | EURUSD, Forex Trade Ideas

Currently, EUR/USD is trading at 1.0985. The pair is moving in resistance and support wedges , which may start a new up trend if it breaks the resistance level at 1.1008. If this happens, its first target will be at 1.1140 and the second target will be at 1.1273. Do...