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GBP/USD Technical Analysis.

GBP/USD Technical Analysis.

by | May 19, 2020 | Forex Trade Ideas, GBPUSD

Currently, GBP/USD is trading at 1.2247. The pair started a new up trend after breaking resistance level at 1.2177. The price is moving towards its first target at 1.2340, if it breaks the first target then it may hit the second target at 1.2440. Do follow us for...
GBPJPY Breakout From Falling Wedge.

GBPJPY Breakout From Falling Wedge.

by | May 19, 2020 | Forex Trade Ideas, GBPJPY

GBPJPY was trading in a falling wedge pattern and now it has given a good breakout from the pattern on the upside, but this upside can be limited in GBPJPY as the price will face multiple resistances on the upside. If long trade initiated on GBPJPY , one should Book...
AUDUSD Trading at strong resistance Zone.

AUDUSD Trading at strong resistance Zone.

by | May 19, 2020 | AUDUSD, Forex Trade Ideas

AUDUSD is trading in an ascending triangle pattern. Also, it is trading at a strong resistance zone , which can be a triple top pattern, if price reverses from the current level. one can initiate short trade with a stop loss just above the resistance zone . If it...
ANALYSIS ON USDCAD

ANALYSIS ON USDCAD

by | May 19, 2020 | Forex Trade Ideas, USDCAD

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 in sideways market and now is at its support. One can...
ANALYSIS ON EURCAD

ANALYSIS ON EURCAD

by | May 18, 2020 | EURCAD, 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 currently in the symmetrical triangle. Wait for the breakout. Let...