by Rishikesh Lilawat | May 4, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.2429. The pair started a downtrend today after breaking support level at 1.2464. The price is moving towerds the next support level at 1.0878, which is its first target and second target is at 1.0828. Do follow us for future Forex...
by Rishikesh Lilawat | May 4, 2020 | EURUSD, Forex Trade Ideas
Currently, EUR/USD is trading at 1.0897. The pair started a downtrend today after breaking support level at 1.0928. The price is moving towards the next support level at 1.0878, which is its first target and second target is at 1.0828. Do follow us for future Forex...
by Vivek | May 4, 2020 | Forex Trade Ideas, USDCAD
USDCAD is trading in Descending Triangle Pattern. It may face the resistance of the trend line after giving a good rally in preceding days. But it will not able to break the trend line and its pullback from the trend line resistance. So, we might see USDCAD may take...
by Vivek | May 4, 2020 | Forex Trade Ideas, NZDUSD
NZDUSD is trading according to the time cycle (as you can see in the chart). NZDUSD is also trading in a channel pattern moreover it is trading in a synchronize pattern with the time cycle. At the beginning of time cycle, price is at high point A or at the resistance...
by Vivek | May 4, 2020 | Forex Trade Ideas, USDJPY
USDJPY is trading in a falling wedge pattern. As price is trading in a narrow range soon, we will see price breakout from a falling wedge in USDJPY . USDJPY is trading below its support 1, so we might see a downside in USDJPY and the first target for downside will be...
by Ryan Lopes | May 3, 2020 | AUDUSD, 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 pair was in Ascending Channel and then it gave a breakout. Let us know your...