by Ryan Lopes | May 3, 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 pair is in Ascending Channel and has currently tested its support level ....
by Rishikesh Lilawat | Apr 30, 2020 | EURCAD, Forex Trade Ideas
Currently, EUR/CAD is trading at 1.5232. The pair started a sideways trend on 2 April and now the price is moving towards the resistance level . If the price breaks the resistance level at 1.5259, then it may touch its next resistance level at 1.5592, which will be...
by Vivek | Apr 30, 2020 | Forex Trade Ideas, GBPAUD
GBPAUD is trading in a falling wedge pattern, it is now trading in a very narrow price range, so we might see a breakout on either side soon in GBPAUD pair. One can wait till breakout to take trade-in GBPAUD pair. If You Like Idea Do Follow/Comment/Like For More Quick...
by Vivek | Apr 30, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is trading in range-bound movement. We might see this consolidation to continue for some more time, moreover one can take buy or sell call on GBPJPY at support or resistance level of consolidation range, respectively. Once the pair breaks out from the...
by Vivek | Apr 30, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD is trading at 62% Fibonacci retracement level. It has previously tested the 62% level thrice but failed to give a breakout above 62% Fibonacci retracement level. Now it might reverse its trend on the downside channel pattern, as you can see in the chart. One...
by Rishikesh Lilawat | Apr 29, 2020 | Forex Trade Ideas, USDCHF
Currently, USD/CHF is trading at 0.9737. The pair started a sideways trend on 7 April and now the price is consolidating in the resistance and support wedges . If the price breaks the resistance level at 0.9799, then it may touch its resistance zone at 0.9978....
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