by Rishikesh Lilawat | Apr 16, 2020 | EURJPY, Forex Trade Ideas
Currently, EUR/JPY is trading at 116.88. The pair started a downtrend on 13 April and after touching its support zone , it is possible that it will rebound from here. If the price breaks neckline at 117.49, it may enter into a new uptrend and then its next resistance...
by Rishikesh Lilawat | Apr 15, 2020 | Forex Trade Ideas, NZDUSD
Currently, NZD/USD is trading at 0.5992. Today started a new downtrend after breaking support and neckline at 0.6058. The price has already touched the first target and now is moving towards its next support level at 0.5893, which will be its second target. Do follow...
by Rishikesh Lilawat | Apr 15, 2020 | AUDJPY, Forex Trade Ideas
Currently, AUD/JPY is trading at 67.98. Today started a new downtrend after breaking resistance and neckline at 68.35, the price is already moving towards its next support level at 66.98. We will consider this support level as our first target. Do follow us for future...
by Rishikesh Lilawat | Apr 14, 2020 | Forex Trade Ideas, USDCAD
Currently, USD/CAD is trading at 1.3891. After starting a downtrend on 25 March, the pair is now moving towards its support level at 1.3857. As the price is already trading in the downtrend, if the price breaks the support level at 1.3857, it may continue its...
by Rishikesh Lilawat | Apr 14, 2020 | EURJPY, Forex Trade Ideas
Currently, EUR/JPY is trading at 117.56. After starting a downtrend on 13 April, the pair is now making a lower low, lower high price pattern. As the price is already trading in the down trend, its next support level is at 116.96 on its support zone and that is the...