by Rishikesh Lilawat | Mar 18, 2020 | Forex Trade Ideas, GBPAUD
The chart pattern is same as EUR/CAD, It is not forming any reliable trend and hovering in the resistance and support levels. Until itit breaks the support or resistance level , it is not possible for price to come in a particular trend. Do follow us for future Forex...
by Rishikesh Lilawat | Mar 18, 2020 | EURCAD, Forex Trade Ideas
The Euro moved higher against its Canadian counterpart on Tuesday, as declining oil prices weighed on the commodity-related Canadian currency, although the pair is trading in the side ways direction and not forming any particular pattern. If it breaks the support...
by Rishikesh Lilawat | Mar 18, 2020 | Forex Trade Ideas, USDCAD
The USD/CAD rose further during the American session on the back of a stronger US dollar and a decline in crude oil prices. It climbed to 1.4275, level last seen back in January 2016. As the price climbs further we consider an upward target at 1.4430. Do follow us for...
by Rishikesh Lilawat | Mar 17, 2020 | Forex Trade Ideas, GBPAUD
The price is hovering in the same range and there is no strong trend to follow. In this type of pattern there are a lot of chances of hitting stop losses. Do follow us for future forex updates. Thank you, Rishikesh Lilawat VIEW MY FULL...
by Rishikesh Lilawat | Mar 17, 2020 | Forex Trade Ideas, GBPJPY
The GBP/JPY initially rallied during the trading session on Monday, but then plunged into the ¥130 level. This is an area of support zone but considering that markets are trading on technicals at this point, it’s about the global fear index. So as the price is trading...