by Rishikesh Lilawat | Jun 18, 2020 | Forex Trade Ideas, GBPJPY
Currently, GBP/JPY is trading at 132.68. The pair started a new down trend on 9th June and after giving the exit signal on regression trend, it consolidated between the resistance and support levels. After breaking the support level and neck line at 133.97, the pair...
by Rishikesh Lilawat | Jun 17, 2020 | AUDUSD, Forex Trade Ideas
Currently, AUD/USD is trading 0.6903. The pair is consolidating in the resistance and support levels. Previously, the pair was trading in a down trend and after touching support level , it started consolidating in the resistance and support levels. If the price breaks...
by Rishikesh Lilawat | Jun 16, 2020 | Forex Trade Ideas, NZDUSD
Currently, NZD/USD is trading at 0.6456. The pair may start a new down trend if it breaks the support level at 0.6389. The pair is now consolidating in the resistance and support wedges . If the price breaks the support level then it may start a new down trend and its...
by Rishikesh Lilawat | Jun 16, 2020 | EURUSD, Forex Trade Ideas
Currently, EUR/USD is trading at 1.1266. The pair may start a new down trend if it breaks the support level at 1.1221. The pair is now consolidating in the resistance and support levels. If the price breaks the support level then it may start a new down trend and its...
by Rishikesh Lilawat | Jun 15, 2020 | Forex Trade Ideas, USDJPY
Currently, USD/JPY is trading 107.26. The pair may start a new up trend if it breaks the resistance level at 107.49. Previously, the pair was trading in a down trading while moving in an lower-low lower-high pattern. If the pair breaks the resistance level and starts...