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NZD/USD Technical Analysis.

NZD/USD Technical Analysis.

by | 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...
EUR/USD Technical Analysis.

EUR/USD Technical Analysis.

by | 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...
USD/JPY Technical Analysis.

USD/JPY Technical Analysis.

by | 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...
GBP/USD Technical Analysis.

GBP/USD Technical Analysis.

by | Jun 15, 2020 | Forex Trade Ideas, GBPUSD

Currently, GBP/USD is trading at 1.2564. The pair started a new down trend after breaking the support level at 1.2699. The pair is now trading in a down trend while moving in a lower-low lower-high pattern and the price has already hit the first target at 1.2465. It...
EURUSD Channel Pattern Trade For Short

EURUSD Channel Pattern Trade For Short

by | Jun 15, 2020 | EURUSD, Forex Trade Ideas

EURUSD has made a double top. Now it is trading in the Descending Channel Pattern. According to Chart pattern analysis, we might see trend continuation on the downside in channel pattern. One can initiate the short side trade, with proper risk management and stop loss...
BUY TRADE ON GBPAUD

BUY TRADE ON GBPAUD

by | Jun 15, 2020 | Forex Trade Ideas, GBPAUD

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 price is moving upwards, inside the broadening wedge . One can take a...