by Rishikesh Lilawat | Jun 10, 2020 | Forex Trade Ideas, GBPAUD
Currently, GBP/AUD is trading at 1.8206. The pair is in down trend from 6th April and now consolidating in the wedges . The pair may start a new up trend it breaks the resistance level at 1.8344, then its first target will be at 1.8768 and second target will be at...
by Vivek_Samale | Jun 10, 2020 | Forex Trade Ideas, USDCHF
USDCHF has given a breakout from the descending triangle pattern. We might see further long term downside in USDCHF towards the support level. It might consolidate at a minor support level denoted by the dotted line. It is trading in channel pattern after given a...
by Vivek_Samale | Jun 10, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is forming the head & shoulder pattern at the top, which is a bearish trend signal. According to chart pattern analysis, we might see a downturn in GBPJPY towards the support level, as shown in the chart. Short side trade can be initiated with proper risk...
by Ryan Lopes | Jun 9, 2020 | Forex Trade Ideas, USDCAD
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, price is inside descending channel . One can take a sell trade. Let us know...
by Ryan Lopes | Jun 9, 2020 | Forex Trade Ideas, USDCHF
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 at a crucial point. One can wait for confirmation Let us know...
by Rishikesh Lilawat | Jun 9, 2020 | Forex Trade Ideas, GBPJPY
Currently, GBP/JPY is trading at 137.22. The pair started a new down trend on 8th June after breaking support level at 138.29. The price is forming a lower-low-lower high pattern and moving towards its first target, which is at 135.99 and its second target is at...