by Ryan Lopes | May 26, 2020 | AUDUSD, Forex Trade Ideas
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 currently close to its resistance. Wait for the confirmation. ...
by Rishikesh Lilawat | May 26, 2020 | EURCAD, Forex Trade Ideas
Currently, EUR/CAD is trading at 1.5125. The pair started a new down trend on 25th May after breaking the support level at 1.5233. The pair was moving in ascending wedges before breaking the support level , now it is moving towards its first target, which is at...
by Rishikesh Lilawat | May 26, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.2332. The pair started a new up trend after breaking resistance level at 1.2192. The pair was trading in a descending wedge before starting a new up trend. The price is about to touch its first target, which is at 1.2377. It may hit...
by Vivek_Samale | May 26, 2020 | Forex Trade Ideas, USDCAD
USDCAD is trading in a descending triangle pattern. It is trading for a very long in pattern soon we can see a breakout of triangle pattern on the downside. One can initiate a short position on USDCAD on breakout by keeping stop loss according to the Risk Management...
by Vivek_Samale | May 26, 2020 | Forex Trade Ideas, USDJPY
USDJPY is trading near a strong resistance zone , which as tested several times earlier. It is trading in the ascending triangle pattern as well. We might see a breakout from pattern soon in an upward direction. One can initiate the long trade with a stop loss just...
by Ryan Lopes | May 25, 2020 | Forex Trade Ideas, USDJPY
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 currently inside ascending triangle . Wait for breakout. Let...