by Rishikesh Lilawat | May 19, 2020 | Forex Trade Ideas, NZDUSD
Currently, NZD/USD is trading at 0.6098. The pair started a new up trend after breaking resistance level at 0.6021. The pair has already hit its first target at 0.6081 and is now moving towards its second target, which is at 0.6141. Do follow us for future Forex...
by Rishikesh Lilawat | May 19, 2020 | Forex Trade Ideas, GBPUSD
Currently, GBP/USD is trading at 1.2247. The pair started a new up trend after breaking resistance level at 1.2177. The price is moving towards its first target at 1.2340, if it breaks the first target then it may hit the second target at 1.2440. Do follow us for...
by Vivek_Samale | May 19, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY was trading in a falling wedge pattern and now it has given a good breakout from the pattern on the upside, but this upside can be limited in GBPJPY as the price will face multiple resistances on the upside. If long trade initiated on GBPJPY , one should Book...
by Vivek_Samale | May 19, 2020 | AUDUSD, Forex Trade Ideas
AUDUSD is trading in an ascending triangle pattern. Also, it is trading at a strong resistance zone , which can be a triple top pattern, if price reverses from the current level. one can initiate short trade with a stop loss just above the resistance zone . If it...
by Vivek_Samale | May 19, 2020 | EURCAD, Forex Trade Ideas
EURCAD is trading in a symmetrical pattern, which indicates the indecisiveness in the trend. One can wait until the EURCAD breakout from the symmetrical triangle pattern and trade according to the breakout side with the proper risk management system. If You Like Idea...
by Ryan Lopes | May 19, 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, the price is currently in sideways market and now is at its support. One can...