by Ryan Lopes | May 18, 2020 | EURCAD, 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 in the symmetrical triangle. Wait for the breakout. Let...
by Ryan Lopes | May 18, 2020 | Forex Trade Ideas, GBPJPY
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 its support and resistance . There is also a...
by Rishikesh Lilawat | May 18, 2020 | Forex Trade Ideas, USDJPY
Currently, USD/JPY is trading at 107.35. The pair can start a new up trend after breaking resistance level . If it breaks the resistance level at 107.46, it may start a new up trend and then its first target will be at 108.39 and second target will be at 109.32. Do...
by Vivek_Samale | May 18, 2020 | Forex Trade Ideas, GBPAUD
GBPAUD is trading in descending parallel channel pattern. It is trading very near to support the level of channel pattern. We might see a bounce back from the current level towards the minor resistance and then resistance line of descending channel pattern. One can...
by Vivek_Samale | May 18, 2020 | EURUSD, Forex Trade Ideas
EURUSD is trading in a descending triangle pattern. It trades at the resistance level of the descending triangle, so we might see it moving towards the support zone level from the current level. One can trade for the short side with a stop loss just above the...
by Vivek_Samale | May 18, 2020 | EURGBP, Forex Trade Ideas
EURGBP is forming a descending triangle pattern after giving a good upside rally. Descending triangle pattern is a bearish pattern, it indicate that we may see a downside in EURGBP towards the support level indicated in the chart. Trade for the short side can be...