by Rishikesh Lilawat | May 13, 2020 | Forex Trade Ideas, USDCAD
Currently, USD/CAD is trading at 1.4093. The pair started a new up trend on 11th May after breaking resistance level and now the price is forming higher-high lower-low pattern, while moving in support and resistance wedges . Its first target is at 1.4170 and second...
by Rishikesh Lilawat | May 13, 2020 | EURUSD, Forex Trade Ideas
Currently, EUR/USD is trading at 1.0818. The pair started a sideways trend on 8th may after rebounding from its resistance level and now the price is consolidating in the resistance and support wedges . If the price breaks the resistance level at 1.0883, then it may...
by Vivek_Samale | May 13, 2020 | Forex Trade Ideas, NZDUSD
NZDUSD is trading in expanding wedge pattern. It has taken support at support zone and bounces back from the support zone . We might see this bounce back proceeding towards the resistance level of expanding wedge pattern. One can trade for long on NZDUSD with a stop...
by Vivek_Samale | May 13, 2020 | Forex Trade Ideas, GBPCAD
GBPCAD is trading in parallel channel pattern for a long time. It is now at a very crucial point of the breakout in the parallel channel pattern. One can initiate the short trade on pair with a stop loss just above the trend line . If You Like Idea Do-Follow For More...
by Vivek_Samale | May 13, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is trading in a falling wedge pattern. We might see further downside in GBPJPY , which can give good 50 or 60 pips profit for the downside. One can take short trade with a proper risk management system at the current level. If pair consolidates at the current...
by Ryan Lopes | May 13, 2020 | EURCHF, 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 descending triangle . One can wait for the breakout....
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