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ANALYSIS ON EURCAD

ANALYSIS ON EURCAD

by | May 11, 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 hit the support and went up. It also broke the trendline and did a...
GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

by | May 11, 2020 | Forex Trade Ideas, GBPJPY

Currently, GBP/JPY is trading at 132.75. The pair started a new up trend on 8th May after breaking resistance level at 131.62. The price is in down trend from 1st May and now started a new up trend after breaking resistance. It has already hit the first target at...
AUDJPY At Resistance Level Of Wedge

AUDJPY At Resistance Level Of Wedge

by | May 11, 2020 | AUDJPY, Forex Trade Ideas

AUDJPY is trading in expanding wedge pattern, we might see some downside from the current price level in AUDJPY towards the minor support and then if it breaks minor support on the downside, it may examine expanding wedge support level .One can initiate the trade at...
AUDUSD At Trend Reversal Point.

AUDUSD At Trend Reversal Point.

by | May 11, 2020 | AUDUSD, Forex Trade Ideas

AUDUSD has taken very good support at the trend line , but after making 100% Fibonacci retracement , it came down and broke the trend line , again tested the 100% Fibonacci retracement level. But it failed to give a breakout. We consider it a double top formation,...
GBPCAD CLOSE TO ITS SUPPORT

GBPCAD CLOSE TO ITS SUPPORT

by | May 11, 2020 | Forex Trade Ideas, GBPCAD

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 support. One can wait for the confirmation....