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GBP/AUD Technical Analysis.

GBP/AUD Technical Analysis.

by | May 6, 2020 | Forex Trade Ideas, GBPAUD

Currently, GBP/AUD is trading at 1.9245. The pair started a new down trend on 4th may after rebounding back from its resistance level at 1.9515. The price is in down trend from 6th april and moving in support and resistance wedges . It may touch its support level at...
GBPUSD At Support Level .

GBPUSD At Support Level .

by | May 6, 2020 | Forex Trade Ideas, GBPUSD

GBPUSD is trading in an ascending triangle pattern. It is now at the very support level of the ascending triangle pattern. One can initiate a long trend on pair with a stop loss just below the support line of the ascending triangle . But, if it breaks the ascending...
AUDJPY Strong Trend Reversal Pattern.

AUDJPY Strong Trend Reversal Pattern.

by | May 6, 2020 | AUDJPY, Forex Trade Ideas

AUDJPY has given a good rally from its bottom and now it has given a good breakout from its rising wedge pattern, towards the downside. It has formed a complete head and shoulder pattern at the top, which is an indication of a trend reversal signal so, we might see a...
USDCHF Trading In Channel Pattern

USDCHF Trading In Channel Pattern

by | May 6, 2020 | Forex Trade Ideas, USDCHF

USDCHF is constantly trading in a channel pattern for a very long time. We might see that it may trade in the same manner for some more time. One can trade for long or short with stop loss, considering support and resistance of channel pattern respectively. If You...
USD/CAD Technical Analysis.

USD/CAD Technical Analysis.

by | May 5, 2020 | Forex Trade Ideas, USDCAD

Currently, USD/CAD is trading at 1.4030. The pair started a downtrend on 4th may after rebounding back from resistance level at 1.4151. The price is moving towards the next support level at 1.3974, which is its first target and second target is at 1.3865. Do follow us...
USD/CHF Technical Analysis.

USD/CHF Technical Analysis.

by | May 5, 2020 | Forex Trade Ideas, USDCHF

Currently, USD/CHF is trading at 0.9729. The pair started an uptrend on 4th may after rebounding back from support level at 0.9596. The price is moving towards the next resistance level at 0.9742, which is its first target and second target is at 0.9798. Do follow us...