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USDCAD New Trend On Upside.

USDCAD New Trend On Upside.

by | Apr 16, 2020 | Forex Trade Ideas, USDCAD

USDCAD was trading in falling wedge pattern for a very long time now it has broke-out from that pattern on the upside, so might see a new trend in USDCAD . We can see consolidation or small price correction for a shorter time and then a new long trend. One can...
GBPUSD Trading In Channel Pattern

GBPUSD Trading In Channel Pattern

by | Apr 16, 2020 | Forex Trade Ideas, GBPUSD

GBPUSD has just broke-out from its resistance level on upside and now it is trading at the same level called support level . From the chart, now it is trading in the upper part of the channel pattern and also trading at the support level . If it breaks from...
NZD/USD Technical Analysis.

NZD/USD Technical Analysis.

by | Apr 15, 2020 | Forex Trade Ideas, NZDUSD

Currently, NZD/USD is trading at 0.5992. Today started a new downtrend after breaking support and neckline at 0.6058. The price has already touched the first target and now is moving towards its next support level at 0.5893, which will be its second target. Do follow...
AUD/JPY Technical Analysis.

AUD/JPY Technical Analysis.

by | Apr 15, 2020 | AUDJPY, Forex Trade Ideas

Currently, AUD/JPY is trading at 67.98. Today started a new downtrend after breaking resistance and neckline at 68.35, the price is already moving towards its next support level at 66.98. We will consider this support level as our first target. Do follow us for future...
USDJPY At Important Price Level

USDJPY At Important Price Level

by | Apr 15, 2020 | Forex Trade Ideas, USDJPY

USDJPY is Trading in Descending Triangle Pattern, also it is trading on the downside while looking at the pattern, we might see the price consolidation within the support line and resistance line as shown in the chart. If the USDJPY breaks, from the descending...