by Rishikesh Lilawat | Mar 31, 2020 | Forex Trade Ideas, GBPCHF
While writing GBP/CHF is trading at 1.1965 moving towards its resistance level , from last week, this pair is trading in an uptrend and still, it is moving towards its resistance level . If it breaks resistance level at 1.2072, pair may hit its next resistance...
by Rishikesh Lilawat | Mar 31, 2020 | AUDJPY, Forex Trade Ideas
Currently, AUD/JPY is trading at 66.14, consolidating in the same range. Last week this pair started its uptrend and after rebounding from its resistance level , it is trading in a sideways direction. If it breaks support at 65.28, pair may enter into a new downtrend...
by Vivek_Samale | Mar 31, 2020 | Forex Trade Ideas, GBPCAD
GBPCAD has respected the Fibonacci retracement levels in the past very well as you can see it from the chart also from the current level it has to take the support at a 61% level. GBPCAD is also trading in rising wedge pattern. Long side trade can be initiate for a...
by Vivek_Samale | Mar 31, 2020 | Forex Trade Ideas, NZDUSD
NZDUSD has given a good break out from the Ascending Triangle Pattern which has formed at the bottom, as you can see in chart. Also it continues to take support of the trendline from bottom. Now if the pair takes support at trendline we might see more upside...
by Vivek_Samale | Mar 31, 2020 | EURGBP, Forex Trade Ideas
EURGBP was taking the trendline support ever since it has formed bottom, as you can see in chart. Once EURGBP reaches the top (refer chart), it reversed downside and it has broken its trendline support as well. Now the pair is trading in a falling wedge pattern as you...
by Vivek_Samale | Mar 31, 2020 | AUDUSD, Forex Trade Ideas
AUDUSD is trading in a rising wedge and range is getting narrower and narrower as you can see on the chart also it has given 50% Fibonacci retracement from its bottom, it will no surprise if it gives a breakout on downside. One can only trade for long term...
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