by Ryan Lopes | Mar 23, 2020 | AUDUSD, Forex Trade Ideas
Hello traders, new week new analysis. We start with AUDUSD . As we can see that there is an amazing channel breakout in this pair. After breakout the pair even retested at 0.58043 and started falling back. As per our analysis there is a support at the level around...
by Rishikesh Lilawat | Mar 23, 2020 | Forex Trade Ideas
Currently price is trading at 128.11 while writing, following the down trend and hovering in the wedges . It seems chances of reversal but no conformed signals can be seen. If the price breaks the resistance level of 132.11, then it may come in up trend and then its...
by Rishikesh Lilawat | Mar 23, 2020 | EURUSD, Forex Trade Ideas
Currently the price is trading at its three years low and entered the support zone , After forming head and shoulder pattern it broke the neck line to again go in down trend. As the price has already touched the support zone it is possible that it can reverse back...
by Rishikesh Lilawat | Mar 20, 2020 | Forex Trade Ideas, GBPCHF
GBP/CHF currently trading at 1.1575 and the resistance level is at 1.1610, If the price breaches the resistance level then there are chances of trend reversal. Price on 19 march 2020 rebounded from its support level and continuously moved toward its resistance...
by Vivek_Samale | Mar 20, 2020 | Forex Trade Ideas, NZDJPY
NZDJPY is trading in upper part of channel if the resistance of channel breaks we might see further upside in NZDJPY if it rebound from resistance line we may see further consolidation in upper part of channel and then upside breakout in NZDJPY . Stay With Us For More...
by Rishikesh Lilawat | Mar 20, 2020 | Forex Trade Ideas, GBPCAD
GBP/CAD is currently trading at 1.6783, rebounded from its support level at 1.6593. Price is in down trend from some time but if it breaks its resistance level at 1.6990 then there are chances of trend reversal and price may come in up trend. If the price breaches...