Hello traders, NZD/USD is trading at 0.7180. The price is trading in a downward resistance and support wedges and can break support level to continue its down trend. If the price breaks the support level at 0.7172, it can continue its down trend and its target prices are as follows. 1st target price at 0.7139 and 2nd target price at 0.7111. Follow proper risk...
Hello traders, EUR/USD is trading at 1.2164. The price is trading in a descending triangle pattern and moving towards strong support level at 1.2151. If the price breaks the support level at 1.2151, it can continue its down trend and its target prices are as follows. 1st Target price at 1.2106 and 2nd target price at 1.2067. Follow proper risk management strategy...
Hello traders, EUR/USD is trading at 1.2340. The price is trading at 2 years high and just touched it resistance level, now it can rebound back to its support level at 1.2256 before continuing its upward trend. The overall trend of the pair is upward but we can get a small down move before continuing the up trend. Follow proper risk management strategy to avoid...
Currently, GBP/USD is trading at 1.3596. The price is trading at 2 years high and now it can consolidate before moving back upwards. If the price breaks 1.3620 level then it can continue its up trend and its target price will be at 1.3724. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of...
Currently, NZD/USD is trading at 0.7127. The price is trading in upward resistance and support level and can rebound back to resistance level after touching support. If the price rebound back after touching support, then 0.7120 is the best price to enter long position and the target price will be 0.7196. Mostly, channel trades give a good risk to reward ratio and...
Currently, USD/JPY is trading at 104.10. The pair is trading in a sideways trend and can break the support level to start a new down trend. If the price breaks the support level at 103.66, then it can start a new down trend and its first target will be at 103.20 and second target will be at 102.65. Follow proper risk management strategy to avoid unnecessary...
Currently, NZD/USD is trading at 0.7062. The pair is trading at its 2 years high and hovering near its small resistance level. If the price breaks the resistance level at 0.7084, then it can continue its up trend towards its next resistance level. The entry price for long will be above 0.7084, 1st target price will be at 0.7156 and 2nd target price will be at...
Currently, USD/CHF is trading at 0.9033. The pair is trading in between resistance and support wedges from last 4 months and now the price has touched the support level. It can rebound back from here to start a new up trend. If the price moves upward and break 0.9068 price level, then it can move towards its resistance and its first target price will be at 0.9151...
Currently, USD/JPY is trading at 103.91. The pair is trading in downward resistance and support wedges and can continue the same trend if it breaks the support level at 103.79. If the price breaks the support level, then it can continue the downward trend and hit the target price at 103.14. Follow proper risk management strategy to avoid unnecessary losses and to...
Currently, AUD/USD is trading at 0.7356. The pair is trading at its 2 Months high and can touch its resistance zone soon. As the price has just breached its resistance level at 0.7340 and started a new up trend. The entry price was at 0.7340 and it can again come back to its entry price. Its target price is at 0.7409 and stop loss price is at 0.7300. Follow...
Currently, GBP/USD is trading at 1.3260. The pair is trading in an upward trend and can break the resistance level for further continuing the same trend. If the price breaks the resistance level at 1.3280, then it can continue the uptrend and touch its target price at 1.3468. Follow proper risk management strategy to avoid unnecessary losses and to increase...
Currently, USD/CHF is trading at 0.9146. The pair is trading in a downward resistance and support channel and just touched its resistance level. If the price goes below 0.9132, then it can start a new down trend and its target price will be the strong support level at 0.8988. Follow proper risk management strategy to avoid unnecessary losses and to increase...
Currently, EUR/USD is trading at 1.1789. The pair is trading in a downward trend and now consolidating above its small support level. If the price breaks the support level at 1.1750, then it can start a new down trend and its target price will be the strong support at 1.1622. Follow proper risk management strategy to avoid unnecessary losses and to increase...
Currently, NZD/USD is trading at 0.6891. The pair is trading at its 20 Months high and can touch its resistance zone soon. It can consolidate after entering its resistance zone and then start a new down trend. If price breaks 0.6900 level after rebounding from resistance zone then it can start a new down trend. Follow proper risk management strategy to avoid...
Currently, AUD/USD is trading at 0.7308. The pair was traded in an upward trend for some time and now it is consolidating after rebounding back from resistance zone. The pair might start a new up trend if it breaks the 0.7330 level, but it can also consolidate further before breaking that price level. If the price starts a new up trend, then its target price will...
Currently, EUR/USD is trading at 1.1778. The pair is trading in a downward resistance and support channel and now moving towards its support level. The price can retrace back to resistance level and then it can come down to break the support level. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more...
Currently, NZD/USD is trading at 0.6688. The pair is trading in a upward resistance and support channel and now moving towards its resistance level. If the price breaks the resistance level at 0.6698, then it can touch the strong resistance level at 0.6735. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't...
Currently, EUR/USD is trading at 1.1817. The pair is trading in a upward resistance and support channel and now trading at a key support level. If the price breaks the small support level at 1.1805, then it can touch the strong support level at 1.1750. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk...