Trade Ideas

Weekly professional precision Trade Ideas on major currency pairs FOREX market. Trade Ideas are good investment ideas in real time, which can bring great profits. Our FOREX Trade Ideas are always Free!

Short-term trading idea FX EURCHF - looking down: correction to the 38.2% Fibonacci level at 1.1372

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Trading opportunities on the currency pair: since the euro’s collapse in 2015, it’s been trading within the boundaries of the 3-year B-B channel. Considering that the upwards impulse is running out of steam, my forecast is projecting an exit from the C-C channel and a decline to 1.1372. I’m expecting a downwards correction amounting to 38.2% of the upwards movement from 1.0625 to 1.1833.

Short-term trading idea: FX NZDJPY - bull speculation: growth to the upper boundary of the sideways trend expected

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Trading opportunities on the currency pair: For several weeks in a row, the Kiwi dollar has been rising against both the US dollar and the Japanese yen. The price is approaching the DTR1 trend line (downwards trend line). In my forecast, I’m expecting a breakout of this line, followed by growth to the upper boundary of the range 75.63 – 83.81.

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