Forex Trading Ideas & My Best Forex Robots

USDJPY in the previous week reached to resistance zone wide for almost 100 pips, but in friday session (27 october) price has bounced back from bottom edge of zone and dropped lower. Now it reached level where is local support, which was a strong resistance level at the begining of october. We can observe, that price has stopped near 113.00-113.20 and we are expecting in our forex trading idea that price will back to resistance zone at 114.30-114.40. We set pending buy order near the top of last bearish candle with target near the last top at 114.27 and risk reward ratio 2.0.

USDCAD after the strong up movement reached resistance level appointed by two highs created in July and August. We are expecting correction of last movement to the last local support near 1.2600 so we have opened short with 2 points of risk reward ratio.

AUDUSD after hit lower band of support zone has gone up. When it went out over support zone price will back and retest upper band of support zone. Now it is going to resistance zone established by low at the begining of 2015 year, high of may 2015, high of july 2017 and september 2017. We have opened long trade at the bottom of support zone. Now our trade has stop at break even. Our target is near bottom of resistance zone.