EUR/JPY Technical Analysis.

EUR/JPY Technical Analysis.

Currently, EUR/JPY is trading at 119.81. The pair is trading in an up trend from 18th May after breaking resistance level at 116.12. Altough, the pair has already touched its first target and second target. It may start a new down trend if it breaks the support...
EURJPY At Trend Reversal Point.

EURJPY At Trend Reversal Point.

EURJPY is trading in descending channel pattern as long term trend. After touching the support line of the descending channel pattern, it is trading in a rising wedge pattern. Now, the price level is trading near the resistance line of descending channel pattern, also...
EUR/JPY Technical Analysis.

EUR/JPY Technical Analysis.

Currently, EUR/JPY is trading at 117.87. The pair started a new up trend after breaking resistance level at 116.21. The pair was trading in a descending wedge pattern before starting a new up trend. The price is now moving towards its first target, which is at 119.15....
EURJPY Breakout of Channel Pattern

EURJPY Breakout of Channel Pattern

EURJPY has given a breakout from channel pattern. if it move upward from current level we might see price move toward the resistance line. one can take long trade from current level by keeping stop loss just below resistance line of channel pattern. but if it failed...
EUR/JPY Technical Analysis.

EUR/JPY Technical Analysis.

Currently, EUR/JPY is trading at 115.60. The pair started a new down trend on 13th May after breaking support level and now the price is forming lower-low lower-high pattern, while moving in support and resistance wedges . Its first target is at 115.17 and second...