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ANALYSIS ON EURJPY

ANALYSIS ON EURJPY

by | May 12, 2020 | EURJPY, Forex Trade Ideas

Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the price is inside ascending widening wedge and also close to its resistance....
EURJPY Short Side Trade.

EURJPY Short Side Trade.

by | May 12, 2020 | EURJPY, Forex Trade Ideas

EURJPY is trading on the downside for a long time. We may see a continuation of downtrend in EURJPY in falling wedge pattern, also it has created a double top pattern before making a big downside turn (as you can see in chart) the double top formation with a red down...
SELL EURJPY

SELL EURJPY

by | Apr 26, 2020 | EURJPY, Forex Trade Ideas

Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the pair is in Descending channel and it is going down after hitting the...
EUR/JPY Technical Analysis.

EUR/JPY Technical Analysis.

by | Apr 23, 2020 | EURJPY, Forex Trade Ideas

Currently, EUR/JPY is trading at 116.30. The pair started a downtrend on 12 April after rebounding from resistance level , and now the price has touched support level in the resistance and support wedges . If the price breaks the resistance level at 117.03, then it...
EURJPY Trade For Long Side

EURJPY Trade For Long Side

by | Apr 22, 2020 | EURJPY, Forex Trade Ideas

EURJPY is taking support at the support line and making lower high as you can see in the chart. If it breaks the down trendline 1, we might see EURJPY move towards the down trendline . 2. As pair is trading at trend line 1, it has a high chance of moving towards trend...
EURJPY CLOSE TO SUPPORT IN DESCENDING TRIANGLE

EURJPY CLOSE TO SUPPORT IN DESCENDING TRIANGLE

by | Apr 21, 2020 | EURJPY, Forex Trade Ideas

Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair is close to its support area so one should wait for breakout...