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EUR/JPY Technical Analysis.

EUR/JPY Technical Analysis.

by | Apr 16, 2020 | EURJPY, Forex Trade Ideas

Currently, EUR/JPY is trading at 116.88. The pair started a downtrend on 13 April and after touching its support zone , it is possible that it will rebound from here. If the price breaks neckline at 117.49, it may enter into a new uptrend and then its next resistance...
EURJPY IN DESCENDING TRIANGLE

EURJPY IN DESCENDING TRIANGLE

by | Apr 15, 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 in the Descending triangle so one can wait for it to breakout....
EUR/JPY Technical Analysis

EUR/JPY Technical Analysis

by | Apr 14, 2020 | EURJPY, Forex Trade Ideas

Currently, EUR/JPY is trading at 117.56. After starting a downtrend on 13 April, the pair is now making a lower low, lower high price pattern. As the price is already trading in the down trend, its next support level is at 116.96 on its support zone and that is the...
ASCENDING BROADENING WEDGE IN EURJPY

ASCENDING BROADENING WEDGE IN EURJPY

by | Apr 7, 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 in Ascending Broadening wedge , therefore one can go long...
EURJPY Trading In Rising Wedge.

EURJPY Trading In Rising Wedge.

by | Apr 7, 2020 | EURJPY, Forex Trade Ideas

EURJPY is trading in the rising wedge as it is also trading a 50% level of Fibonacci retracement level as we can see EURJPY may see a little correction on the downside before going in upside direction. As long term trend is on the upside, one can trade on the long...