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EUR/USD Technical Analysis.

EUR/USD Technical Analysis.

by | Jun 22, 2020 | EURUSD, Forex Trade Ideas

Currently, EUR/USD is trading at 1.1254. The pair may start a new up trend if it breaks the resistance level at 1.1258. The pair is now moving towards its resistance levels. If the price breaks the resistance level then it may start a new up trend. Its first target...
USDJPY Bearish Pattern Formation.

USDJPY Bearish Pattern Formation.

by | Jun 22, 2020 | Forex Trade Ideas, USDJPY

USDJPY is trading in channel pattern after the movement of the big downside. It has also formed a bearish Descending Triangle Pattern, within the channel pattern, as shown in the chart. Soon, we might see a breakout of a bearish pattern . One can initiate the trade on...
EURUSD At Support Level.

EURUSD At Support Level.

by | Jun 22, 2020 | EURUSD, Forex Trade Ideas

EURUSD has given a big upside movement, in channel pattern. From the resistance level of channel pattern, it has retraced toward the support level of channel pattern, by consolidating in a falling wedge pattern. As per chart pattern analysis, we might see upside...
EUR/JPY Technical Analysis.

EUR/JPY Technical Analysis.

by | Jun 19, 2020 | EURJPY, Forex Trade Ideas

Currently, EUR/JPY is trading at 119.58. The pair started a new down trend on 8th June and after giving the exit signal on regression trend by breaking the support level , it consolidated between the resistance and support levels. After breaking the support level and...
GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

by | Jun 18, 2020 | Forex Trade Ideas, GBPJPY

Currently, GBP/JPY is trading at 132.68. The pair started a new down trend on 9th June and after giving the exit signal on regression trend, it consolidated between the resistance and support levels. After breaking the support level and neck line at 133.97, the pair...