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USD/JPY Technical Analysis.

USD/JPY Technical Analysis.

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

Currently, USD/JPY is trading at 107.86. The pair started a sideways trend on 15 April and now consolidating in the resistance and support wedges . If the price breaks its support level at 106.98, then it may touch its next support level at 105.61. If the price breaks...
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...
EURCAD Short Side Trade

EURCAD Short Side Trade

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

  EURCAD is trading in a falling wedge pattern and that too at a resistance level of the falling wedge . One can trade on the short side for a few pips on the downside side in EURCAD . Target will be the support line of the falling wedge . If You Like Idea Do...
AUDJPY Perfect Trade In Pattern

AUDJPY Perfect Trade In Pattern

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

AUDJPY is trading in a rising wedge after making it bottom. It is also trading on channel patterns within the rising wedge pattern, as you can see in the chart. Considering these patterns, AUDJPY might show upside movement towards the resistance1. If it breaks out...
EURGBP CLOSE TO RESISTANCE

EURGBP CLOSE TO RESISTANCE

by | Apr 21, 2020 | EURGBP, 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 very close to its 1st Resistance. It went up after...