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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...
GBPAUD Breakout From Expanding Wedge.

GBPAUD Breakout From Expanding Wedge.

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

GBPAUD was trading in expanding wedge , but it has breakout from the pattern on the downside. Considering expanding wedge a breakout on downside our first target on downside support line 1 and target 2 is support line 2 . One can trade on the short side from the...
EURCHF Trade For Short Side

EURCHF Trade For Short Side

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

EURCHF is trading in channel pattern. Also, it is forming a descending triangle pattern within the channel pattern as the descending channel pattern suggests a downtrend may be continued. Our first target on the downside for eurchf , if it breaks on down-side it will...
NZDJPY Sell For Shorter Time.

NZDJPY Sell For Shorter Time.

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

NZDJPY is trading at a pretty strong resistance zone . So, we might see some correction on the downside towards the trend line . One can trade on the short side for a shorter time frame. If a pair comes on the downside, the target will be trendline support....
SELL GBPAUD (BREAKOUT AND RETEST DONE)

SELL GBPAUD (BREAKOUT AND RETEST DONE)

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

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 was in ascending triangle and then it gave a breakout, after that...