by Vivek | Apr 2, 2020 | AUDJPY, Forex Trade Ideas
AUDJPY was trading in Descending Triangle pattern and also it is trading near the support line of Descending Triangle pattern. If the price level closes below the support line of descending triangle then we might see further downside in pair. Trader can catch 50 to...
by Rishikesh Lilawat | Mar 31, 2020 | AUDJPY, Forex Trade Ideas
Currently, AUD/JPY is trading at 66.14, consolidating in the same range. Last week this pair started its uptrend and after rebounding from its resistance level , it is trading in a sideways direction. If it breaks support at 65.28, pair may enter into a new downtrend...
by Ryan Lopes | Mar 30, 2020 | AUDJPY, Forex Trade Ideas
Welcome traders, here is my analysis for AUDJPY . The pair is in a symmetrical triangle and is close to a breakout. As per my analysis the pair should break to the downside, hit the trendline and then bounce back to the resistance (H1). From there, it should climb to...
by Vivek | Mar 26, 2020 | AUDJPY, Forex Trade Ideas
AUDJPY is forming head & shoulder pattern at the bottom which is reversal pattern . it might show an trend reversal in AUDJPY one can trade for possible long term upside trend in AUDJPY by considering the pattern formation at bottom. also currently it is trend in...
by Ryan Lopes | Mar 25, 2020 | AUDJPY, Forex Trade Ideas
Hi people. how’s everyone? So here is our analysis on AUDJPY . Its a pretty simple analysis. As we can see that the pair broke the trendline resistance and then broke the support as well. After breaking the support it retested it with the next candle and then...
by Rishikesh Lilawat | Mar 19, 2020 | AUDJPY, Forex Trade Ideas
Price trend of AUD/JPY is same as NZD/JPY, It has also entered support zone and trading at its 11 years low price. There is chances of reversal if price breaks the level of 65.54, then it may enter into a new up trend. If the price starts a new up trend then its...