EUR/JPY Technical Analysis.

EUR/JPY Technical Analysis.

Currently, EUR/JPY is trading at 117.87. The pair started a new up trend after breaking resistance level at 116.21. The pair was trading in a descending wedge pattern before starting a new up trend. The price is now moving towards its first target, which is at 119.15....
EURJPY Breakout of Channel Pattern

EURJPY Breakout of Channel Pattern

EURJPY has given a breakout from channel pattern. if it move upward from current level we might see price move toward the resistance line. one can take long trade from current level by keeping stop loss just below resistance line of channel pattern. but if it failed...
EUR/JPY Technical Analysis.

EUR/JPY Technical Analysis.

Currently, EUR/JPY is trading at 115.60. The pair started a new down trend on 13th May after breaking support level and now the price is forming lower-low lower-high pattern, while moving in support and resistance wedges . Its first target is at 115.17 and second...
ANALYSIS ON EURJPY

ANALYSIS ON EURJPY

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, the price is inside ascending widening wedge and also close to its resistance....
EURJPY Short Side Trade.

EURJPY Short Side Trade.

EURJPY is trading on the downside for a long time. We may see a continuation of downtrend in EURJPY in falling wedge pattern, also it has created a double top pattern before making a big downside turn (as you can see in chart) the double top formation with a red down...
SELL EURJPY

SELL EURJPY

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, the pair is in Descending channel and it is going down after hitting the...