EUR/JPY Technical Analysis.

EUR/JPY Technical Analysis.

Currently, EUR/JPY is trading at 116.30. The pair started a downtrend on 12 April after rebounding from resistance level , and now the price has touched support level in the resistance and support wedges . If the price breaks the resistance level at 117.03, then it...
EURJPY Trade For Long Side

EURJPY Trade For Long Side

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...
EURJPY CLOSE TO SUPPORT IN DESCENDING TRIANGLE

EURJPY CLOSE TO SUPPORT IN DESCENDING TRIANGLE

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 close to its support area so one should wait for breakout...
EUR/JPY Technical Analysis.

EUR/JPY Technical Analysis.

Currently, EUR/JPY is trading at 116.88. The pair started a downtrend on 13 April and after touching its support zone , it is possible that it will rebound from here. If the price breaks neckline at 117.49, it may enter into a new uptrend and then its next resistance...
EURJPY IN DESCENDING TRIANGLE

EURJPY IN DESCENDING TRIANGLE

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 in the Descending triangle so one can wait for it to breakout....
EUR/JPY Technical Analysis

EUR/JPY Technical Analysis

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...