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AUD/JPY Technical Analysis.

AUD/JPY Technical Analysis.

by | Jun 30, 2020 | AUDJPY, Forex Trade Ideas

Currently, AUD/JPY is trading at 74.36. The pair is consolidating in the ascending triangle resistance and support wedges . Previously, the pair was trading in a down trend and after touching the support level it started consolidating in the resistance and support...
GBP/AUD Technical Analysis.

GBP/AUD Technical Analysis.

by | Jun 26, 2020 | Forex Trade Ideas, GBPAUD

Currently, GBP/AUD is trading at 1.7977. The pair may start a new down trend if it breaks the neck line at 1.7825. Previously, the pair was trading in a down trend and after touching support level started consolidating in the resistance and support levels. The pair...
GBPJPY Bearish Triangle Pattern.

GBPJPY Bearish Triangle Pattern.

by | Jun 26, 2020 | Forex Trade Ideas, GBPJPY

GBPJPY is forming a Descending Triangle pattern, which is a bearish pattern . According to chart pattern analysis, we might see a downside in GBPJPY toward support level 1 and support level 2. One can initiate the short side trade at the current level with proper risk...
NZD/JPY Technical Analysis.

NZD/JPY Technical Analysis.

by | Jun 25, 2020 | Forex Trade Ideas, NZDJPY

Currently, NZD/JPY is trading at 68.85. The pair is consolidating in the resistance and support wedges . Previously, the pair was trading in a down trend and after touching support level it started consolidating in the resistance and support levels. If the price...
GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

by | Jun 25, 2020 | Forex Trade Ideas, GBPJPY

Currently, GBP/JPY is trading at 133.01. The pair is consolidating in the resistance and support ascending triangle wedges . Previously, the pair was trading in a down trend and after touching support level it started consolidating in the resistance and support...
USDJPY Long Term Trend In Channel Pattern

USDJPY Long Term Trend In Channel Pattern

by | Jun 25, 2020 | Forex Trade Ideas, USDJPY

USDJPY is trading in channel pattern for the last couple of months. It is currently consolidating in small support and resistance trend lines within the channel pattern as shown in the chart. According to chart pattern analysis, we might see a downside in USDJPY . One...