by Vivek | Apr 21, 2020 | Forex Trade Ideas, USDJPY
USDJPY is retraced 100% from its bottom and now it is constantly making lower high as you can see in the chart. Also, it is forming a descending triangle pattern which is a bearish pattern . We might see further downside in USDJPY once it breaks out of the descending...
by Vivek | Apr 15, 2020 | Forex Trade Ideas, USDJPY
USDJPY is Trading in Descending Triangle Pattern, also it is trading on the downside while looking at the pattern, we might see the price consolidation within the support line and resistance line as shown in the chart. If the USDJPY breaks, from the descending...
by Ryan Lopes | Apr 12, 2020 | Forex Trade Ideas, USDJPY
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 currently in Descending channel and it started its downtrend...
by Ryan Lopes | Apr 8, 2020 | Forex Trade Ideas, USDJPY
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. USDJPY is now at a crucial point as its close to its resistance level . if it breaks the...
by Rishikesh Lilawat | Apr 6, 2020 | Forex Trade Ideas, USDJPY
Currently, USD/JPY is trading at 109.01. Last week this pair started a new uptrend and now is moving towards its support level at 108.77. If it breaks the level of support at 108.77, it may enter into a downtrend and then the first target will be at 108.07. Do follow...
by Vivek | Apr 6, 2020 | Forex Trade Ideas, USDJPY
USDJPY has 50% retraced from its previous top according to Fibonacci retracement as it suggests we might see a continuation of further downtrend in USDJPY according to Fibonacci retracement level. one can trade on the downside for a shorter-term from the current level...