by Vivek | 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...
by Vivek | Jun 22, 2020 | Forex Trade Ideas, USDJPY
USDJPY is trading in channel pattern after the movement of the big downside. It has also formed a bearish Descending Triangle Pattern, within the channel pattern, as shown in the chart. Soon, we might see a breakout of a bearish pattern . One can initiate the trade on...
by Ryan Lopes | Jun 17, 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, the price has made an Inverted cup and handle pattern so the possible move is...
by Rishikesh Lilawat | Jun 15, 2020 | Forex Trade Ideas, USDJPY
Currently, USD/JPY is trading 107.26. The pair may start a new up trend if it breaks the resistance level at 107.49. Previously, the pair was trading in a down trading while moving in an lower-low lower-high pattern. If the pair breaks the resistance level and starts...
by Rishikesh Lilawat | Jun 8, 2020 | Forex Trade Ideas, USDJPY
Currently, USD/JPY is trading at 108.42. The pair started a new down trend after breaking support level at 108.76. It may hit its first target at 108.15 and if it crosses the first target, its second target will be at 107.54. Do follow us for future Forex trend...
by Vivek | Jun 8, 2020 | Forex Trade Ideas, USDJPY
USDJPY has a breakout from the Inverted Head & Shoulder pattern. It has achieved its first upside target while trending in channel pattern. Before moving for target 2, which is resistance 2, we might see some consolidation or downside in USDJPY before giving...