by Rishikesh Lilawat | Feb 1, 2021 | Forex Trade Ideas, USDJPY
Hello traders, USD/JPY is trading at 104.90. The price is trading in upward resistance and support channel, it can go down from here as it has already touched its resistance level . As the price has touched resistance level it can rebound back from here to...
by Ryan Lopes | Jan 25, 2021 | 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 it. As we can see, the price is inside Descending Channel and its close to its Resistance. One can take a...
by Rishikesh Lilawat | Jan 13, 2021 | Forex Trade Ideas, USDJPY
Hello traders, USDJPY is trading at 103.97. The price is trading in a downward resistance and support wedges and can consolidate further before starting down trend. If the price breaks the key level at 103.88, it can continue its down trend and its target prices are...
by Vivek_Samale | Jan 5, 2021 | Forex Trade Ideas, USDJPY
USDJPY is forming the Falling Wedge Pattern. It is trading at support line of falling wedge (as shown in chart). According to chart pattern analysis, we might see upside in USDJPY . One can initiate the long trade at support level with risk management and stop loss....
by Rishikesh Lilawat | Dec 8, 2020 | Forex Trade Ideas, USDJPY
Currently, USD/JPY is trading at 104.10. The pair is trading in a sideways trend and can break the support level to start a new down trend. If the price breaks the support level at 103.66, then it can start a new down trend and its first target will be at 103.20 and...
by Ryan Lopes | Dec 1, 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 it. As we can see, the price is inside a Descending channel and is also close to breakout from...