Post Tagged with: "EUR/JPY technical analysis"
EUR/JPY Holds on to Recovery, USD/CAD Continues Bearish Momentum
EURJPY: Holds On To Recovery Tone, Aims At The 117.90 Level. EURJPY- Our outlook remains higher on EURJPY for further corrective recovery. With continued hold on to most of gains triggered from the 113.49 level, further strength should build up towards the 117.90 level, its Jun 07’2011 high. A strong foothold above the 117.90 level
EUR/JPY Bearish, GBP/JPY Pressured Downwards
EURJPY: Bearish Momentum Remains Intact. EURJPY- The risk continues to point lower as EURJPY remains under pressure following its failure at the 117.77 level. A return below its Jun 16’2011 low at 113.42 is building up as a follow through lower on its Thursday losses is now seen. Guest post by www.fxtechstrategy.com On a decisive violation
EUR/JPY Continues To Face Bear Threats
EUR/JPY- While the cross closed slightly higher above our highlighted resistance at the 116.46 level, its April 18’2011 low on Tuesday, it has backed off that level in early trading today. We expect the 116.46 level to continue to cap gains. Guest post by www.fxtechstrategy.com This should turn EURJPY lower towards the 114.78 level with a
EUR/JPY Recovers Higher
EURJPY is on a second day of recovery following its recent corrective weakness. However, we will like to see it return above the 123.29 level, its 2011 high to convince the market it has ended that correction. Guest post by www.fxtechstrategy.com This will resume its medium term uptrend towards the 124.00 level. Further price extension
Price Action Alert: This Trade Will Make You Hundreds Of Pips
Guest post by Jason Madison of beatwallstreetnow.com Hello All, I am back to alert you to another highly profitable trading opportunity emerging in the Eur/Jpy. By now you all should be familiar with the inside candle breakout technique I have showed you in previous my previous post. If not, get yourself up to speed by viewing
EUR/JPY – Fear sent it off the cliff – More to come?
The forex markets are giving in to widespread fear about the Greek debt. We are seeing a full market reaction – a perfect risk aversive behavior, with one huge loser – EUR/JPY. Will it continue plunging? Growing worries about the never ending Greek debt problems are strongly reflected in the market. I wrote about the