EURJPY EURJPY closed @ 13490 which was ABOVE the open and breached the previous day’s high. The High was 5 pips from Precise Trader’s Res Tgt 3 and the Low was PRECISELY at ... gave up mildly towards the close . EUR is Flat with a Weak bias and JPY is Strong , so both cross should drag EURJPY lower . The Hourly trend is creeping lower and we believe the high may have been seen , the price should not ...

23.11 - 2009, Sunday Morning, Eur-Jpy as many other yen crosses took very agressive move once market opened for new week in asian hours. There was several yen cross triangles available, including cad-jpy also market perfectly by this code. When looking this chart or the pattern program created automatically as triangle - triangles are so deep core part of the EW technology that either one would ...

Hi all Thought I would give a heads up on a possible community fund trade first highlighted by Ektrader in post 41 here on 23 November. Essentially EK spotted a rising wedge pattern on the daily charts and suggested a long being a real possibility, but then price was around 133.30 so about 300 pips from the rising trendline, so at that point I preferred to wait for a better price as ...

EURJPY Forecast The EURJPY was technically a mess yesterday. Like I said, with important economic data and events this week, technical failure is not a big surprise and I think it’s not the best time to trade now. On h4 chart below we can see that once again, price break above the trendline but we have some downside pressure (rebound) early today in Asian session.

... : 0px; padding-bottom: 13px;"> Lower yields continue to support the JPY. Critical EURJPY support nearing once again. <hr style="background-color: #d4d4cf; border: 0pt none; ... ;The moves in JPY crosses have followed the simple logic of compressed interest rate spreads, and EURJPY is now less than a figure from the pivotal 200-day moving average just below 132.00. A close below that ...

... at USD1.4680. Stops said to be building below USD1.4675. Offers remain in place between USD1.4810/20, a break to open a move toward USD1.4845/60. Above here and USD1.4920 moves into view. EURJPY knocked under JPY133.00 in early European dealing, though as yet slippage is contained ahead of the Cloud base at JPY132.78. A break below required for fresh downside momentum. Key support still seen ...

... its year-end review. A continuation of these policies means broader downside for the US dollar, but not necessarily so for the other funding currency the Japanese yen. As USDJPY remains capped at 91.50, EURJPY, CADJPY and GBPJPY will likely face considerable pressure at 135.50, 85.50 and 151.50, for interim targets at 132.70, 83.80 and 148.40 respectively Selling yen crosses (buying yen) at the ...

Lower yields continue to support the JPY. Critical EURJPY support nearing once again. MAJOR HEADLINES – PREVIOUS SESSION Japan Q3 Housing Loans rose 0.8% YoY vs. +0.4% in Q2 Switzerland Sep. Retail Sales fell -1.6% YoY vs. -1.0% in Aug. Sweden Q3 Total Number of Employees fell -2.8% YoY vs. -1.9% in Q2 UK Oct. CPI rose +0.2% MoM and +1.5% YoY vs. +0.1/+1.4% expected, respectively UK Oct. Core ...

... zone currency also slid As losses accelerated after breaking technical support at the 200-day moving average of around 132.00, the single euro zone currency also slid to a more than two-week low of 131.68 yen EURJPY=R. Dollar Dropped The dollar after hitting a low of 88.64 dropped 0.5% JPY= to 88.93 yen, the lowest level since Oct. 9. Sharp fall in the major indexes on Wall Street There has been ...

Price action on EUR/JPY, a daily chart of which is shown, is displaying dramatic yen strengthening today on stock market declines that is also abundantly clear on other major yen pairs/crosses like USD/JPY and GBP/JPY. In the case of EUR/JPY, price has descended all the way down to approach a dynamically-ascending support line extending from