EUR/JPY In the Midst of a Bearish Trend – Eyes 106
January 3, 2011 11:35 am by Yan PettersThe EUR/JPY pair saw unusual bearishness over the past five weeks. The pair dropped about 850 pips during this period of time, despite a 450 pips correction in the middle. Currently, a technical analysis of the daily chart suggests that ...
EUR/JPY Breaks Out of Range; Makes Bullish Leaps
July 28, 2010 10:27 am by Greg HoldenThe recovery of the euro appears to have gotten underway, with previous psychological barriers being broken daily this week. We've already seen breaches on the EUR/USD, EUR/CHF, and the EUR/CAD; it appears like we now have a breakout forming on ...
Buy Signals on the EUR/JPY
July 19, 2010 10:01 am by Greg HoldenThe euro has been falling since Friday against most of its currency counterparts, but few traders are concerned since many indicators are pointing toward an impending correction. As can be seen below, the EUR/JPY has reached the lower border of ...
JPY Dives on Kan’s Defeat in Japanese Election
July 12, 2010 5:12 am by Greg HoldenHeadline news this weekend has been the defeat of the ruling party in Japan in recent elections. The USD/JPY and EUR/JPY pairs both slipped to fresh highs as a result. Whether or not the yen will continue to fall is ...
EUR/JPY Reaching Towards a Significant Support Level
June 25, 2010 11:39 am by Yan PettersThe EUR/JPY fell about 1,800 pips in merely two months since April; however the bearish momentum seems slowing. For the past month, the pair has been trading within a restricted range, and now the price is approaching its lower boarder. ...
Forex Technical Analysis – EUR/JPY
February 16, 2010 11:28 am by Russell GlaserOur Forex Technical Analysis shows a bearish pennant patter may have formed on the 4-hour chart of the EUR/JPY.
EUR/JPY Confronting Resistance; Bearishness Expected
February 11, 2010 11:07 am by Greg HoldenThe EUR has been under pressure lately from the sovereign debt concerns in Greece. The rumor about a possible bailout of Greece has helped the EUR gain strength, but some are doubtful of this recent movement and think that a ...
Potential Reversal for EUR/JPY
January 27, 2010 11:09 am by Anton EljwizatThe EUR has dropped significantly versus the Yen in the past 2 weeks, and it is currently trading around 125.40. And now as evident in the data below, the 8-hour chart is giving bullish signals, indicating that the EUR/JPY pair ...
EUR/JPY has Potential to Reach 127.50
January 18, 2010 10:21 pm by Yan PettersLately, many currency pairs provide erratic and unstable behavior, and it's becoming quite difficult to trace a clear and certain trend. However, it seems that the EUR/JPY is on its way to enter a bearish trend, with potential to reach ...
EUR/JPY Provides Bearish Signals
October 26, 2009 8:51 pm by Anton EljwizatThe EUR/JPY cross has been experiencing much bullish behavior in the last month. However, there is much technical data that supports a bearish move for today. As I demonstrate below, that the EUR/JPY may very well be heading for a ...