EURJPY is turning down from 129.22 level, but in overlapping fashion which gives us thinking that maybe wave 1 is unfolding an Elliott wave leading diagonal which ... Read More
Elliott Wave Analysis: EURJPY and AUDUSD View EURJPY made a new intra-day drop lower, right into our Fibonacci projection zone for leg c of 4. Ideally will pair ... Read More
EURJPY is off the recent lows and we are counting this as the bullish development with red waves 1) and 2) already completed. That being said we should be ... Read More
EURGBP On the 4h chart of EURGBP we see a nice bearish price action unfolding down from 0.8851 which is expected to continue after recent three wave bounce to ... Read More
Elliott Wave Analysis On EURJPY And AUDNZD EURJPY EURJPY is higher as JPY is trading lower against all major currencies. On the update chart of EURJPY we see price ... Read More
EURJPY JPY crosses turned up during Asian trading hours with USDJPY up more than 120 points which also caused the same rally on EURJPY. We see many xxx/JPY pairs ... Read More
EURJPY EURJP is still searching higher for the wave C resistance. Possible resistance can be seen around 117.50-70 area, from where even a reversal lower may occur. Keep in ... Read More
We think that a three wave move from Mar lows on EURJPY chart seems to be completed, as price made a recent reversal from the highs where wave C-circled ... Read More
Pair’s Outlook The pair’s movements are still mostly determined by its bears that are pushing EUR/JPY lower, as of today the monthly S2 at 136.46 was reached. This year’s ... Read More
With 139.87 minor resistance intact, deeper decline is still expected in EUR/JPY. Consolidation pattern from 145.68 is in the third leg and current fall should target 136.22 support. However, ... Read More
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