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EURJPY PRICE FORECAST FOR AUGUST 1ST 2014

EURJPY: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 136.50 for 1st August 2014

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alifari 29 July

Update 1: Price is following similar path as predicted. The 139.00 to 140.00 daily supply zone held and price dropped heavily from this zone and into daily demand zone at 136.50. Price is currently about 50 pips above my target.

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EURJPY PRICE FORECAST FOR JUNE 2ND 2014

EURJPY: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart

Price Target 139.00 for 2nd June 2014

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Maria_r 30 Apr.

+1

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alifari 11 May

Update 1: As expected we saw a massive drop of 250 pips this week and there are no signs of retracement yet. 139.50 is next demand zone, where I am expecting some buying interest.

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alifari 28 May

Update 2: 139.50 demand zone didn't held and price broke through it and reach my target of 1.3900. We saw some consolidation at 1.3875 level and today that level was broken to the downside. Price is currently about 60 pips below my target of 1.3900.

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alifari 2 June

Update 3: Final price closed about 12 pips below my target, One of my best prediction considering monthly range was about 438 pips.

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EURJPY PRICE FORECAST FOR 1ST APRIL 2014

EURJPY: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 137.00 for 1st April 2014
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EURJPY PRICE FORECAST FOR 3RD MARCH 2014

EURJPY: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 138.00 for 3rd March 2014
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alifari 24 Feb.

Update 1: Another pair behaving exactly as predicted in my forecast. The daily demand zone between 136.25 and 134.50 held and we have seen buyers pushing price up all the way to daily supply zone at 141.00, which is holding price for now. Price is currently consolidating between 139.00 and 141.00 and I am expecting breakout to the downside toward 138.00 target by end of this week.

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alifari 27 Feb.

Update 2: As expected price broke out to the downside in last couple of days and currently about 100 pips above my target of 138.00. Next daily demand zone is 137.50 - 137.00 and we could see continuation of bearish price action in next few days.

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alifari 1 Mar.

Update 3: We have seen lot of buying interest at previous daily lows of 138.70 and price moved up with momentum and closed the week at 140.45, which is about 245 pips above my target of 138.00.

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EURJPY PRICE FORECAST FOR 3RD FEBRUARY 2014

EURJPY: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Monthly Chart
2) 2 Day Chart
Price Target 142.95 for 3rd February 2014
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alifari 19 Jan.

Update: 145.65 held as resistance since beginning of the month and price moved sharply down in the first week and there after we have seen some consolidation. 143.00 is acting as resistance for now and I expecting another leg down into 140.00 level next week, where we could expect lot of buying interest.

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EURJPY PRICE FORECAST FOR 2ND JANUARY 2014

EURJPY: My technical analysis is based on Supply / Demand and Support / Resistance.
1) 2 Days Chart
2) Bi-Weekly Chart
Price Target 137.0000 for 2nd January 2014

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alifari 16 Dec.

Update: Price had hit my predicted resistance at 142.00 and we have seen some selling interest at this level. However, even if price drop down there is a very clear demand at 139.50 level which should hold price till year end.

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