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EUR JPY

eur JPY is facing a great resistance zone @ 131.48 on daily chart
i think the price will reach it and then start to go down
Technical analysis eur jpy
the pair is moving in unknown direction because of the trade war between the united states and chine
but i think the next weeks jpy will be more stonger than EUR
General outlook for the pair:
The pair moved in the last weeks between 131 and 132
Pair recent direction : UP
Expected rate of the pair 1st of june , 12:00 GMT: 130
Chart of major support…
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It is the latest month

It is the latest month of the year and the despite the bull have dominated this year i have still some hope to gain with my bearish bets , so i begin this month with a nice bet on teh EURJPY . The pair , after the recent bounce , is in overbought and a correction is possible and probable .
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Forexgrange forecast EUR-JPY: Aug.1st, 2014

My multi timeframe analysis are based on the following elements:
Fibonacci – key price levels - key market price patterns(figures)
1.- Weekly Chart
2.- Daily Chart

Price forecast on Eur-Jpy for 08-01-14: 136.8470

- Please leave your comments about this post. Thanks.
- Por favor deje sus comentarios acerca de esta publicacion. Gracias de antemano.
- On vous prie de laisser vos impressions concernant cette publication. Merci d’avance.
Cordially,
Forexgrange
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milaleva avatar
milaleva 22 Jun

Super)

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EUR JPY 4h analysis

Hi,
Here I am with my view on the given pair for 4H time frame. Please see the given image which is the basis of the conclusion drawn on the given pair.
As in the image the place where bullish divergent bar is created is clearly marked and It was an ideal place to go long on the given pair at levels around 141.023 , Add to it the AO which has divergence also confirms the end of a wave of the given time frame, so the strategy to be applied is to go long with sl under the given bullish divergent b…
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Forexgrange: forecast EUR-JPY for week 1-5/12/13

Analysis
The pair still present strong uptrend situation.From long to short terms we have a possible U-Turn to a coming downtrend. The market price is facing massive resistance at 140.00. We have the indicators overbought on long and short terms: evidences that we could have a downtrend starting soon.
- First scenario, short positionsT1:138.460 – T2:137.140 – T3:135.907.
- Second scenario, long positions T1:141.740 – T2:142.865 – T3:143.664
Charts:
1) Daily chart
2) 4H chart
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Forexgrange forecast EUR-JPY: 01-02-14

My multi timeframe analysis are based on the following elements:
Fibonacci – key price levels - key market price patterns(figures)
1.- Weekly Chart
2.- Daily Chart

Price forecast on Eur-Jpy for 01-02-14: 135.9870

- Please leave your comments about this post. Thanks.
- Por favor deje sus comentarios acerca de esta publicacion. Gracias de antemano.
- On vous prie de laisser vos impressions concernant cette publication. Merci d’avance.
Cordially,
Forexgrange
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Forexgrange: forecast EUR-JPY for week Oct. 13-18, 2013

Analysis abstract:
- Long term: strong uptrend
- Medium term: strong uptrend
- Short term: strong uptrend
- Very short term: strong uptrend
Personal opinion: We have a confirmed up trend confirmed by chart indicators and price patterns on multi-timeframe analysis, we prior the long positions. The point 124.834 could be considered as the inflection point. While the market price is still running above this point, we have the bulls as dominant on the bears and they are looking for the point 138.480…
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Forexgrange forecast EUR-JPY: 12-02-13

My multi timeframe analysis are based on the following elements: Fibonacci - key
price levels - key market price patterns (figures)
1.- Weekly Chart
2.- Daily Chart
Price forecast on Eur-Jpy for 12-02-13: 133.930
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Forexgrange: forecast on EUR- JPY for 11-01-13

Forexgrange: forecast on Eur- Jpy for 11-01-13 My multi-timeframe analysis are based on the following elements: Fibonacci components - supply and demand - key price levels - Key market price patterns (figures) - Time scale projections 1.- Weekly Chart 2.- Daily Chart Price forecast on Eur-Jpy for 11-01-13: 127.501
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