EUR\USD
EUR\USD is in a asymmetric triangle formation that is a strong bullish pattern. It is expected to continue its bullish movement upwards.
EUR\JPY
EUR\JPY is in a strong uptrend. The last high of the uptrend is exactly at the 38.2 Fibo Retracement. If price reaches that point it could serve as a strong point to join the trend.
Full Analysis:
http://forex-analysis.net/2009/10/2...angle-in-eurusd-eurjpy-fibonacci-retracement/
EUR\USD is in a asymmetric triangle formation that is a strong bullish pattern. It is expected to continue its bullish movement upwards.
EUR\JPY
EUR\JPY is in a strong uptrend. The last high of the uptrend is exactly at the 38.2 Fibo Retracement. If price reaches that point it could serve as a strong point to join the trend.
Full Analysis:
http://forex-analysis.net/2009/10/2...angle-in-eurusd-eurjpy-fibonacci-retracement/