Posts Tagged ‘EUR/JPY’

In this video, the Trading Central looks at the currency pair EUR/JPY for the May 22nd session. EUR/JPY — Looking at the intraday 30-min chart, the pair has indeed validated an inverted head and shoulders pattern on last Friday. Further advance is also expected above the strong horizontal support at 124.15 and the pair remains supported by the rising 50-period Moving Average. The first target is set at the horizontal resistance at 125.10 and the next target is set […]

In this video, the Trading Central looks at the currency pair EUR/JPY for the April 28th session. EUR/JPY — Looking at the intraday 30-min chart, the pair has indeed remained capped by the declining 50-period Moving Average. Further weakness is also expected below the strong horizontal resistance at 121.10. The first target is set at the horizontal support at 120.40 and the next target set at 119.95.

In this video, the Trading Central looks at the currency pair EUR/JPY for the April 24th session. EUR/JPY — Looking at the intraday 30-min chart, the pair has indeed opened with a bullish gap yesterday, and faced a pullback before rebounding above the 50-period Moving Average. Further advance is also expected above the strong horizontal support at 118.85. The first target is set at yesterday's top at 120.15 and the next target at 120.90.

In this video, the Trading Central looks at the currency pair EUR/JPY for the April 18th session. EUR/JPY — Looking at the intraday 30-min chart, the pair has indeed broken above the declining trendline, in place since last Tuesday. It remains supported by the rising 50-period Moving Average. Further advance is also expected above the strong horizontal support at 115.70. The first target is set at the resistance at 116.55 and the next target at 116.85.

In this video, the Trading Central looks at the currency pair EUR/JPY for the April 10th session. EUR/JPY — Looking at the intraday 30-min chart, the pair has indeed broken above the declining trendline, in place since last Wednesday. Moreover the RSI has also broken above the declining trendline. Further advance is also expected above the strong horizontal support at 117.45. The first target is set at 118.15 and the next target at 118.45.

In this video, the Trading Central looks at the currency pair EUR/JPY for the March 16th session. EUR/JPY — The euro is maintaining its strength across the board. Today, we are looking at the euro against the Japanese yen. Looking at the intraday 30-min chart, we can see that the pair has broken above the descending trendline that has been in place since the start of the week. Intraday technical indicators are also pointing […]

In this video, the Trading Central looks at the currency pair EUR/JPY for the February 28th session. EUR/JPY — Looking at the 30-min intraday chart, the pair has broken above the declining trendline, in place since last Tuesday. It has completed the pullback above the support at 118.90. Moreover, the pair remains supported by the rising 50-period Moving Average, which is turning up. Further advance is expected above the yesterday's high of 119.50 and 119.85, […]

In this video, the Trading Central looks at the currency pair EUR/JPY for the February 22nd session. EUR/JPY — Looking at the intraday 30-min chart, indeed the pair remains under pressure, below the strong overhead resistance of 119.95. The pair is also capped by the declining 50-period Moving Average. Further weakness is expected below this overhead resistance. The first target is at the 119.50 level. The next target is at the 119.05 level.

Steve Lucas believes there is an opportunity to short EUR/JPY and here’s why. Steve Lucas: The EUR/JPY pair topped at about 128.00 level. Near the top of the Bollinger Bands indicator, we had 3 down days and we have been bearish on the week. We were bearish yesterday too. Now we are at the bottom of the band and our idea is that the market could bounce from here. More importantly, we […]

Ian Coleman has charted a EUR/JPY trade with a small inside Harami candle appearing medium-term and long-term looking for a break lower. Ian Coleman: We will talk about medium term bias to start with. We had a small inside Harami candle last week. This is normally a sign of investor indecision. Over the medium to long term we are looking for EUR/JPY to break lower. A ABCD formation targets […]