Bullish: The 1H EUR/JPY chart shows a market that is bullish. The market has made higher lows and higher highs. The moving averages are upsloping with price above the 200-hour SMA. The RSI has tagged 70 and has held above 40 so far.
By Fan Yang | May 14 | FX Times
The pair EUR/JPY has validated yesterday a downward break of 121 points and then found support in extension on 120 points. On this last bearish rally, the price is moving again below the upper band of the medium term bearish channel (orange lines).
Mar 28, 2013 | Forextribe
A powerful bearish rally occured yesterday on the pair EUR/JPY. The price has validated the downward breaks of 123 and 122 points, offering sell signals. Since this night, the pair is stabilized on the following support at 121 points after reaching in extension the support at 120 points. The price just stumbled this morning on the upper band of the bearish channel and is trying to validate a d.
Mar 26, 2013 | Forextribe
The pair EUR/JPY is moving into two bearish channels (brown lines and orange lines on charts). Before yesterday, the price made a pullback on mid lines of these two medium term channels. The pair continues to move around 121 points.
Mar 02, 2013 | Forextribe
Consolidation: The EUR/JPY is consolidating during the 2/26 session, after a bearish 2/25 session, which was caused by the Italian election drama. The 2/26 consolidation range is between 122.33 and 118.70. A break below 118.70 therefore signals bearish continuation, and a break above 122.35 suggests more confirmation is needed for the bearish outlook.
By Fan Yang | Feb 27, 2013 | FX Times
Continuation short for Euro Yen
Feb 27, 2013 | FX Bootcamp
The pair EUR/JPY made a pullback yesterday on 125 and also on its its medium term bullish slant (purple line), before to start a powerful bearish rally. This rally stopped on 119 and the price already made a pullback on 121. This morning, the pair has again found support on 119 points, and is trying to rebound above 120 points.
Feb 27, 2013 | Forextribe
Consolidation channel: The EUR/JPY has been consolidating in a slightly-tilted-downwards channel since finding resistance at 127.72 in early February. It recently found support around the 123.00 handle, which was a confluence of other support factors. A swing to almost 126 now tests the consolidation channel resistance.
By Fan Yang | Feb 21, 2013 | FX Times
The pair EUR/JPY found support last Friday on 123 points and on its medium / long term bullish slant (purple line). Then, the price made a bullish rally, validating a return above 125 points. The price is currently testing the upper band of its short / medium term bearish channel (orange lines on ch...
Feb 19, 2013 | Forextribe
The pair EUR/JPY felt below 125 yesterday and just validated this morning a break-down of 124 points (sell signal). The price is back on its medium term bullish slant (purple line on charts - see the previous analysis for better understanding). On the short term, the price is moving in a downtrend c...
Feb 16, 2013 | Forextribe
As can be seen from the following opportunity alert that was generated by Autochartist for EUR/JPY, the pair is expected to fall toward the target level 105.975 in 13 days. The pair recently reversed down from the upper resistance trendline of the daily Up Channel identified by Autochartist. Autochartist sets the stop-level for this bearish forecast at 126.
By Dima Chernovolov | Feb 11, 2013 | Autochartist
After a return last Tuesday above 125 points, the pair EUR/JPY has continued its bullish rally. The breakout of 126 points gave us a new buy signal and the price has then faked an upward break of 127. Yesterday, the price felt ot find support on the support at 126. A new test of 127 is occuring this morning.
Feb 08, 2013 | Forextribe