TAG: EURJPY

EURJPY: Bulls breach falling wedge pattern

EURJPY breaks pattern resistance Bullish signal triggered above 161.8 fib level Watch out for Eurozone PMI’s & PPI Potential price target at 164.208 Bloomberg Model: 80% chance EURJPY – (161.56 – 165.06) The EURJPY triggered a bullish signal on Wedn...

6 months ago

Target Thursdays: EURJPY, USDCHF & XAUUSD reach targets!

Check out these potential profits that you may have missed from our Daily Market Analysis. EURJPY bulls take home 84 pips USDCHF secures all bullish targets XAUUSD hits 2nd profit level       1) EURJPY up over 200 pips this week Where and when was Tar...

6 months ago

Weekly forecast based on simplified wave analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and the US dollar index

GBP/USDAnalysis:Since July last year, the main direction of price movement in the GBP/USD pair has been determined by a descending wave algorithm. Its structure is developing as a corrective type, resembling a "pennant." The unfinished section started cou...

6 months ago

Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and the US Dollar Index on April 15th

GBP/USDAnalysis:On a large scale, a bearish trend has been forming in the price chart of the pound since July last year. In the wave structure, the entire month has seen the development of the final part (C). Quotes have reached the upper boundary of the...

6 months ago

Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and US dollar index on April 22nd

GBP/USDAnalysis:The daily chart scale of the major pair of the British pound since last summer demonstrates the formation of a horizontal descending correction. By now, quotes have reached the boundaries of a strong potential reversal zone. The wave struc...

5 months ago

Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and the US dollar index on April 29th

GBP/USDAnalysis:The British pound in its main pair has been primarily moving sideways since July last year. The incomplete "pennant" formation on the chart suggests the continuation of this trend for at least the next few weeks. The unfinished segment is...

5 months ago

Weekly forecast based on simplified wave analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and US dollar index on May 6th

GBP/USDAnalysis:The daily chart scale of the British pound shows that within the dominant descending plane of recent months, an intermediate retracement is forming in the final part (C). The unfinished segment in the upward direction dates back to April 2...

5 months ago

Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, EUR/CHF, and US Dollar Index on August 5

GBP/USDAnalysis: The major pair of the British pound continues its upward movement on the price chart. The structure of the trend wave at the time of analysis is not completed. Since mid-July, the pair's price has moved sideways from the resistance zone,...

2 months ago

Trading Signals for EUR/USD for August 9-12, 2024: sell below 1.0930 (21 SMA - 3/8 Murray)

Early in the American session, EUR/USD is trading around 1.0912, below the 21 SMA, and below 3/8 Murray within the downtrend channel.The euro has gained bearish momentum. During the last few price movements, it has been trying to break the downtrend chann...

2 months ago

Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, Ethereum, and US Dollar Index on August 12

GBP/USDAnalysis: Since autumn of last year, the direction of the British pound has been guided by a bullish trend. In the short term, the price has been declining throughout the last month. However, it is important to note that this wave is correcting the...

2 months ago

Technical Analysis of Intraday Price Movement of EUR/JPY Cross Currency Pairs, Thursday August 15, 2024.

`Based on what we see on the 4-hour chart, the EUR/JPY cross currency pair appears to be under Seller pressure, which is indicated by its price movement moving below its EMA 200, but with the appearance of the Bullish 123 pattern followed by several Bulli...

2 months ago

Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, Ethereum, and US Dollar Index on August 19

GBP/USDAnalysis:The major pair of the British pound continues its upward movement, which began at the start of this month. The price has broken through intermediate resistance, opening the way for further growth. Before the trend continues, it is necessar...

1 month ago

Trading Signals for EUR/USD for September 3-5, 2024: buy above 1.1045 (5/8 Murray - 21 SMA)

EUR/USD is trading around 1.1067 breaking the downtrend channel forming since August 27. If the pair consolidates above the 21 SMA and above 5/8 Murray in the next few hours, it suggests that the uptrend could prevail. The key is to pay attention to the p...

1 month ago

Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, US Dollar Index, and Ethereum on September 9

GBP/USDBrief analysis:Since October last year, the British pound has been steadily rising against the U.S. dollar. The current trend segment began on August 6 and is still ongoing. Over the past two weeks, the major has been declining, forming a correctio...

1 month ago