Tag: EURJPY

Nov 03
EURJPY Wave Analysis – 2 November, 2022

• EURJPY reversed from multi-year resistance level 148.00 • Likely to fall to support level 144.00 EURJPY currency pair recently reversed down from the multi-year resistance level 148.00 (which stopped the sharp uptrend in 2014), standing above the upper weekly Bollinger band. The downward reversal from the resistance level 148.00 stopped the earlier sharp upward […]

Oct 17
EURJPY Wave Analysis – 17 October, 2022

• EURJPY broke key resistance level 144.00 • Likely to rise to resistance level 148.00 EURJPY recently broke above the key resistance level 144.00 (which has been steadily reversing the pair from the start of June). The breakout of the resistance level 144.00 accelerated the active short-term impulse wave (iii), which belongs to the higher […]

Oct 05
EURJPY Wave Analysis – 5 October, 2022

• EURJPY reversed from resistance level 144.00 • Likely to fall to support level 142.00 EURJPY currency pair recently reversed down from the key resistance level 144.00 (which has been reversing the price from the start of June). The downward reversal from the resistance level 144.00 stopped the earlier short-term impulse wave 3. Given the […]

Sep 14
EURJPY Wave Analysis – 14 September, 2022

• EURJPY reversed from resistance level 144.00 • Likely to fall to support level 142.00 EURJPY recently reversed down from the key resistance level 144.00 (which has been reversing the price from the start of June), standing near the upper daily Bollinger Band. The downward reversal from the resistance level 144.00 created the daily Japanese […]

Sep 08
EURJPY Wave Analysis – 8 September, 2022

• EURJPY reversed from key resistance level 144.30 • Likely to fall to support level 142.00 EURJPY currency pair recently reversed down from the key resistance level 144.30 (which has been reversing the price from the start of June) standing above the upper daily Bollinger Band. The downward reversal from the resistance level 144.stopped the […]

Sep 06
EURJPY Wave Analysis – 6 September, 2022

• EURJPY broke key resistance level 139.50 • Likely to rise to resistance level 142.30 EURJPY currency pair recently broke the key resistance level 139.50 standing close to the 61.8% Fibonacci correction of the earlier downward ABC correction (2) from June. The price earlier broke the resistance trendline of the daily down channel from the […]

Aug 08
EURJPY Wave Analysis – 8 August, 2022

• EURJPY broke resistance level 136.65 • Likely to rise to resistance level 138.00 EURJPY currency pair recently broke the resistance level 136.65 intersecting with the 38.2% Fibonacci correction of the downward impulse C from July. The breakout of the resistance level 136.65 should accelerate the active intermediate impulse wave (3) from the start of […]

Aug 03
EURJPY Wave Analysis – 3 August, 2022

• EURJPY reversed from support level 133.30 • Likely to rise to resistance level 136.75 EURJPY currency pair recently reversed up from the key support level 133.30 (which stopped wave 2 in May) – standing far outside of the lower daily Bollinger Band. The upward reversal from the support level 133.30 created the daily candlesticks […]

Jul 15
EURJPY Wave Analysis – 15 July, 2022

• EURJPY reversed from support level 138.00 • Likely to rise to resistance level 140.00 EURJPY currency pair recently reversed up with the Bullish Engulfing from the key support level 138.00, standing near the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from May. The upward reversal from the support […]

Jun 02
EURJPY Wave Analysis – 2 June, 2022

• EURJPY broke key resistance level 138.15• Likely to rise to resistance level 140.00 EURJPY recently broke the key resistance level 138.15 (which stopped waves (a) and (b) at the start of May). The breakout the resistance level 138.15 accelerated the active minor impulse wave (iii), which belongs to the higher order impulse wave 3 […]