Market Forecast 04/10/2017

The Euro is under pressure and testing an important support vs the Japanese Yen. GBP/JPY is also in the bearish territory and might continue to slide towards 149.00. EUR/JPY Forecast – Euro testing Crucial Support Key Points The Euro after trading above 133.00 against the Japanese Yen found sellers and declined. The EURJPY pair is… Continue reading Market Forecast 04/10/2017

Market Forecast 27/09/2017

The Euro is correcting higher vs the Japanese Yen, but upsides remain capped near 133.00. Crude oil price is starting to show signs of a short-term top. EUR/JPY Forecast – Euro’s Upsides Remain Capped Key Points The Euro started a downside move from the 134.35 swing high against the Japanese Yen. The EURJPY pair is… Continue reading Market Forecast 27/09/2017

Market Forecast 13/09/2017

EUR/JPY Forecast – Euro Remains In Uptrend Key Points The Euro traded higher recently and moved above the 131.20 resistance against the Japanese Yen. There is an expanding triangle forming with support at 131.70 on the hourly chart of the EUR/JPY pair. Today in the Euro Zone, the German Consumer Price Index for August 2017… Continue reading Market Forecast 13/09/2017

Market Forecast 06/09/2017

EUR/JPY Forecast – Euro Remains Sell on Rallies Key Points The Euro remains in a downtrend and recently traded below the 130.40 support against the Japanese Yen. There are two bearish trend lines forming with resistance at 130.00 and 130.65 on the hourly chart of the EUR/JPY pair. Today in the Euro Zone, the Italian… Continue reading Market Forecast 06/09/2017