EUR/JPY is heading towards the resistance line of a Falling Wedge. If this movement continues, we expect the price of EUR/JPY to test 118.9800 within the next 19 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up […]
EUR/JPY is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 12 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
EUR/JPY is approaching the resistance line of a Falling Wedge. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 21 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
EUR/JPY is heading towards a price line of 121.4200 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see […]
EUR/JPY has broken through a support line of a Triangle chart pattern. If this breakout holds true, we expect the price of EUR/JPY to test 120.9156 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing […]
EUR/JPY is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of EUR/JPY to test 122.5390 within the next 16 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up […]
By: Dima Chernovolov EUR/JPY continues to rise inside the 4-hour Triangle chart pattern which was earlier identified by Autochartist. Autochartist rates the quality of this Triangle at the 6-bar level – which is the result of the slow Initial Trend (2 bars), above-average Uniformity (6 bars) and strong Clarity (8 bars). EUR/JPY is expected to […]
EUR/JPY has broken through the support line of a Support. It has touched this line numerous times in the last 3 days. This breakout shows a potential move to 120.7340 within the next 12 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout […]
EUR/JPY is heading towards the resistance line of a Channel Down and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
EUR/JPY is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of EUR/JPY to test 122.4920 within the next 6 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up […]
