EUR/JPY

Forex Trading - EUR/JPY Pushing Toward High's

Alex Chernomordin — Mon, 28 Jul 2008 06:57:27 -0400

The Euro Yen pair has held a strong bid overnight as it trades well above the 50 and 200 day moving averages. It will be interesting to see if it can hit and penetrate the all time high's as the pair moves toward resistance above the important 170 handle.

Forex Trading - EURJPY Back to a Familiar Range

Alex Chernomordin — Fri, 18 Jul 2008 05:32:11 -0400

Euro Yen has made a round trip from the Yen buying the market experienced since the beginning of the week. With the Yen losing its bid here in the short-term and trading around resistance, the pair could be range bound between support and resistance, straddling the 200 day moving average for the time being.

Forex Trading: EUR/JPY Trading Off of Resistance

Alex Chernomordin — Thu, 10 Jul 2008 04:46:05 -0400

The Euro Yen pair has held the channel below, similar to other Yen crosses since the end of June. Trading the channel today would have been yielded some success as the pair bounced off support and subsequently dropped lower as it hit daily resistance on light data session.

Forex Technicals: EUR/JPY testing days low at Figure 168.00

Basil Fayad — Thu, 26 Jun 2008 14:34:01 -0400

EUR/JPY testing low again after a bullish Japanese candlestick formation (bullish engulfing) at 168 formed on the intraday chart. The pair retraced from the day up to 168.34 which was 23.6% retracement from move today at 169.45 to low at 168. Look for a retest of the low and should pair break through this psychological/technical resistance could send new lows for the day

Forex Trading: EUR/JPY continues to get sold off as GBP/JPY resumes its offered tone...

Michael FX — Mon, 02 Jun 2008 07:14:39 -0400

EUR/JPY continues to get sold off as GBP/JPY resumes its offered tone. Next technical support level is 162.65. With JPY as bid as it has been all night, that doesn't seem too out of the realm of possibility.

Forex Trading: EUR/JPY bid kept higher by a sell off in the JPY counters...

Michael FX — Wed, 28 May 2008 04:46:21 -0400

EUR/JPY bid kept higher by a sell off in the JPY counters. USD/JPY & GBP/JPY are bid, making EUR/JPY temporarily impervious to a Euro sell off.

Forex Trading: EUR/JPY seeing some profit taking after spiking higher...

Michael FX — Tue, 27 May 2008 04:35:04 -0400

EUR/JPY seeing some profit taking after spiking higher. This is in spite of a strong EUR/USD sell off after data out of Germany. We may see EUR/JPY offered back to the trendline shown.

Forex Trading: EUR/JPY breaking much lower from its consolidation pattern over London...

Michael FX — Fri, 23 May 2008 06:17:00 -0400

EUR/JPY breaking much lower from its consolidation pattern over London. Though at this point stochastics make it look like it may try to make a little recovery.

Forex Trading: EUR/JPY paid on the back of a stronger component...

Michael FX — Wed, 21 May 2008 04:58:53 -0400

EUR/JPY paid on the back of a stronger component. It's not too frequent lately where we see moves like these, meanwhile EUR/JPY shows no signs of stopping....

Forex Trading: EUR/JPY bid on the back of a stronger Euro component...

Michael FX — Tue, 20 May 2008 03:45:06 -0400

EUR/JPY bid on the back of a stronger Euro component post Producer Prices out of Germany. Both EUR/JPY and its EUR/USD component are near some fair psychological resistance and may see some profit taking around these areas.