EURJPY

[Samirofi]

hi everybody

update: 31 july 2014

[Samirofi]

hi everybody

update: 31 july 2014

Result:

[Samirofi]

Update : 11 Feb 2015

Time Frame : Daily

[Samirofi]

Update : 04 May 2015

Time Frame : Daily & H4

[fatemayesmeen]

JPY could be change his policy after next year.You need to wait November or December.Sell EUR/JPY This is the best and suitable time for this pair trader.JPY also very weak but they are also try to strong 2016.So you should be wait 2016 for the good price.

[Samirofi]

EURJPY has been bullish in the last two months, same as EURUSD, but this could come to an end in the coming days or weeks, because we can count five waves up on the 4h chart of EURJPY. Besides, we also see a decreasing bullish momentum on the RSI, while the price can be forming a wedge pattern in the fifth wave. This refers to an ending diagonal in Elliot Wave Theory which can cause a bearish turning point, possibly from around 137. If we are correct, then EUR gains are limited.