Eur/Jpy Analysis

**Williams Taylor** · 09-10-16, 21:03

EUR/JPY picked in really dramatic fashion with the pair putting up nearly 300-400 pips and settling above 115 level at 115.37 level, it’s likely that we will see the pair climbing up to 116-117 in quick time during next week, but might just pull back a touch.

**Williams Taylor** · 16-10-16, 14:47

EUR/JPY was bearish this week with the pair staying steady throughout yet was heavily bias towards bearish mark and is something we are likely to see continuing in week to come, so it’s interesting where things will head next, but there is enough to say we are in for bullish ride soon.

**Williams Taylor** · 20-11-16, 14:06

Starting the week at 115.80 and ending the week at 117.42 with a gain of 1.40% was pretty impressive. Seems the moves were mostly from the JPY related which got battered in USD/JPY, though EURO’s strength was mixed across the board. So there was some consolation for Euro which did not do well against USD. What would be the next moves would be remains to be seen!

**Williams Taylor** · 27-11-16, 21:36

A month of sharp declines for JPY and there seems to be no stopping but somewhere there might be some reversal. We have ECB and BoJ meeting in Dec in which traders would be looking for clues for further direction for this pair in the near term. Key elections in Eurozone would like to pressurize Euro and in a risk off mood, JPY stands to gain!

**Williams Taylor** · 04-12-16, 22:54

Closing the week at 121.08 from 119.79 at the start was another gain for this pair. Now this was helped in other pairs & this pair caught in the cross-fire and yet managed to make gains for another week. But such one-sided moves can’t last long and there would be some decent re-tracements, more so if the safe haven Yen gets bids due to risk-off sentiments in the markets going into the month & year end and due to re-balancing of portfolios & positions!

**Williams Taylor** · 26-12-16, 09:24

Joining the dots from 1.0451 via 1.0499 & 1.0353 to 1.0455 marked the Open, High, Low and Close (OHLC) for the week. Nice recovery from the lows with a nearly 150 pips upwards. Parity of the pair is turning out to elusive though many big players have been predicting it from nearly couple of years and every time when it looked they might achieve the target the price moved otherwise!

**Williams Taylor** · 08-01-17, 01:23

EUR/JPY this week continued to push higher and is ranging around 122/123 mark, it eventually closed at 123.23 level and may see such trending continuing ahead, so still a good shot at long if there is a slight pullback.