Eur/Jpy Analysis

**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.

**Williams Taylor** · 18-01-17, 10:08

EUR/JPY has been dipping, but the trend still is calling for the bulls, it’s evident that the pair looks fairly stable and is likely to remain that way only throughout the week with no major event lined up either.

**Williams Taylor** · 08-02-17, 12:23

EUR/JPY has been maintain very low levels this week so far, as we saw huge dip recently, it’s unlikely to recover much this week, so the go to scene is definitely short. However, we need to keep the timing right to be able to extract enough.

**Williams Taylor** · 15-02-17, 19:40

EJ has been in bullish trend for last one week, it is in scenario that is all likely to continue in same fashion. However, it is the strength looks to be tired, it may pull in the bears, but for time being, it will be good chance to have a crack at long trade.

**Williams Taylor** · 05-03-17, 20:08

This pair went very high to close the week, it has been working into bearish trend as the weakness in Euro was playing major part, but with the turn around that we have seen, it has really cause the pair to gain big time and has went high in big way.