• EURJPY To Resume Uptrend?

    EURJPY To Resume Uptrend?

    The EUR/JPY pair may resume its uptrend after it appears to have found some footing at around the 141.00 area. A confluence of supports here in the resistance of a failure swing bottom pattern and its uptrend line should be enough to carry the euro afloat against the Japanese yen. Moreover, a spinning top that

  • Chance To Ride The Missed EURJPY Breakout

    Chance To Ride The Missed EURJPY Breakout

    The EURJPY pair previously broke out from a continuation inverted head and shoulders pattern. This occurred when the euro surged against the Japanese yen to bring the pair over its resistance at 132.00. Following the breakout, the pair rose to a high of around 132.70. Since reaching the mentioned high, the pair has weakened and