EUR/JPY

Look at these exhaustion candles on the daily, must be lower prices for sure. Sellers lined up into 121.00
Fill you boots, this one is going lower.

Watched a multi week range breakdown and the subsequent pullback. Now price has shown slight rejection of this area, but we continue to hold near it. This struggle to see a push back to the recent lows is sign of strength. If the bulls fail to break back into the range I suspect a swift move back to said lows. If bullishness takes hold, I wouldn't be surprised to see a push back to 123s.

Despite strong Dollar, Eur/Jpy maintain risk on the downside and found immediate support around 119.30 level, break lower would lead to further downward.

nice entry here @ 120

EUR/JPY has really pushed the bar down, but was able to pick it up yesterday. Still, the trend is very much in bearish direction and it looks better bet to go for short, but need to get it done with right level of management to get it working.

EJ closed below the falling wedge/support Friday.
I see monthly support/TL retest area a decent distance below

with a good opportunity for a channel breakout retest above

What happened?
Nice spike to the downside.

perfect elliot wave on a 4 hour chart, now set for a temporary downturn.

EUR/JPY has been going sharp non-stop, it’s unlikely that we will see this stop, but might see some dip as we move ahead into next week. However, it is good opportunity to go for long trades again, but needs to be very wise with how we handle things.

Went Long ... will be adding more on the way...

Looks like trend reversal on H1.

To me 120 needs to be taken out for a reversal. E/$ is heading down on the lower timeframes and UJ is perhaps heading up. No strong signals at the moment in my opinion.

Hey everyone, its been awhile since i posted anything. Thought maybe I should post an update on what i believe will happen. My system gives me targets if certain things hold true like for example my current road map is.... If our high we made back in December - January is our high for the next few swings, we will first have a move to 117 and if our high is still kept and we break past 111 easily we will have an extension move downwards to around 108.7 most likely 105... If our high is broken (i find not quite as likely because i feel like our current base is not quite complete) we should get a minimum of a move to 130.

And on the short term currently we are due for a move upward but we have some resistance to get through first. I like how momentum hasn't increase more than it had in the previous swings but we have some down trend lines we have to break before that can happen. My target is a dynamic line that will be a good area to reevaluate the current market condition and lighten up some longs if i have any on.

Anyways, its Friday! Have a good weekend and green pips to all!

current month showing signs of rejection.
Good area to put shorts on the daily TF

March 28th, 2017 Analysis For EUR/JPY.

I see an expanding triangle that looks pretty good to short until at least 118.220.

We are below the cloud, moving average should be right at the 0.382% & 0.50% of the current drop from the high of
3/21/2017 to the low it made at 119.335 on 3/23/2017.

That ascending trendline I have on price right now should be the bottom of a bearish flag, I think because Article 50 is being
triggered tomorrow that there will be no volume until then. Hopefully, it cracks the flag once it hits the red line and melts 200+ pips!

The final short-term take profit for me would be at the bottom of the expanding triangle.

can see some green pips in EJ looking for target at 118.60

nice buy here around 118. it's a little risky though.

117.70 important level being 200 DMA..

pivotal time ...