EUR/JPY – Updated Analysis

In the previous blog on this pair, we were looking at a pullback to complete a potential inverse head and shoulder. Although this was not achieved, once we had the candle closure above the ascending parallel channel, price went on to climb 150 pips to the upside. On the daily chart above, we had aContinue reading “EUR/JPY – Updated Analysis”

EUR/NZD – Technical Analysis

Today, we’ll be looking at the Euro versus the New Zealand dollar for a potential move to the upside into and possibly through the monthly key of 1.82000. Plotting the fib on the 4 hour time frame we can see that there was a wick into the 78.6 and a reversal off of the 61.8Continue reading “EUR/NZD – Technical Analysis”