EUR/JPY – Potential Continuation to the Upside

Today, we will be going over the euro versus the Japanese yen. In the previous blog on this pair, we were looking at the psychological round number of 123.000 holding as support which was achieved. Price went on to create a higher high which saw a 160 pip move to the upside, coming a fewContinue reading “EUR/JPY – Potential Continuation to the Upside”

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/JPY – Technical Analysis

Looking at the Euro versus the Yen, price has pulled back significantly since printing the post crisis high of 127.07 on September 1st. Below is a top down analysis of this pair starting on the daily chart. On the chart above, we can see a fib plotted from the start of the most recent bullishContinue reading “EUR/JPY – Technical Analysis”

EUR/JPY – Updated Analysis

Welcome to another blog by AspireFX, today we will be covering what has taken place with the euro versus the yen since the last blog post. Starting on the 4-hour time frame with the same zones drawn in as the previous post, I was anticipating a move into 126.000 which was achieved as we canContinue reading “EUR/JPY – Updated Analysis”

EUR/JPY – Important Zones To Watch For

This morning the Eurozone released their Markit Composite and Services PMI’s which both came out positive. Comparing the latest release to the previous month’s data, we can see that there was a moderate growth in activity with Germany proving to be the best performing country during August. Looking at this pair on the daily timeContinue reading “EUR/JPY – Important Zones To Watch For”

CHFJPY – Update

Welcome to another blog by AspireFX. Today, we’ll be looking at what happened with CHFJPY over the course of the week. Looking back at the analysis done earlier in the week, we can see that this pair fell 130 pips once the retest of the trend line was confirmed illustrated above by the the highlightedContinue reading “CHFJPY – Update”

GBP/JPY – Potential Scenarios

Welcome to another AspireFX blog. Today we’ll be looking at the Pound versus the Yen and the potential moves we could see as this week comes to a close as well as heading into next week. Looking on the 4 hour chart above, we can see we’ve been trending to the downside between two descendingContinue reading “GBP/JPY – Potential Scenarios”

GBP/JPY – Potential Negative Rates & Safe Haven Flows

Good day traders and welcome back to another article from AspireFX. Today we will be going over the current themes effecting GBPJPY as well as the technical analysis. Looking at the weekly timeframe, we see a bearish marubozu the prior week closing back below the psychological key level of 130.000. Upon the opening of theContinue reading “GBP/JPY – Potential Negative Rates & Safe Haven Flows”