EUR/JPY Forecast January 25, 2016, Technical Analysis

The EUR/JPY pair initially fell during the day on Friday, but found enough support near the 127.50 level to turn things around and form a positive candle. Because of this, it looks as if we are ready to continue going back and forth overall as the 130 level above is massively resistive. However, we do recognize that the weekly candle is a hammer so that could be somewhat positive. Regardless what happens from here, we believe that there is going to be a lot of volatility in this market and therefore it can to be very difficult to hang onto any trade for any real length of time. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the