EUR/JPY Forecast November 10, 2016, Technical Analysis

The EUR/JPY pair fell on Wednesday, but found enough support to turn things around and form a nice-looking hammer. The hammer is pressing up against the 116 level above, and a break above there could send this market looking for the 118 handle. I believe that the market will continue to be very volatile, but eventually we should continue to go higher. I think that pullbacks simply will offer value as we continue to bang up against the resistance. The matter what happens, I think that it’s going to be difficult to deal with the Volatility that’s coming. - 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