EUR/JPY Forecast December 15, 2016, Technical Analysis

The EUR/JPY pair fell initially during the day on Wednesday, but turned around to form a slightly positive candle. Because of this, the market looks as if it is try to break down but I think it can take a while to do so. Pullback should continue to offer value, because the EUR itself isn’t exactly the strongest currency, but more importantly the Japanese yen is horrifically soft. I think we eventually reach towards the 125 handle, and that the 120 level below is the “floor” in this market. With this, I have no interest in selling. - 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