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  1. EUR/JPY Technical Analysis: Bounce into Resistance Zone

    by , 01-19-2018 at 08:56 AM
    EUR/JPY capped off what was an impressively strong 2017 by continuing to show strength in the first few trading days of the New Year. But, after an evening star formed around the close of the first week of the year, prices continued to drop as worries about a ‘stealth taper’ from the Bank of Japan created considerable Yen strength.

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    This amounted to a pull-back in the previously ebullient trend of EUR/JPY, and as we wrote last week, prices ...