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USD/JPY moving up quickly as 100 is left behind

Usd/Jpy is moving up higher every month now since 100 has been broken definitely
and is starting to act more as support than as a barrier to overcome
Analysts see eventual target of this pair at 120+ at the end of next year
Where will it in February, let us take a look at the daily chart:
The last move up and retracement give us a Fibonacci expansion of 161.8% still to be reached
The 61.8, and 100% expansion levels were broken already, in swift moves up
I would like to take these levels to the …
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AdamFx42 29 Gru

105 resistance is being challenged at the moment - I expect a pullback to 103.7 support again before next move up to break 105

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bounce from 105 area seems done - now to break the resistance of previous top

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EURo strength growing in September

As the Euro is improving against the dollar, the strong resistence at 1.34 is expected to break any time soon;Eur/Jpy should be in line with this trend too, and improve.We can find signs supporting this on the weekly and daily timeframes:On the weekly timeframe we find a rising trendline, and a bullish channel,the RSI is around 60 - which is an excellent indicator of further strength,and also supporting the continuation of the pair remaining in the upward channelis the Fibonacci expansion of the…
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AdamFx42 18 Wrz

Need another 100 pips up to get close

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AdamFx42 19 Wrz

Target hit - now we need consilidation around resistence here

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AdamFx42 25 Wrz

Looking good, if we can hold around here below strong resistence I should get this one right on

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AdamFx42 30 Wrz

Exciting stuff on the last day - I need 50 pips up to be spot-on...

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AdamFx42 30 Wrz

Resistence around 133.7 should hold any move up

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