Chart EUR/USD From Beginning to End

Chart Euro to Dollar From Beginning to Yesterday (2006-2012 years)

When you look this chart, I will recomended you also look this article EURUSD buy or sell in the new year

Independent FOREX Research is a personal informational educational blog all about the foreign exchange market.

Early January USD/JPY Weekly Forex Forecast

January FOREX Forecast on USD/JPY

First numbers of January. USD/JPY Weekly Forex forecast. The ratio of the dollar against the Japanese yen in recent years has changed a lot in the direction of the dollar. The economic situation in Japan can be read in the calendar of events of the Forex Market News. After September 13, the economic situation in Japan was shown in the chart. The formation of a new trend going on at a brisk pace. The currency pair EUR/USD increased by 360 pips up to 80.70 point. And then, the currency pair went into a small correction to 79.06 and then the pair went into a small correction, and then it increased again by 760 pips to point 86.65. Ultimately, USD/JPY increased by almost one thousand pips. On the chart we will look formation of the fourth wave by Elliott. By Elliott Wave theory the fourth wave is usually a horizontal channel, or another flat. The fourth wave can down to maximum of first wave down to point 80.70. And after that moving maybe growing up higher than USD/JPY - 89.30. We recommend opening the transaction after the fourth wave on timeframe Daily. It is possible that when the fourth wave is below the first wave - then you have to follow the formation of a new downwards trend.

Trading and forecasts in the FOREX Explorer blog this is a personal informational educational blog all about the foreign exchange market. Our previous forecasts for the currency pair USD / JPY

January USD/JPY Weekly FOREX Forecast. Chart USD/JPY in timeframe H4. Blue rectangles are the future of a possible movement of the currency pair USD / JPY. By Elliott theory 4-th wave will be as a horizontal channel or flat.

In our opinion, after such a long uptrend, we would expect a correction in the form of the fourth wave. The worst idea of the fourth wave - is expanding triangle by Cornelius Luca. For Example Technique FOREX Forecasts

FOREX Chart of currency pair USD/JPY in timeframe H1 in January

December. Weekly FOREX Forecast on Euro to USd

So. We will look to some part of the charts. Currency pair Euro to Usd, in my opinion, will be growing up. Some our exponential moving averages steel under a price. But some time later we can see another direction from this place. So. almost all the time in the Forex we will have 2 direction. I think 70% traders will continue trade in "buy". Unfortunately, it will not always. We can see horizontal channel with borders from like around EURUSD=1.3160 to EURUSD=1.3290. I think after this flat currency pair will continue move up. I try to explain you my opinion.

EUR/USD Weekly Forex Forecast on December

Let is go to next screenshot chart.

Currency pair Eur/Usd with time frame Daily and market targets. 

On this chart we can see level Fibonacci with market possible targets. First target by Fibonacci levels will be EURUSD=1.3420 it is show on the small Fibonacci levels. Next, Target we found by big Fibonacci levels and it is will be 1.3610 and then, we can establish target to 1.3800-1.3870.

Stop Loss we recommended install not lower than 1.2600. This is for long term strategy.
Also all the time we recommended checking Forex market. For example in this chart we can see Divergence between AO (MACD) and FOREX pair. Take a look at the chart.

Divergence on The FOREX Market on the Eur/Usd between MACD and currency pair. 

First and last day EURUSD
USDJPY FOREX Forecast
Independent FOREX Research is a personal informational educational blog all about the foreign exchange market.
My the previous forecasts: Early December Forex Forecasts on the Eur/Usd and November weekly FOREX Forecast on EURUSD