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Price 166,38(weekly close , 13 of June 2008) Euro-Yen is still in consolidation(triple three running correction) from the past week. We have to complete the consolidation formation(triple three running correction) and then to make the 5th of 3th wave around 168.00/40 levels, or to...

And after the test of 169 , i see this picture.

About this Rising Wedge and 168.90 high test.

hello riskfreetrading, i'm trading it , but with many shorts again , this pair is teasing me from a month ago ... with shorts and shorts. Looks like we are in triangle now , and another rise will come with target 168.10/30 , but i'm still on short side with average price 165.00.

Monthly chart

Price 165.50(weekly close , 6 of June 2008). Euro-Yen is at critical point and now she have two ways for the next 4 weeks. Plan A is to go sharp down to continue the 4th wave or Plan B to go sharp up and make the final 5th wave. If we take a look of the previous weekly correction wave 2 ...

ok, thanks . i will add at 162.70

No corelations with DJ for yen crosses today. Looks like DJ find support near 12800. 200MA H1 and 23.6% fibo from the lows H4. Imo the Japanese will buy yens later...

Hello riskfreetrading. I'm still in short adds.

OUT part EUR/JPY 161.90(01:26AM) +13

Out eur/jpy 162.03 (11:36AM) +10 I'm still underwater. The Japan's GDP tonight is the importand indicator. I hope it will be better number.

no , thanks ks96 next resistance 162.40/50

add short eur/jpy 162.13 (12:21 PM)

add short eur/jpy 161.93 (11:52:55 AM)

add short eur/jpy 161.73(10:59 AM)

The Short from 161.30 was closed today in 06:53 AM at 160.57 +77 Now i'm short again from 161.33(08:40 AM) and add 161.53(10:03 AM)

close part eur/jpy 161.40 (03:01PM) +10

Add short Eur/Jpy 161.50 (02:53 PM EDT)

Resistance 161.50 and then 162.40 Channel Upper Line H4