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Wednesday, January 14, 2026

Blue Field Delivers New Highs – Foreign exchange Market Evaluation – ForexCycle.com

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On this technical weblog, we’ll take a look at the previous efficiency of the 1-hour Elliott Wave Charts of EURJPY. During which, the rally from 31 July 2025 low is unfolding as an impulse sequence. Due to this fact, known as for extra upside to happen. We knew that the construction within the pair ought to stays incomplete & ought to see extra upside. So, we suggested members to not promote the pair & purchase the dips in 3, 7, or 11 swings on the blue field areas. We are going to clarify the construction & forecast beneath:

EURJPY 1-Hour Elliott Wave Chart From 1.07.2026

EURJPY Breaks Higher: Blue Box Delivers New Highs

Right here’s the 1-hour Elliott wave Chart from the 1.07.2026 London replace. During which, the rally to 184.92 excessive accomplished wave ((iii)) & made a pullback in wave ((iv)). The internals of that pullback unfolded as Elliott wave double correction the place wave (w) ended at 183.19 low. Then a bounce to 184.43 high-ended wave (x) & began the subsequent leg decrease in wave (y) in the direction of 182.73- 181.68 blue field space. From there, consumers had been anticipated to look in search of new highs ideally or for a 3-wave bounce minimal.

EURJPY Newest 1-Hour Elliott Wave Chart From 1.13.2026

EURJPY Breaks Higher: Blue Box Delivers New Highs

That is the most recent 1-hour Elliott wave Chart from the 1.13.2026 Asia replace. During which the pair is displaying a robust response greater going down, proper after ending the double correction inside the blue field space. Allowed members to create a risk-free place shortly after taking the lengthy place on the blue field space. Since than the pair has already made a brand new excessive above earlier wave ((iii)) excessive and now concentrating on 185.47- 186.34 minimal extension goal to finish wave ((v)).

Supply: https://elliottwave-forecast.com/bluebox-wins/eurjpy-blue-box-delivers-new-highs/

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