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Action Insight: EURJPY Technical Outlook

Action Insight is the most popular section of the site, read by traders around the world. Our team of analysts work around the clock, analyzing the markets from technical and fundamental perspectives in providing the reports in this section to you.



EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 30 16 13:06 GMT
Intraday bias in EUR/JPY remains neutral as the corrective price action from 121.47 might continue. With 126.46 resistance intact, the larger down trend is still expected to extend lower. Break of 121.47 will target next projection level at 117.37. However, decisive break of 126.46 will carry larger bullish implication and target 128.21 resistance first.
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EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 28 16 10:12 GMT
EUR/JPY stayed in the sideway pattern above 121.47 last week and outlook is unchanged. Initial bias remains neutral first. With 126.46 resistance intact, the larger down trend is still expected to extend lower. Break of 121.47 will target next projection level at 117.37.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 26 16 09:49 GMT
Intraday bias in EUR/JPY stays neutral as more consolidation could be seen above 121.47 low. But outlook will remain bearish as long as 126.46 resistance holds. Below 121.47 should extend the down trend from 149.76 to next projection level at 117.37.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 25 16 07:53 GMT
Intraday bias in EUR/JPY stays neutral as more consolidation could be seen above 121.47 low. But outlook will remain bearish as long as 126.46 resistance holds. Below 121.47 should extend the down trend from 149.76 to next projection level at 117.37.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 24 16 03:50 GMT
Intraday bias in EUR/JPY stays neutral as more consolidation could be seen above 121.47 low. But outlook will remain bearish as long as 126.46 resistance holds. Below 121.47 should extend the down trend from 149.76 to next projection level at 117.37.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 23 16 03:41 GMT
Intraday bias in EUR/JPY stays neutral as more consolidation could be seen above 121.47 low. But outlook will remain bearish as long as 126.46 resistance holds. Below 121.47 should extend the down trend from 149.76 to next projection level at 117.37.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 20 16 04:45 GMT
Intraday bias in EUR/JPY stays neutral as more consolidation could be seen above 121.47 low. But outlook will remain bearish as long as 126.46 resistance holds. Below 121.47 should extend the down trend from 149.76 to next projection level at 117.37.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 18 16 08:02 GMT
Intraday bias in EUR/JPY stays neutral as more consolidation could be seen above 121.47 low. But outlook will remain bearish as long as 126.46 resistance holds. Below 121.47 should extend the down trend from 149.76 to next projection level at 117.37.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 17 16 07:59 GMT
Intraday bias in EUR/JPY stays neutral as more consolidation could be seen above 121.47 low. But outlook will remain bearish as long as 126.46 resistance holds. Below 121.47 should extend the down trend from 149.76 to next projection level at 117.37.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 16 16 08:25 GMT
Intraday bias in EUR/JPY stays neutral as more consolidation could be seen above 121.47 low. But outlook will remain bearish as long as 126.46 resistance holds. Below 121.47 should extend the down trend from 149.76 to next projection level at 117.37.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 14 16 12:52 GMT
EUR/JPY's rebounded stronger last week which argue that recent down trend is not ready to resume. More consolidative trading could be seen in near term. But outlook will remain bearish as long as 126.46 resistance holds. Below 121.47 should extend the down trend from 149.76 to next projection level at 117.37.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 13 16 06:41 GMT
No change in EUR/JPY's outlook as larger down trend is still expected to continue as long as 126.46 resistance stays intact. Break of 121.47 will target next projection level at 117.37. Meanwhile, firm break of 126.46 will be a strong indication of trend reversal.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 12 16 07:24 GMT
No change in EUR/JPY's outlook as larger down trend is still expected to continue as long as 126.46 resistance stays intact. Break of 121.47 will target next projection level at 117.37. Meanwhile, firm break of 126.46 will be a strong indication of trend reversal.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 11 16 09:01 GMT
No change in EUR/JPY's outlook as larger down trend is still expected to continue to 126.46 resistance intact. Break of 121.47 will target next projection level at 117.37. Meanwhile, firm break of 126.46 will be a strong indication of trend reversal.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 10 16 03:28 GMT
EUR/JPY once again rebounded and bias stays neutral for the moment. Overall, near term outlook stays bearish as long as 126.46 resistance holds. Medium term down trend is still expected to continue to next projection level at 117.37. Meanwhile, firm break of 126.46 will be a strong indication of trend reversal.
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EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 07 16 13:55 GMT
EUR/JPY's fall and breach of 121.67 low last week suggests that larger decline is resuming. Initial bias stays on the downside this week. Sustained trading below 121.67 will target next projection level at 117.37. However, above 123.49 resistance will dampen this bearish view and bring another rebound back towards 126.46 resistance.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 06 16 04:37 GMT
Intraday bias in EUR/JPY remains neutral for consolidation above 121.67 temporary low. Recovery should be limited well below 126.46 resistance and bring fall resumption. Break of 121.67 will extend the whole down trend from 149.76 and target next projection level at 117.37.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 05 16 07:57 GMT
Intraday bias in EUR/JPY remains neutral for consolidation above 121.67 temporary low. Recovery should be limited well below 126.46 resistance and bring fall resumption. Break of 121.67 will extend the whole down trend from 149.76 and target next projection level at 117.37.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 04 16 09:02 GMT
Intraday bias in EUR/JPY remains neutral for consolidation above 121.67 temporary low. Recovery should be limited well below 126.46 resistance and bring fall resumption. Break of 121.67 will extend the whole down trend from 149.76 and target next projection level at 117.37.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | May 03 16 09:02 GMT
A temporary low is in place at 121.67 and intraday bias is turned neutral first. Recovery should be limited well below 126.46 resistance and bring fall resumption. Break of 121.67 will extend the whole down trend from 149.76 and target next projection level at 117.37.
Read more...
 
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