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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 | Mar 03 15 07:52 GMT
Intraday bias in EUR/JPY remains neutral for the moment. Price actions from 130.13 are viewed as a consolidation pattern. Even in case of another rise, upside should be limited by 137.63 resistance to bring down trend resumption. Below 132.53 minor support will turn bias back to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Mar 02 15 08:59 GMT
Intraday bias in EUR/JPY remains neutral for the moment. Price actions from 130.13 are viewed as a consolidation pattern. Even in case of another rise, upside should be limited by 137.63 resistance to bring down trend resumption. Below 132.53 minor support will turn bias back to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 28 15 11:01 GMT
EUR/JPY stayed in tight range below 136.67 last week and outlook is unchanged. Initial bias stays neutral this week first. Price actions from 130.13 are viewed as a consolidation pattern. Even in case of another rise, upside should be limited by 137.63 resistance to bring down trend resumption. Below 132.53 minor support will turn bias back to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 26 15 09:03 GMT
Intraday bias in EUR/JPY remains neutral for the moment. Corrective rebound from 130.13 might extend higher. But we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 25 15 07:16 GMT
Intraday bias in EUR/JPY remains neutral for the moment. Corrective rebound from 130.13 might extend higher. But we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 24 15 05:36 GMT
EUR/JPY is still staying above 132.53 minor support and intraday bias remains neutral. Corrective rebound from 130.13 might extend higher. But we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Mid-Day Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 23 15 14:02 GMT
EUR/JPY is still staying above 132.53 minor support and intraday bias remains neutral. Corrective rebound from 130.13 might extend higher. But we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 23 15 07:39 GMT
Intraday bias in EUR/JPY stays neutral for the moment. Rebound from 130.13 might extend. But we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 21 15 11:59 GMT
EUR/JPY's consolidative price actions from 130.13 continued last week and outlook is unchanged. Further rebound cannot be ruled out. But But we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Mid-Day Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 20 15 13:55 GMT
EUR/JPY dips mildly today but it's still staying above 132.53 minor support. Intraday bias stays neutral first. As noted before, while the recovery from 130.13 could still extend, we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 20 15 07:33 GMT
EUR/JPY continues to lost upside momentum ahead of 137.63 minor resistance and intraday bias stays neutral. As noted before, while the recovery from 130.13 could still extend, we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 18 15 05:57 GMT
Intraday bias in EUR/JPY remains neutral for the moment. While the recovery from 130.13 could still extend, we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 17 15 02:39 GMT
Intraday bias in EUR/JPY remains neutral for the moment. While the recovery from 130.13 could still extend, we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 16 15 09:49 GMT
The rebound from 130.13 could still extend higher. But we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 14 15 10:32 GMT
EUR/JPY's recovery from 130.13 extended higher last week. Further rise could still be seen initially this week. But we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 12 15 09:16 GMT
No change in EUR/JPY's outlook. recovery from 130.13 might extend but we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 11 15 07:18 GMT
Breach of 135.34 suggests recovery from 130.13 is resuming. Further rise would be seen but we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 10 15 04:02 GMT
EUR/JPY is holding above 132.37 minor support for the moment. Recovery from 130.13 could extend but we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.37 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 09 15 08:23 GMT
The corrective recovery from 130.13 could still extend higher in near term. But upside of recovery should be limited by 137.63 resistance and bring fall resumption. Below 132.37 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 07 15 07:54 GMT
EUR/JPY retreated mildly last week but stayed above 132.37 minor support. The corrective recovery from 130.13 could still extend higher in near term. But upside of recovery should be limited by 137.63 resistance and bring fall resumption. Below 132.37 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.
Read more...
 
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