ActionForex.com
Apr 19 04:19 GMT

Sponsors

Forex Expos

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 | Apr 17 14 07:17 GMT
EUR/JPY continues stay in range of 139.95/143.78 and intraday bias remains neutral. Outlook is unchanged too. Price actions from 145.68 are viewed as forming a consolidation pattern with rise from 136.22 as the second leg. Break of 139.95 will revive that case that such second leg has completed. In such case, outlook will turn bearish as the third leg should have started for 136.22 support and below. Above 143.78 will extend the second leg but in that case, we'd expect strong resistance below 145.68 to limit upside and bring reversal.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 16 14 03:38 GMT
EUR/JPY is staying in range of 139.95/143.78 and intraday bias remains neutral for the moment. Outlook is unchanged so far. Price actions from 145.68 are viewed as forming a consolidation pattern with rise from 136.22 as the second leg. Break of 139.95 will revive that case that such second leg has completed. In such case, outlook will turn bearish as the third leg should have started for 136.22 support and below. Above 143.78 will extend the second leg but in that case, we'd expect strong resistance below 145.68 to limit upside and bring reversal.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 15 14 03:53 GMT
EUR/JPY is staying in range of 139.95/143.78 and intraday bias remains neutral for the moment. Outlook is unchanged so far. Price actions from 145.68 are viewed as forming a consolidation pattern with rise from 136.22 as the second leg. Break of 139.95 will revive that case that such second leg has completed. In such case, outlook will turn bearish as the third leg should have started for 136.22 support and below. Above 143.78 will extend the second leg but in that case, we'd expect strong resistance below 145.68 to limit upside and bring reversal.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 14 14 08:04 GMT
Intraday bias in EUR/JPY remains neutral at this point. Price actions from 145.68 are viewed as forming a consolidation pattern with rise from 136.22 as the second leg. Break of 139.95 will revive that case that such second leg has completed. In such case, outlook will turn bearish as the third leg should have started for 136.22 support and below. Above 143.78 will extend the second leg but in that case, we'd expect strong resistance below 145.68 to limit upside and bring reversal.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 12 14 03:14 GMT
EUR/JPY continued to say in familiar range last week and outlook is unchanged. Price actions from 145.68 are viewed as forming a consolidation pattern with rise from 136.22 as the second leg. Break of 139.95 will revive that case that such second leg has completed. In such case, outlook will turn bearish as the third leg should have started for 136.22 support and below. Above 143.78 will extend the second leg but in that case, we'd expect strong resistance below 145.68 to limit upside and bring reversal.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 11 14 02:47 GMT
Intraday bias in EUR/JPY remains neutral for the moment as range trading continues. Price actions from 145.68 are viewed as forming a consolidation pattern with rise from 136.22 as the second leg. Break of 139.95 will revive that case that such second leg has completed. In such case, outlook will turn bearish as the third leg should have started for 136.22 support and below. Above 143.78 will extend the second leg but in that case, we'd expect strong resistance below 145.68 to limit upside and bring reversal.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 10 14 04:23 GMT
EUR/JPY formed a temporary low at 140.07, ahead of 139.95 support, and intraday bias is turned neutral first. Outlook is unchanged though. Price actions from 145.68 are viewed as forming a consolidation pattern with rise from 136.22 as the second leg. Break of 139.95 will revive that case that such second leg has completed. In such case, outlook will turn bearish as the third leg should have started for 136.22 support and below. Above 143.78 will extend the second leg but in that case, we'd expect strong resistance below 145.68 to limit upside and bring reversal.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 09 14 04:12 GMT
Intraday bias in EUR/JPY remains mildly on the downside and current fall should continue to 139.95 support. Price actions from 145.68 are viewed as forming a consolidation pattern with rise from 136.22 as the second leg. Break of 139.95 will revive that case that such second leg has completed. In such case, outlook will turn bearish as the third leg should have started for 136.22 support and below. Above 143.78 will extend the second leg but in that case, we'd expect strong resistance below 145.68 to limit upside and bring reversal.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 08 14 04:39 GMT
Intraday bias in EUR/JPY remains mildly on the downside and current fall should continue to 139.95 support. Price actions from 145.68 are viewed as forming a consolidation pattern with rise from 136.22 as the second leg. Break of 139.95 will revive that case that such second leg has completed. In such case, outlook will turn bearish as the third leg should have started for 136.22 support and below. Above 143.78 will extend the second leg but in that case, we'd expect strong resistance below 145.68 to limit upside and bring reversal.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 07 14 07:55 GMT
EUR/JPY edges lower to 141.11 today and intraday bias remains mildly on the downside for 139.95 support. Price actions from 145.68 are viewed as forming a consolidation pattern with rise from 136.22 as the second leg. Break of 139.95 will revive that case that such second leg has completed. In such case, outlook will turn bearish as the third leg should have started for 136.22 support and below. Above 143.78 will extend the second leg but in that case, we'd expect strong resistance below 145.68 to limit upside and bring reversal.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 05 14 10:16 GMT
EUR/JPY's rally attempt was limited at 143.47 last week, below 143.78 resistance and dropped sharply towards the end. Initial bias is mildly on the downside this week for 139.95 support first. Overall outlook is unchanged. Price actions from 145.68 are viewed as forming a consolidation pattern with rise from 136.22 as the second leg. Break of 139.95 will revive that case that such second leg has completed. In such case, outlook will turn bearish as the third leg should have started for 136.22 support and below. Above 143.78 will extend the second leg but in that case, we'd expect strong resistance below 145.68 to limit upside and bring reversal.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 04 14 05:48 GMT
EUR/JPY lost momentum ahead of 143.78 resistance and intraday bias is turned neutral first. Outlook is unchanged. Price actions from 145.68 are viewed as a correction pattern with rise from 136.22 as the second leg. At this point, rise from 136.22 is in favor to continue for another high above 143.78. However, we'd expect strong resistance below 145.68 to limit upside and bring another decline as the third leg. On the downside, however, below 141.88minor support will turn bias back to the downside for 139.95 first. Break will argue that rebound from 136.22 has completed.
Read more...
 
EURJPY: Price Correction Sets In Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 03 14 12:40 GMT
EURJPY- With the cross halting its weakness on Wednesday, further decline is likely in the days ahead. Resistance resides at the 143.78 level. Further out, resistance comes in at the 144.00 level where a break will turn attention to the 144.50 level and then the 144.00 level. A violation will push it further higher towards the 145.50 level.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 03 14 04:14 GMT
With 141.88 minor support intact, further rise is expected in EUR/JPY. As noted before, price actions from 145.68 are viewed as a correction pattern with rise from 136.22 as the second leg. Rise from 136.22 could extend through 143.78. But we'd expect strong resistance below 145.68 to limit upside and bring another decline as the third leg. Meanwhile, below 139.95 will turn bias back to the downside for 136.22 low.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 02 14 05:13 GMT
Intraday bias in EUR/JPY remains on the upside for the moment. As noted before, price actions from 145.68 are viewed as a correction pattern with rise from 136.22 as the second leg. Rise from 136.22 could extend through 143.78. But we'd expect strong resistance below 145.68 to limit upside and bring another decline as the third leg. Meanwhile, below 139.95 will turn bias back to the downside for 136.22 low.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 01 14 04:37 GMT
The break of 141.88 minor resistance argues that the pull back from 143.78 has completed at 139.95. Intraday bias is back on the upside for 143.78 and above. Overall outlook is unchanged though. Pice actions from 145.68 are viewed as a correction pattern with rise from 16.22 as the second leg. Thus, we'd expect strong resistance below 145.68 to limit upside and bring another decline as the third leg. Meanwhile, below 139.95 will turn bias back to the downside for 136.22 low.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Mar 31 14 07:01 GMT
Intraday bias in EUR/JPY remains neutral for the moment. Price actions from 145.68 are viewed as a correction that's not completed yet. Below 139.95 will affirm the case that fall from 143.78 is the third leg and bring deeper decline back to 136.22 low and below. However, above 141.88 minor resistance will argue that rebound from 136.22, as the second leg of the consolidation pattern, is going to extend above 143.78 before completing and start the third leg.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Mar 29 14 06:29 GMT
EUR/JPY dipped to 139.95 last week but quickly recovered from there. Initial bias is turned neutral this week first. Overall outlook is unchanged. Price actions from 145.68 is viewed as a correction that's not completed yet. Below 139.95 will affirm the case that fall from 143.78 is the third leg and bring deeper decline back to 136.22 low and below. However, above 141.88 minor resistance will argue that rebound from 136.22, as the second leg of the consolidation pattern, is going to extend above 143.78 before completing and start the third leg.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Mar 28 14 06:56 GMT
Intraday bias in EUR/JPY remains on the downside for the moment. Fall from 143.78 is viewed as the third leg of the correction pattern from 145.68. Deeper decline should be seen to 138.78 support. Break will target 136.22 and below. On the upside, break of 141.88 minor resistance is needed to indicate short term bottoming. Otherwise, near term outlook stays cautiously bearish.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Mar 27 14 04:00 GMT
EUR/JPY's break of 104.44 indicates that decline from 143.78 has resumed and intraday bias is back on the downside. As noted before, corrective rise from 136.22 should have completed with three waves up to 143.78 already. Fall from 143.78 is viewed as the third wave of the correction pattern from 145.68. Deeper fall should be seen to 138.78 support. Break will target 136.22 and below. On the upside, break of 141.88 minor resistance is needed to indicate short term bottoming. Otherwise, near term outlook stays cautiously bearish.
Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 21

Latest in Technical Outlook

Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

Action Insight Newsletter
ActionForex.com © 2014 All rights reserved.