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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 | Jul 24 14 04:04 GMT
Intraday bias in EUR/JPY remains on the downside. The cross is in the third leg of the pattern from 145.68 and should target 136.22 support next. On the upside, above 137.33 minor resistance will turn bias neutral and bring consolidations before staging another decline.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 23 14 06:21 GMT
EUR/JPY's decline continues and reaches as low as 136.45 so far. Intraday bias remains on the downside. The cross is in the third leg of the pattern from 145.68 and should target 136.22 support next. On the upside, above 137.33 minor resistance will turn bias neutral and bring consolidations before staging another decline.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 22 14 06:32 GMT
With 137.49 minor resistance intact, further fall is expected in EUR/JPY. The cross is in the third leg of the pattern from 145.68 and should target 136.22 support next. On the upside, above 137.49 will turn bias neutral and bring consolidations before staging another decline.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by Administrator | Jul 21 14 07:56 GMT
With 137.49 minor resistance intact, further fall is expected in EUR/JPY. The cross is in the third leg of the pattern from 145.68 and should target 136.22 support next. On the upside, above 137.49 will turn bias neutral and bring consolidations before staging another decline.
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EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 19 14 09:35 GMT
EUR/JPY's decline continued last week and reached as low as 136.71. Initial bias remains on the downside this week for deeper fall. The cross is in the third leg of the pattern from 145.68 and should target 136.22 support next. On the upside, above 137.49 will turn bias neutral and bring consolidations before staging another decline.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 18 14 07:22 GMT
EUR/JPY drops to as low as 136.71 so far and intraday bias remains on the downside. The cross is in the third leg of the pattern from 145.68 and should target 136.22 support. On the upside, above 137.49 minor resistance will turn bias neutral and bring consolidations before staging another decline.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 17 14 07:54 GMT
EUR/JPY's decline resumed by taking out 137.49 temporary low and reaches as low as 137.21 so far. Intraday bias is back on the downside. The cross is in the third leg of the pattern from 145.68 and should target 136.22 support. On the upside, break of 138.44 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 16 14 08:08 GMT
Intraday bias in EUR/JPY remains neutral for the moment but with 138.75 minor resistance intact, deeper decline is still expected. As noted before, the cross in in the third leg of the pattern from 145.68. Below 137.49 will target 136.22 support next. On the upside, above 138.75 will turn focus back to 139.27 resistance and break will indicates near term reversal.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 15 14 04:53 GMT
Intraday bias in EUR/JPY remains neutral for the moment but with 138.75 minor resistance intact, deeper decline is still expected. As noted before, the cross in in the third leg of the pattern from 145.68. Below 137.49 will target 136.22 support next. On the upside, above 138.75 will turn focus back to 139.27 resistance and break will indicates near term reversal.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 14 14 08:11 GMT
EUR/JPY recovers strongly today but with 138.75 minor resistance intact, further decline is still expected. As noted before, the cross in in the third leg of the pattern from 145.68. Deeper decline should be seen to 136.22 support next. On the upside, above 138.75 will turn focus back to 139.27 resistance and break will indicates near term reversal.
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EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 12 14 08:04 GMT
EUR/JPY's break of 137.71 support last week confirmed decline resumption. Initial bias remains on the downside this week. As noted before, the cross in in the third leg of the pattern from 145.68. Deeper decline should be seen to 136.22 support next. On the upside, above 138.75 will turn focus back to 139.27 resistance and break will indicates near term reversal.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 11 14 08:35 GMT
Intraday bias in EUR/JPY remains on the downside as the fall from 143.78 has just resumed. Such fall is the third leg of the pattern from 145.68 and should now target 136.22 key support level. On the upside, break of 139.27 resistance is needed to indicate near term bottoming. Otherwise, outlook will stay bearish in case of recovery.
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EUR/JPY Mid-Day Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 10 14 13:28 GMT
EUR/JPY's sharp fall and break of 173.71 confirms resumption of recent decline from 143.78. Such decline is the third leg of the pattern from 145.68. Intraday bias is now on the downside for 136.22 key support level. On the upside, break of 139.27 resistance is needed to indicate near term bottoming. Otherwise, outlook will stay bearish in case of recovery.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 10 14 04:27 GMT
The consolidation from 137.71 is still in progress and intraday bias remains neutral for the moment. Near term outlook is bearish with 140.09 resistance intact and another fall in expected. The cross is in the third leg of the pattern from 145.68. Break of 137.71 will target 136.22 support next. On the upside, break of 140.09 will indicate near term reversal and turn bias back to the upside for 143.78 resistance.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 09 14 05:32 GMT
EUR/JPY is staying in established range above 137.71 low and intraday bias remains neutral. Near term outlook is bearish with 140.09 resistance intact and another fall in expected. The cross is in the third leg of the pattern from 145.68. Break of 137.71 will target 136.22 support next. On the upside, break of 140.09 will indicate near term reversal and turn bias back to the upside for 143.78 resistance.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 08 14 05:29 GMT
EUR/JPY weakens mildly after hitting 139.27 but it's staying in established range above 137.71 low. Intraday bias remains neutral first. Near term outlook is bearish with 140.09 resistance intact and another fall in expected. The cross is in the third leg of the pattern from 145.68. Break of 137.71 will target 136.22 support next. On the upside, break of 140.09 will indicate near term reversal and turn bias back to the upside for 143.78 resistance.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 07 14 07:11 GMT
Intraday bias in EUR/JPY remains neutral as the consolidation from 137.71 continues. Near term outlook stays bearish as long as 140.09 resistance holds. The cross is in the third leg of the pattern from 145.68. Break of 137.71 will target 136.22 support next. On the upside, break of 140.09 will indicate near term reversal and turn bias back to the upside for 143.78 resistance.
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EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 05 14 08:01 GMT
EUR/JPY's consolidation from 137.71 continued last week and outlook is unchanged. Initial bias remains neutral this week first for more sideway trading. Near term outlook stays bearish as long as 140.09 resistance holds. The cross is in the third leg of the pattern from 145.68. Break of 137.71 will target 136.22 support next. On the upside, break of 140.09 will indicate near term reversal and turn bias back to the upside for 143.78 resistance.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 04 14 07:24 GMT
The consolidation from 137.71 is still in progress and intraday bias in EUR/JPY remains neutral. Near term outlook stays bearish as long as 140.09 resistance holds. The cross is in the third leg of the pattern from 145.68. Break of 137.71 will target 136.22 support next. On the upside, break of 140.09 will indicate near term reversal and turn bias back to the upside for 143.78 resistance.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jul 03 14 04:57 GMT
The consolidation from 137.71 is still in progress and intraday bias in EUR/JPY remains neutral. Near term outlook stays bearish as long as 140.09 resistance holds. The cross is in the third leg of the pattern from 145.68. Break of 137.71 will target 136.22 support next. On the upside, break of 140.09 will indicate near term reversal and turn bias back to the upside for 143.78 resistance.
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