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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 | Aug 27 14 05:16 GMT
EUR/JPY was rejected from 138.02 resistance and weakened. With 138.02 resistance intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound back to 139.27 resistance.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 26 14 06:38 GMT
EUR/JPY was rejected from 138.02 resistance and weakened. With 138.02 resistance intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound back to 139.27 resistance.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 25 14 05:12 GMT
Intraday bias in EUR/JPY remains neutral for the moment. With 138.02 resistance intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound back to 139.27 resistance.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 22 14 09:12 GMT
Intraday bias in EUR/JPY remains neutral for the moment. With 138.02 resistance intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound back to 139.27 resistance.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 21 14 07:08 GMT
Intraday bias in EUR/JPY remains neutral for the moment. With 138.02 resistance intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound back to 139.27 resistance.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 20 14 06:42 GMT
Intraday bias in EUR/JPY remains neutral for the moment. With 138.02 resistance intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound back to 139.27 resistance.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 19 14 05:06 GMT
Intraday bias in EUR/JPY remains neutral for the moment. With 138.02 resistance intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound back to 139.27 resistance.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 18 14 06:41 GMT
Intraday bias in EUR/JPY remains neutral for the moment. With 138.02 resistance intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound back to 139.27 resistance.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 16 14 09:21 GMT
EUR/JPY's rebound from 135.72 extended higher last week but was kept below 138.02 resistance. Initial bias remains neutral this week first. With 138.02 resistance intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound back to 139.27 resistance.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 15 14 07:19 GMT
The recovery from 135.72 temporary is still in progress and intraday bias stays neutral at this point. With 138.02 resistance intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 14 14 07:26 GMT
Intraday bias in EUR/JPY remains neutral for the moment for some more consolidations above 135.72 temporary low. With 138.02 intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 13 14 04:31 GMT
Intraday bias in EUR/JPY remains neutral for the moment for some more consolidations above 135.72 temporary low. With 138.02 intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 12 14 06:10 GMT
Intraday bias in EUR/JPY remains neutral for the moment. With 138.02 intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 11 14 07:38 GMT
Intraday bias in EUR/JPY remains neutral for the moment first. With 138.02 intact, deeper decline is mildly in favor for 135.50 key support level. Decisive break there will carry larger bearish implications. Nonetheless, break of 138.02 will indicate near term reversal and turn outlook bullish for stronger rebound.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 08 14 07:39 GMT
EUR/JPY's fall extends to as low as 135.72 so far today. Intraday bias remains on the downside for 135.50 key support level. Break will carry larger bearish implications and target 131.21 support next. On the upside, break of 137.11 resistance is needed to signal 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 | Aug 07 14 07:52 GMT
EUR/JPY's breach of 136.36 support indicates that the larger fall is resuming. Intraday bias is back on the downside for 135.50 key support level. Break will carry larger bearish implications. However, as downside momentum isn't too convincing for the moment. Break of 138.20 would likely confirm near term reversal and turn outlook bullish.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 06 14 07:47 GMT
EUR/JPY's break of 137.4 minor support dampened the bullish case of near term reversal and argues that the cross hasn't bottomed yet. Intraday bias is back on the downside for 136.36 support first. Break will put focus on 135.50 key support level. On the upside, above 138.02 resistance will turn bias back to the upside for 139.27 resistance. Break will confirm completion of the choppy fall from 143.78 and will turn near term outlook bullish.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 05 14 03:06 GMT
No change in EUR/JPY's outlook. With 1372.24 minor support intact, the rebound from 136.36 short term bottom is expected to extend higher to 139.27 resistance first. Break will confirm completion of the choppy fall from 143.78 and will turn near term outlook bullish. On the downside, below 137.24 minor support will turn bias back to the downside for 135.50 key support level.
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EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 04 14 07:06 GMT
With 137.24 minor support intact, further rise is still expected in EUR/JPY. A short term bottom was formed at 136.36 a rebound from there should target 139.27 resistance first. Break will confirm completion of the choppy fall from 143.78 and will turn near term outlook bullish. On the downside, below 137.24 minor support will turn bias back to the downside for 135.50 key support level.
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EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Aug 02 14 08:32 GMT
EUR/JPY's rebound from 136.36 extended higher last week and the development indicates short term bottoming. Further rise is in favor this week as long as 137.24 minor support holds. Break of 139.27 will confirm completion of the choppy fall from 143.78 and will turn near term outlook bullish. On the downside, below 137.24 minor support will turn bias back to the downside for 135.50 key support level.
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