ActionForex.com
Feb 09 16:39 GMT
English Arabic Chinese (Simplified) French German Japanese Portuguese Spanish

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 Mid-Day Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 09 12 13:59 GMT
Intraday bias in EUR/JPY remains on the upside with 101.65 minor support intact. Current rebound from 97.03 is expected to continue towards 100% projection of 97.03 to 102.20 from 99.24 at 104.41. On the downside, below 101.65 minor support will turn bias neutral first. But near term outlook will remain cautiously bullish as long as 99.24 support holds.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 09 12 06:50 GMT
EUR/JPY's rally resumed after brief consolidations and reaches as high as 102.77 so far today. Intraday bias remains on the upside for the moment. Current rally from 97.03 is expected to continue towards 100% projection of 97.03 to 102.20 from 99.24 at 104.41. On the downside, below 101.65 minor support will turn bias neutral first. But near term outlook will remain cautiously bullish as long as 99.24 support holds.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 08 12 06:54 GMT
EUR/JPY's strong rise and break of 102.20 resistance confirmed that whole rebound from 97.03 has resumed. Intraday bias is back on the upside and current rise should extend to 100% projection of 97.03 to 102.20 from 99.24 at 104.41. On the downside, below 01.60 minor support will turn bias neutral and bring retreat. But near term outlook will remain cautiously bullish as long as 99.24 support holds.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 07 12 06:23 GMT
EUR/JPY is still bounded in range of 99.13/100.88 and intraday bias remains neutral. As noted before, above 100.88 minor resistance will indicate that retreat from 102.20 has finished. In such case, intraday bias should be flipped back to the upside to extend the rebound from 97.03 through 102.20 resistance towards falling trend line resistance (now at 105.56). Though, break of 99.13 support will indicate that such rebound is finished at 102.20 already and should flip bias back to the downside for retesting 97.03 first.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 06 12 08:25 GMT
Intraday bias in EUR/JPY remains neutral for the moment. Above 100.88 minor resistance will indicate that retreat from 102.20 has finished. In such case, intraday bias should be flipped back to the upside to extend the rebound from 97.03 through 102.20 resistance towards falling trend line resistance (now at 105.86). Though, break of 99.13 support will indicate that such rebound is finished at 102.20 already and should flip bias back to the downside for retesting 97.03 first.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 04 12 05:41 GMT
EUR/JPY's pullback from 102.20 was contained at 99.24 last week and recovered. With 99.13 minor support intact, corrective rebound from 97.03 might still continue. Above 100.88 minor resistance will flip bias back to the upside for 102.20. Break will target a test on falling rend line resistance (now at 105.86). Though, break of 99.13 support will indicate that such rebound is finished at 102.20 already and should flip bias back to the downside for retesting 102.20 first.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 03 12 06:53 GMT
Intraday bias in EUR/JPY remains neutral for the moment. With 99.13 intact, rebound from 97.03 might extend further. Above 100.88 will will flip bias back to the upside and would likely extend the rebound from 97.03 towards falling trend line resistance (now at 105.88). Though, note again that break of 99.13 will confirm that corrective rebound from 97.03 is already completed at 102.20. Deeper fall should then be seen through 97.03 low to extend the whole decline from 123.31.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 02 12 06:50 GMT
EUR/JPY's fall was contained at 99.25 and recovered. Intraday bias is neutral fort he moment. With 99.13 intact, rebound from 97.03 might extend further. Above 100.88 will will flip bias back to the upside and would likely extend the rebound from 97.03 towards falling trend line resistance (now at 106.15). Though, note again that break of 99.13 will confirm that corrective rebound from 97.03 is already completed at 102.20. Deeper fall should then be seen through 97.03 low to extend the whole decline from 123.31.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Feb 01 12 08:29 GMT
EUR/JPY's fall from 102.20 continues today and reaches as low as 99.24 so far. Focus is on 99.13 support and break there will confirmed that corrective rebound from 97.03 is already completed at 102.20. Deeper fall should then be seen through 97.03 low to extend the whole decline from 123.31. On the upside, above 100.88 minor resistance will flip bias back to the upside and would likely extend the rebound from 97.03 towards falling trend line resistance (now at 106.15).
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jan 31 12 07:22 GMT
Intraday bias in EUR/JPY remains neutral for the moment. As noted before, with 99.13 minor support intact, corrective rebound from 97.30 might extend higher. Above 100.97 will target falling trend line resistance (now at 106.19). Nonetheless, break of 99.13 will indicate completion of such rebound and should flip bias back to the downside for retesting 97.03 low instead.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jan 30 12 07:05 GMT
Intraday bias in EUR/JPY remains neutral for the moment and retreat from 102.20 temporary top could extend lower to 4 hours 55 EMA (now at 100.39) and below. Rebound from 97.03 is treated as a correction in the whole fall from 123.31. As long as 99.13 minor support holds, such rebound could extend and above 100.97 will target falling trend line resistance (now at 106.50). Nonetheless, break of 99.13 will indicate completion of such rebound and should flip bias back to the downside for retesting 97.03 low instead.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jan 28 12 06:38 GMT
EUR/JPY's rebound from 97.03 short term bottomed extended to as high as 102.20 last week before making a temporary top there and retreated. Initial bias is mildly on the downside for 4 hours 55 EMA (now at 100.51) and below. Break of 99.31 support will indicate that corrective rebound from 97.03 is finished and recent fall from 123.31 is possibly resuming for another low below 97.03. Nonetheless, before a break of 99.31, rebound from 97.03 could still extend and above 102.20 will target falling trend line resistance (now at 106.45).
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jan 27 12 04:39 GMT
EUR/JPY's break of 100.97 minor support suggests that a temporary top is in place at 102.20 and intraday bias is turned neutral. Deeper retreat might be seen back to 4 hours 55 EMA (now at 100.18). Rebound from 97.03 is treated as a correction in the whole fall from 123.31. As long as 99.13 minor support holds, such rebound could extend and above 100.97 will target falling trend line resistance (now at 106.50). Nonetheless, break of 99.13 will indicate completion of such rebound and should flip bias back to the downside for retesting 97.03 low instead.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jan 26 12 08:24 GMT
EUR/JPY's rebound from 97.30 resumed after brief retreat and reaches as high as 101.97 so far. Intraday bias is back on the upside for 102.53 resistance. The strength of the rebound from 97.03 short term bottom suggests that fall from 111.57 is already completed. Break of 102.53 resistance will confirm this case and target a test on falling trend line resistance (now at 106.52). On the downside, below 100.97 minor support will turn bias neutral and bring consolidations. But another rise will now remain mildly in favor as long as 99.13 support holds.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jan 25 12 08:50 GMT
EUR/JPY rises further to as high as 101.64 so far today and intraday bias remains on the upside for 102.53 resistance. The strength of the rebound from 97.03 short term bottom suggests that fall from 111.57 is already completed. Break of 102.53 resistance will confirm this case and target a test on falling trend line resistance (now at 106.60). On the downside, below 10.08 minor support will turn bias neutral and bring consolidations. But another rise will now remain mildly in favor as long as 99.13 support holds.
Read more...
 
EUR/JPY Mid-Day Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jan 24 12 14:51 GMT
EUR/JPY's rebound continues today and reaches as high as 100.97 so far and intraday bias remains on the upside for further rally. However, note again that there is no indication of down trend reversal yet as long as 102.53 resistance holds. That is fall from 111.57 is expected to continue. Below 99.13 minor support will flip bias back to the downside for retesting 97.03 low. However, sustained break of 102.52 will dampen this case and bring stronger rise towards upper trend line resistance (now at 106.47).
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jan 24 12 07:38 GMT
The break of 100.13 indicates that rebound from 97.03 short term bottom has resumed and intraday bias is back on the upside. However, note again that there is no indication of down trend reversal yet as long as 102.53 resistance holds. That is fall from 111.57 is expected to continue. Below 99.13 minor support will flip bias back to the downside for retesting 97.03 low.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jan 23 12 08:17 GMT
Intraday bias in EUR/JPY remains neutral for the moment and some more consolidations could be seen. But rebound from 97.03 short term bottom is in favor to continue with 98.54 minor support intact and above 100.33 will bring stronger rebound. Though, there is no indication of down trend reversal yet as long as 102.53 resistance holds. That is fall from 111.57 is expected to continue. Below 98.54 minor support will flip bias back to the downside for retesting 97.03 low.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jan 21 12 05:24 GMT
EUR/JPY formed a short term bottom at 97.03 on bullish convergence condition in 4 hours MACD and rebounded strongly. Such rise could extend further higher but as long as 102.53 resistance holds, there is no indication of reversal yet. That is, fall from 111.57 is still in favor to continue. Below 98.54 minor support will flip bias back to the downside for retesting 97.03 low.
Read more...
 
EUR/JPY Mid-Day Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Jan 20 12 12:52 GMT
EUR/JPY rises to as high as 100.33 earlier today and touched mentioned target of 38.2% retracement of 105.54 to 97.03 at 100.28 before retreating mildly. With 98.54 minor support intact, rebound from 97.03 short term bottom could extend further higher to 101.04 support turned resistance. But still, near term outlook will remain bearish as long as 102.48 support turned resistance holds and recent decline is still expected to continue. Below 98.54 minor support will flip bias back to the downside for retesting 97.03 low.
Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 19

Latest in Technical Outlook

Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

Action Insight Newsletter
ActionForex.com © 2012 All rights reserved.