ActionForex.com
Apr 29 17:50 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 28 16 07:20 GMT
The sharp fall from 126.64 suggests that rebound from 121.70 has completed More importantly, with 128.21 resistance intact, larger down trend isn't completed yet. Intraday bias is back on the downside for retesting 121.70 first. Break will target next projection level at 117.37..
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 27 16 09:08 GMT
Intraday bias in EUR/JPY remains mildly on the upside for the moment. It should be noted that bullish convergence condition is seen in daily MACD. But there is no confirmation of trend reversal yet. And fall from 140.04, as well as the down trend from 149.76, are still in favor to extend lower. Below 123.35 minor support will turn bias back to the downside. Break of 121.70 will target next projection level at 117.37.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 26 16 03:48 GMT
Intraday bias in EUR/JPY remains mildly on the upside for the moment. It should be noted that bullish convergence condition is seen in daily MACD. But there is no confirmation of trend reversal yet. And fall from 140.04, as well as the down trend from 149.76, are still in favor to extend lower. Below 123.35 minor support will turn bias back to the downside. Break of 121.70 will target next projection level at 117.37.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 25 16 09:21 GMT
Intraday bias in EUR/JPY remains mildly on the upside for the moment. It should be noted that bullish convergence condition is seen in daily MACD. But there is no confirmation of trend reversal yet. And fall from 140.04, as well as the down trend from 149.76, are still in favor to extend lower. Below 123.35 minor support will turn bias back to the downside. Break of 121.70 will target next projection level at 117.37.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 23 16 14:16 GMT
EUR/JPY dipped to 121.70 last week but recovered strongly. Initial bias is mildly on the upside this week for recovery. It should be noted that bullish convergence condition is seen in daily MACD. But there is no confirmation of trend reversal yet. And fall from 140.04, as well as the down trend from 149.76, are still in favor to extend lower. Below 123.35 minor support will turn bias back to the downside. Break of 121.70 will target next projection level at 117.37.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 21 16 03:12 GMT
A short term bottom was formed at 121.70 and rebound from there is extend to 55 days EMA (now at 125.78). There is no clear sign of trend reversal yet and thus, we'd be cautious on strong resistance above there to limit upside. Meanwhile, break of 121.70 will extend the larger down trend to next projection level at 117.37.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 20 16 07:39 GMT
Break of 124.22 minor resistance argues that fall from 128.21 has completed at 121.70, where a short term bottom is formed. Intraday bias is mildly on the upside for rebound towards 55 days EMA (now at 125.92). There is no clear sign of trend reversal yet and thus, we'd be cautious on strong resistance above there to limit upside. Meanwhile, break of 121.70 will extend the larger down trend to next projection level at 117.37.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 19 16 03:47 GMT
With 124.33 resistance intact, outlook in EUR/JPY stays bearish. Recent down trend should target next projection level at 117.37. Though, break of 124.22 will indicate short term bottoming and turn focus back to 128.21 resistance.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 18 16 04:00 GMT
EUR/JPY's sharp fall today and break of 122.06 low confirm resumption of recent down trend from 149.76. Intraday bias is back on the downside for next projection level at 117.37. On the upside, break of 124.22 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 17 16 02:32 GMT
EUR/JPY stayed in sideway trading above 122.53 temporary low last week and outlook is unchanged. Corrective rise from 122.06 should have completed at 128.21 already and down trend from 149.76 is ready to resume. Break of 122.06 low will confirm this bearish case and target next projection level at 117.37. Break of 124.66 will extend the consolidation from 122.06 with another rise. In that case, we'd expect strong resistance from 61.8% retracement of 132.36 to 122.06 at 128.42 to limit upside and bring down trend resumption eventually.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 15 16 03:42 GMT
Intraday bias in EUR/JPY remains neutral for some consolidations. We're favoring the case that correction from 122.06 has completed at 128.21 already and down trend from 149.76 is ready to resume. Break of 122.06 will confirm this bearish case and target next projection level at 117.37. Break of 124.66 will extend the consolidation from 122.06 with another rise. In that case, we'd expect strong resistance from 61.8% retracement of 132.36 to 122.06 at 128.42 to limit upside and bring down trend resumption eventually.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 14 16 06:56 GMT
Intraday bias in EUR/JPY remains neutral for some consolidations first. We're favoring the case that correction from 122.06 has completed at 128.21 already and down trend from 149.76 is ready to resume. Break of 122.06 will confirm this bearish case and target next projection level at 117.37. Break of 124.66 will extend the consolidation from 122.06 with another rise. In that case, we'd expect strong resistance from 61.8% retracement of 132.36 to 122.06 at 128.42 to limit upside and bring down trend resumption eventually.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 13 16 10:00 GMT
Intraday bias in EUR/JPY remains neutral for some consolidations first. We're favoring the case that correction from 122.06 has completed at 128.21 already and down trend from 149.76 is ready to resume. Break of 122.06 will confirm this bearish case and target next projection level at 117.37. Break of 124.66 will extend the consolidation from 122.06 with another rise. In that case, we'd expect strong resistance from 61.8% retracement of 132.36 to 122.06 at 128.42 to limit upside and bring down trend resumption eventually.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 12 16 04:25 GMT
Intraday bias in EUR/JPY remains neutral for some consolidations first. We're favoring the case that correction from 122.06 has completed at 128.21 already and down trend from 149.76 is ready to resume. Break of 122.06 will confirm this bearish case and target next projection level at 117.37. Break of 124.66 will extend the consolidation from 122.06 with another rise. In that case, we'd expect strong resistance from 61.8% retracement of 132.36 to 122.06 at 128.42 to limit upside and bring down trend resumption eventually.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 11 16 03:09 GMT
Intraday bias in EUR/JPY is neutral for some consolidations first. We're favoring the case that correction from 122.06 has completed at 128.21 already and down trend from 149.76 is ready to resume. Break of 122.06 will confirm this bearish case and target next projection level at 117.37. Break of 124.66 will extend the consolidation from 122.06 with another rise. In that case, we'd expect strong resistance from 61.8% retracement of 132.36 to 122.06 at 128.42 to limit upside and bring down trend resumption eventually.
Read more...
 
EUR/JPY Weekly Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 09 16 07:46 GMT
EUR/JPY dropped to as low as 122.53 last week but formed a temporary low ahead of 122.06 support and recovered. Initial bias is neutral this week first. We're favoring the case that correction from 122.06 has completed at 128.21 already and down trend from 149.76 is ready to resume. Break of 122.06 will confirm this bearish case and target next projection level at 117.37. Break of 124.66 will extend the consolidation from 122.06 with another rise. In that case, we'd expect strong resistance from 61.8% retracement of 132.36 to 122.06 at 128.42 to limit upside and bring down trend resumption eventually.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 08 16 09:43 GMT
A temporary low is in place at 122.53 and intraday bias is turned neutral first. We're favoring the case that corrective rise from 122.06 is finished at 128.21 and deeper fall is expected. Break of 122.06 will confirm this bearish case and resume larger fall from 149.79 to next projection level at 117.37. Break of 124.66 will extend the consolidation from 122.06 with another rise. In that case, we'd expect strong resistance from 61.8% retracement of 132.36 to 122.06 at 128.42 to limit upside and bring down trend resumption eventually.
Read more...
 
EUR/JPY Mid-Day Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 07 16 13:20 GMT
EUR/JPY dives further to as low as 122.71 so far and intraday bias remains on the downside for 122.06 support. Break will resume larger fall from 149.79 and target next projection level at 117.37. On the upside, above 124.20 minor resistance will turn bias neutral and might extend the consolidation pattern from 122.06. In that case, we'd expect strong resistance from 61.8% retracement of 132.36 to 122.06 at 128.42 to limit upside and bring down trend resumption eventually.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 07 16 03:52 GMT
EUR/JPY's fall continues today and break of 124.66 support confirms completion of corrective rise from 122.06 at 128.21. Intraday bias stays on the downside for 122.06 low first. Break will resume larger fall from 149.79 and target next projection level at 117.37. On the upside, above 125.83 minor resistance will turn bias neutral and might extend the consolidation pattern from 122.06. In that case, we'd expect strong resistance from 61.8% retracement of 132.36 to 122.06 at 128.42 to limit upside and bring down trend resumption eventually.
Read more...
 
EUR/JPY Daily Outlook Print E-mail
EURJPY Outlook | Written by ActionForex.com | Apr 06 16 10:26 GMT
The firm break of near term rising channel suggests that the corrective rise from 122.06 has completed at 128.21 already, ahead of 61.8% retracement of 132.36 to 122.06 at 128.42. Intraday bias is mildly on the downside for 124.66 support first. Break will confirm this case and should target 122.06 low.
Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 49

Latest in Technical Outlook

Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

Action Insight Newsletter
ActionForex.com © 2016 All rights reserved.