Daily Pivots: (S1) 177.52; (P) 177.98; (R1) 178.63; More…

Intraday bias in EUR/JPY remains neutral as it’s still staying in range below 178.80 resistance. On the upside, decisive break of 178..80 will resume larger up trend, next target is 100% projection of 161.06 to 173.87 from 171.09 at 183.90. On the downside, below 177.19 will bring deeper fall back to 175.67 support instead.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, firm break of 174.80 support will suggests that it has turned into consolidations first. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 168.56) holds, even in case of deep pullback.

Daily Pivots: (S1) 176.76; (P) 177.18; (R1) 177.87; More…

EUR/JPY’s rebound from 175.67 extended higher but upside is capped below 178.80 resistance. Intraday bias remains neutral first. On the downside, below 176.48 minor support will turn bias to the downside to resume the fall form 178.80. Considering bearish divergence condition in D MACD (now at 175.11), sustained break of 55 D EMA will argue that EUR/JPY is correcting whole rise from 154.87. Nevertheless, decisive break of 178.80 will resume the larger up trend instead.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, firm break of 174.80 support will suggests that it has turned into consolidations first. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 168.20) holds, even in case of deep pullback.

EUR/JPY’s retreat from 178.80 extended lower last week but recovered after hitting 175.67. Initial bias stays neutral this week and risk will remain mildly on the downside as long as 178.80 resistance holds. Break of 175.67 will target 55 D EMA (now at 175.00). Considering bearish divergence condition in D MACD, sustained break of 55 D EMA will argue that EUR/JPY is correcting whole rise from 154.87, and target 169.69 cluster (38.2% retracement of 154.77 to 178.80 at 169.69). Nevertheless, firm break of 178.80 will resume the long term up trend.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, firm break of 174.80 support will suggests that it has turned into consolidations first. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 168.20) holds, even in case of deep pullback.

In the long term picture, up trend from 94.11 (2021 low) is in progress. Next target is 138.2% projection of 94.11 to 149.76 (2014 high) from 114.42 (2020 low) at 191.32. This will remain the favored case as long as 154.77 support holds.

Daily Pivots: (S1) 176.30; (P) 176.76; (R1) 177.24; More…

Intraday bias in EUR/JPY remains neutral at this point. Risk will stay on the downside as long as 178.80 short term top holds. Below 175.67 will target 55 D EMA (now at 174.99). Sustained break there will should confirm that EUR/JPY is correcting whole rise from 154.87, and target 169.69 cluster (38.2% retracement of 154.77 to 178.80 at 169.69).

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 174.80 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.87) holds, even in case of deep pullback.

Daily Pivots: (S1) 176.17; (P) 176.65; (R1) 177.61; More…

Intraday bias in EUR/JPY is turned neutral first with current recovery. But risk will stay on the downside as long as 178.80 short term top holds. Below 175.67 will target 55 D EMA (now at 174.76). Sustained break there will should confirm that EUR/JPY is correcting whole rise from 154.87, and target 169.69 cluster (38.2% retracement of 154.77 to 178.80 at 169.69.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 174.80 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.87) holds, even in case of deep pullback.

Daily Pivots: (S1) 175.77; (P) 176.75; (R1) 177.41; More…

EUR/JPY’s fall extended through 176.60 support. Considering bearish divergence condition in D MACD fall from 1780.80 short term top could be correcting whole rise from 154.77. Intraday bias is now on the downside for 55 D EMA (now at 174.76). Sustained break there will solidify this case and target 169.69 cluster (38.2% retracement of 154.77 to 178.80 at 169.69. Risk will stay on the downside as long as 178.80 resistance holds, in case of recovery.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 174.80 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.87) holds, even in case of deep pullback.

Daily Pivots: (S1) 177.27; (P) 177.63; (R1) 178.01; More…

Intraday bias in EUR/JPY remains neutral and further rise is expected with 174.80 support intact. On the upside, break of 178.80 will extend the up trend to 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. However, considering bearish divergence condition in 4H MACD, firm break of 176.60 will confirm short term topping, and bring deeper correction to 174.80 support instead.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.87) holds, even in case of deep pullback.

Daily Pivots: (S1) 177.27; (P) 177.92; (R1) 178.38; More…

Intraday bias in EUR/JPY remains neutral and more consolidations could be seen below 178.80. Downside of pullback should be contained above 174.80 support. On the upside, break of 178.80 will extend the up trend to 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. However, considering bearish divergence condition in 4H MACD, firm break of 176.60 will bring deeper correction to 174.80 support instead.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.87) holds, even in case of deep pullback.

EUR/JPY’s up trend resumed last week but retreated after hitting 178.80. Initial bias is turned neutral this week for consolidations. Downside of pullback should be contained above 174.80 support. On the upside, break of 178.80 will extend the up trend to 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.87) holds, even in case of deep pullback.

In the long term picture, up trend from 94.11 (2021 low) is in progress. Next target is 138.2% projection of 94.11 to 149.76 (2014 high) from 114.42 (2020 low) at 191.32. This will remain the favored case as long as 154.77 support holds.

Daily Pivots: (S1) 177.14; (P) 177.98; (R1) 179.14; More…

Intraday bias in EUR/JPY stays on the upside for the moment. Current up trend should target 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. On the downside, below 176.60 will turn bias neutral again. But overall outlook will remain bullish as long as 174.80 support holds, in case of retreat.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.87) holds, even in case of deep pullback.

Daily Pivots: (S1) 176.67; (P) 177.14; (R1) 177.64; More…

EUR/JPY’s rally resumed after brief consolidations and intraday bias is back on the upside. Current up trend should target 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. On the downside, below 176.60 will turn bias neutral again. But overall outlook will remain bullish as long as 174.80 support holds, in case of retreat.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.87) holds, even in case of deep pullback.

Daily Pivots: (S1) 176.81; (P) 177.44; (R1) 177.89; More…

Intraday bias in EUR/JPY remains neutral and more consolidations could be seen below 178.21. Downside should be contained well above 174.80 to bring another rally. On the upside, break of 178.21 will resume larger up trend to 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.87) holds, even in case of deep pullback.

Daily Pivots: (S1) 177.70; (P) 177.96; (R1) 178.30; More…

Intraday bias in EUR/JPY is turned neutral first with current retreat. Some consolidations would be seen below 178.21 temporary top, but downside should be contained well above 174.80 to bring another rally. ON the upside, break of 178.21 will resume larger up trend to 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.87) holds, even in case of deep pullback.

Daily Pivots: (S1) 177.37; (P) 177.60; (R1) 178.00; More…

EUR/JPY’s break of 177.91 resistance confirms resumption of larger up trend. Intraday bias stays on the upside for 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. On the downside, below 177.28 minor support will turn bias neutral for consolidations. But pullback should be contained above 174.80 support.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.87) holds, even in case of deep pullback.

EUR/JPY’s extended rebound last week suggests that pullback from 177.91 has completed at 174.80 already. Initial bias stays on the upside this week. Firm break of 177.91 will confirm larger up trend resumption, and target 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. On the downside, though, below 176.58 will turn bias to the downside and extend the corrective pattern form 177.91 with another falling leg.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.16) holds, even in case of deep pullback.

In the long term picture, up trend from 94.11 (2021 low) is in progress. Next target is 138.2% projection of 94.11 to 149.76 (2014 high) from 114.42 (2020 low) at 191.32. This will remain the favored case as long as 154.77 support holds.

Daily Pivots: (S1) 176.58; (P) 177.01; (R1) 177.72; More…

Intraday bias in EUR/JPY remains on the upside for retesting 177.91. Firm break there will resume larger up trend to 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. For now, risk will stay on the upside as long as 174.80 support holds, in case of retreat.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.43) holds, even in case of deep pullback.

Daily Pivots: (S1) 175.97; (P) 176.21; (R1) 176.64; More…

EUR/JPY’s break of 176.44 minor resistance suggests that pullback from 177.91 has completed. Intraday bias is back on the upside for retesting 177.91. Firm break there will resume larger up trend to 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. For now, risk will stay on the upside as long as 174.80 support holds, in case of retreat.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.43) holds, even in case of deep pullback.

Daily Pivots: (S1) 175.51; (P) 176.07; (R1) 176.78; More…

Intraday bias in EUR/JPY stays neutral first. On the upside, break of 176.44 resistance will suggest that pullback from 177.91 has completed, and bring retest of this high. Further break of 177.91 will resume larger up trend to 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. However, break of 174.80 and sustained trading below 175.03 resistance turned support will indicate that it’s already in a larger scale correction, and target 172.24 support.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.43) holds, even in case of deep pullback.

Daily Pivots: (S1) 175.07; (P) 175.72; (R1) 176.19; More…

No change in EUR/JPY’s outlook and intraday bias stays neutral. On the upside, break of 176.44 resistance will suggest that pullback from 177.91 has completed, and bring retest of this high. Further break of 177.91 will resume larger up trend to 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. However, break of 174.80 and sustained trading below 175.03 resistance turned support will indicate that it’s already in a larger scale correction, and target 172.24 support.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.43) holds, even in case of deep pullback.

Daily Pivots: (S1) 174.91; (P) 175.44; (R1) 176.06; More…

Intraday bias in EUR/JPY remains neutral for the moment. On the upside, break of 176.44 resistance will suggest that pullback from 177.91 has completed, and bring retest of this high. Further break of 177.91 will resume larger up trend to 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. However, break of 174.80 and sustained trading below 175.03 resistance turned support will indicate that it’s already in a larger scale correction, and target 172.24 support.

In the bigger picture, up trend from 114.42 (2020 low) is in progress and should target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. Firm break of 172.24 support will suggests that it has turned into consolidations again. But still, outlook will continue to stay bullish as long as 55 W EMA (now at 167.43) holds, even in case of deep pullback.