Daily Pivots: (S1) 174.51; (P) 174.73; (R1) 174.96; More…

Intraday bias in EUR/JPY remains on the upside for retesting 175.41 high. Decisive break there will resume larger up trend. On the downside, however, firm break of 173.88 resistance turned support will turn bias back to the downside for deeper pullback to 172.11 support instead.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 (2022 low) to 175.41 from 154.77 (2025 low) at 186.31. However, sustained break of 169.69 support will delay this bullish case, and probably extend the correction from 175.41 with another fall.

Daily Pivots: (S1) 174.40; (P) 174.60; (R1) 174.98; More…

EUR/JPY’s rally continues today and intraday bias stays on the upside for retesting 175.41 high. Decisive break there will resume larger up trend. On the downside, however, firm break of 173.88 resistance turned support will turn bias back to the downside for deeper pullback to 172.11 support instead.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 (2022 low) to 175.41 from 154.77 (2025 low) at 186.31. However, sustained break of 169.69 support will delay this bullish case, and probably extend the correction from 175.41 with another fall.

Daily Pivots: (S1) 174.04; (P) 174.38; (R1) 174.80; More…

Intraday bias in EUR/JPY is back on the upside with break of 174.48 temporary top. Further rise should be seen to retest 175.41 high. Decisive break there will resume larger up trend. However, firm break of 173.45 will turn bias back to the downside for deeper pullback to 172.11 support instead.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 (2022 low) to 175.41 from 154.77 (2025 low) at 186.31. However, sustained break of 169.69 support will delay this bullish case, and probably extend the correction from 175.41 with another fall.

Daily Pivots: (S1) 173.91; (P) 174.15; (R1) 174.61; More…

Intraday bias in EUR/JPY stays neutral and more consolidations could be seen. Further rise is expected as long as 173.45 minor support holds. Above 174.48 will target a retest on 175.41 high. However, firm break of 173.45 will turn bias back to the downside for deeper pullback to 172.11 support instead.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 (2022 low) to 175.41 from 154.77 (2025 low) at 186.31. However, sustained break of 169.69 support will delay this bullish case, and probably extend the correction from 175.41 with another fall.

Daily Pivots: (S1) 173.33; (P) 173.92; (R1) 174.36; More…

Intraday bias in EUR/JPY remains neutral and more consolidations could be seen below 174.48. But outlook will stay bullish as long as 172.11 support holds. Above 174.48 will target a retest on 175.41 high. However, firm break of 172.11 support will confirm short term topping, and turn bias back to the downside for deeper pullback.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 (2022 low) to 175.41 from 154.77 (2025 low) at 186.31. However, sustained break of 169.69 support will delay this bullish case, and probably extend the correction from 175.41 with another fall.

EUR/JPY’s rally resumed by breaking through 173.77/8 resistance but lost momentum again after hitting 174.48. Initial bias remains neutral this week for more consolidations. Outlook will stay bullish as long as 172.11 support holds. Above 174.48 will target a retest on 175.41 high. However, firm break of 172.11 support will confirm short term topping, and turn bias back to the downside for deeper pullback.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 (2022 low) to 175.41 from 154.77 (2025 low) at 186.31. However, sustained break of 169.69 support will delay this bullish case, and probably extend the correction from 175.41 with another fall.

In the long term picture, up trend from 94.11 (2021 low) is still in progress. On resumption, next target is 138.2% projection of 94.11 to 149.76 (2014 high) from 114.42 (2020 low) at 191.32.

Daily Pivots: (S1) 173.76; (P) 174.11; (R1) 174.80; More…

Intraday bias in EUR/JPY is turned neutral with current retreat, and some consolidations would be seen below 174.48. Further rise is expected as long as 172.11 support holds. Above 174.48 will resume larger rise from 154.77 to retest 175.41 high. However, firm break of 172.11 support will confirm short term topping, and turn bias back to the downside for deeper pullback.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 169.69 support will delay this bullish case, and probably extend the correction from 175.41 with another fall.

Daily Pivots: (S1) 173.19; (P) 173.52; (R1) 173.95; More…

Intraday bias in EUR/JPY is back on the upside with break of 173.87/88 resistance. Rise from 154.77 is resuming and should target a retest on 175.41 high. On the downside, below 173.07 minor support will turn intraday bias neutral again first.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 169.69 support will delay this bullish case, and probably extend the correction from 175.41 with another fall.

Daily Pivots: (S1) 173.25; (P) 173.55; (R1) 174.07; More…

EUR/JPY is staying in range below 173.88 and intraday bias stays neutral. On the upside, decisive break of 173.87/8 will resume the rally from 154.77 to retest 175.41 high. However, break of 172.11 will extend the corrective pattern from 173.87 with another fall. Bias will be back to the downside for 171.09 support first.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 38.2% retracement of 161.06 to 173.87 at 168.97 will delay this bullish case, and probably extend the correction from 175.41 with another fall.

Daily Pivots: (S1) 172.70; (P) 173.07; (R1) 173.65; More…

Intraday bias in EUR/JPY remains neutral and further rise is in favor as long as 172.11 support holds. On the upside, firm break of 173.87/8 will resume the rally from 154.77 to retest 175.41 high. However, break of 172.11 will extend the corrective pattern from 173.87 with another fall. Bias will be back to the downside for 171.09 support first.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 38.2% retracement of 161.06 to 173.87 at 168.97 will delay this bullish case, and probably extend the correction from 175.41 with another fall.

Daily Pivots: (S1) 172.70; (P) 173.07; (R1) 173.65; More…

Intraday bias in EUR/JPY remains neutral for consolidations below 173.87/88. Further rise is in favor as long as 172.11 support holds. On the upside, firm break of 173.87/8 will resume the rally from 154.77 to retest 175.41 high. However, break of 172.11 will extend the corrective pattern from 173.87 with another fall. Bias will be back to the downside for 171.09 support first.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 38.2% retracement of 161.06 to 173.87 at 168.97 will delay this bullish case, and probably extend the correction from 175.41 with another fall.

EUR/JPY edged higher to 173.88 last week, but was rejected by 173.87 resistance and retreated. Initial bias stays neutral this week first. On the upside, firm break of 173.87/8 will resume the rally from 154.77 to retest 175.41 high. However, break of 172.11 will extend the corrective pattern from 173.87 with another fall. Bias will be back to the downside for 171.09 support first.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 38.2% retracement of 161.06 to 173.87 at 168.97 will delay this bullish case, and probably extend the correction from 175.41 with another fall.

In the long term picture, up trend from 94.11 (2021 low) is still in progress. On resumption, next target is 138.2% projection of 94.11 to 149.76 (2014 high) from 114.42 (2020 low) at 191.32.

Daily Pivots: (S1) 172.31; (P) 172.69; (R1) 173.17; More…

Intraday bias in EUR/JPY is turned neutral first will current recovery. On the upside, decisive break of 173.87/8 will resume larger rise from 154.77 to retest 175.41 high. On the downside, break of 172.11 will extend the corrective pattern from 173.87 with another leg, and target 171.09 support and below.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 38.2% retracement of 161.06 to 173.87 at 168.97 will delay this bullish case, and probably extend the correction from 175.41 with another fall.

Daily Pivots: (S1) 172.19; (P) 172.56; (R1) 172.83; More…

EUR/JPY’s fall from 173.88 is currently seen as the third leg of the corrective pattern from 173.87. Intraday bias is mildly on the downside for 171.09 support. Break there will target 169.69. Nevertheless, decisive break of 173.87/8 will resume larger rise from 154.77 to retest 175.41 high.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 38.2% retracement of 161.06 to 173.87 at 168.97 will delay this bullish case, and probably extend the correction from 175.41 with another fall.

Daily Pivots: (S1) 171.98; (P) 172.76; (R1) 173.40; More…

Break of 172.47 support suggests rejection by 173.87 resistance. Intraday bias is back on the downside in EUR/JPY. Corrective pattern from 173.87 is possibly extending with the third leg. Deeper fall would be seen to 171.09 support next. Break there will target 169.69.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 38.2% retracement of 161.06 to 173.87 at 168.97 will delay this bullish case, and probably extend the correction from 175.41 with another fall.

Daily Pivots: (S1) 173.10; (P) 173.50; (R1) 173.94; More…

EUR/JPY failed to break through 173.87 resistance decisively and retreated. Intraday bias is turned neutral first. Some consolidations could be seen first. On the upside, firm break of 173.87 will resume larger rise to retest 175.41 key resistance. On the downside, though, break of 172.47 support will extend the corrective pattern from 173.87 with another falling leg, before rally resumption.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 38.2% retracement of 161.06 to 173.87 at 168.97 will delay this bullish case, and probably extend the correction from 175.41 with another fall.

Daily Pivots: (S1) 172.39; (P) 172.83; (R1) 173.17; More…

EUR/JPY’s rally resumed after brief consolidations and intraday bias is back on the upside. Firm break of 173.87 will resume larger rise to retest 175.41 key resistance. On the downside, though, break of 172.47 support will extend the corrective pattern from 173.87 with another falling leg, before rally resumption.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 38.2% retracement of 161.06 to 173.87 at 168.97 will delay this bullish case, and probably extend the correction from 175.41 with another fall.

EUR/JPY’s rise from 169.69 resumed last week but retreated again after hitting 173.39. Initial bias is neutral this week, and further rise is in favor. Above 173.39 will target a retest on 173.87. Firm break there will resume larger up rise to retest 175.41 key resistance. However, break of 171.09 will extend the corrective pattern from 173.87 with another leg towards 169.69 again.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 38.2% retracement of 161.06 to 173.87 at 168.97 will delay this bullish case, and probably extend the correction from 175.41 with another fall.

In the long term picture, up trend from 94.11 (2021 low) is still in progress. On resumption, next target is 138.2% projection of 94.11 to 149.76 (2014 high) from 114.42 (2020 low) at 191.32.

Daily Pivots: (S1) 172.55; (P) 172.88; (R1) 173.31; More…

Further rise remains mildly in favor in EUR/JPY for retesting 173.87 high. Decisive break there will resume larger rally from 154.77, and target a retest on 175.41 key resistance. On the downside, however, break of 171.09 will turn bias to the downside for 169.69 support, and possibly below.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 38.2% retracement of 161.06 to 173.87 at 168.97 will delay this bullish case, and probably extend the correction from 175.41 with another fall.

Daily Pivots: (S1) 172.40; (P) 172.85; (R1) 173.19; More…

Intraday bias in EUR/JPY stays mildly on the upside for retesting 173.87 high. Decisive break there will resume larger rally from 154.77, and target a retest on 175.41 key resistance. On the downside, however, break of 171.09 will turn bias to the downside for 169.69 support, and possibly below.

In the bigger picture, current rally from 154.77 is still tentatively seen as resuming the larger up trend. Firm break of 175.41 (2024 high) will confirm and target 61.8% projection of 124.37 to 175.41 from 154.77 at 186.31. However, sustained break of 38.2% retracement of 161.06 to 173.87 at 168.97 will delay this bullish case, and probably extend the correction from 175.41 with another fall.