EUR/JPY Forex Forecasts - Forex Trading Forecasts

EUR/JPY (Euro/Japanese Yen) currency pair is volatile enough; therefore forecasting its fluctuations is a difficult task. Usually the rate is unstable and to a big extend depends on how big are the investors' risk appetites. This pair is popular with investors practicing carry trades, and most often it grows when the yen is converted into the borrowing currency. EURJPY forecasts for today, tomorrow and for a week that are featured in this section are the result of analysis of a vast amount of analytical data, that is, of technical, fundamental, complex and waves prognoses. No doubt, getting acknowledged with the forecasts makes successful trading more realistic.

XM
24 Nov, 2020   XMEURJPY range bound; positive sentiment improves

EURJPY is currently trading between the 50- and 100-day simple moving averages (SMAs) after forming a fresh low at 122.83. The pair seems to be stuck between...

XM
10 Nov, 2020   XMEURJPY shifts sideways as resistance ceiling blocks gains

EURJPY was overwhelmed by buying interest yesterday that thrusted the pair back above the 100- and 50-day simple moving averages (SMAs). Yet, advances...

XM
29 Oct, 2020   XMEURJPY heads towards 3-month low again

EURJPY reached a fresh three-month low of 122.16 on Wednesday, continuing the sell-off in the short-and medium-term timeframes. The RSI indicator...

XM
13 Oct, 2020   XMEURJPY loses some momentum above 23.6% Fibo

EURJPY has come under renewed selling interest, falling back below the 40-day simple moving average (SMA) and near the 23.6% Fibonacci retracement...

Alpari
8 Oct, 2020   AlpariEURUSD: bulls zero in on 1.18

The EURUSD pair traded to the upside on Wednesday, October 7. The euro gained 0.23% against the US dollar to close at 1.1760. Buyers pared 60% of the drop from...

XM
6 Oct, 2020   XMEURJPY rallies above 124.00; retests bearish trend reversal pattern

EURJPY had a constructive day on Monday, bouncing sharply back into the 124.00 area until it met strong resistance around the 50-day simple moving average (SMA)...


XM
29 Sep, 2020   XMEURJPY bounces off 2-month lows

EURJPY is looking for a rebound after confirming a bearish trend reversal pattern and diving as low as 122.36, the weakest price in two months. The RSI and the Stochastics...

XM
22 Sep, 2020   XMEURJPY plunges to fresh 2-month low

EURJPY has been tumbling over the last couple of days, posting a fresh two-month low of 122.51. The 20- and 40-day simple moving averages (SMAs) are creating...

XM
15 Sep, 2020   XMEURJPY sets up a trend reversal pattern after peak at 127.00

EURJPY is eying the formation of a potential bearish head and shoulder pattern, with a head at 127.06 and a neckline around 124.40, hinting that the rally...

OctaFX
14 Sep, 2020   OctaFXMildly offered inside a triangle above 100-HMA

EUR/JPY fails to keep the upside break of short-term key moving average. Lows marked around 125.30 add to the support. Bulls need confirmation...

XM
9 Sep, 2020   XMEUR/JPY: The 124.40 region holds the initial test

EUR/JPY extends the leg lower to the key support near 124.40. Immediately to the downside now emerges the 55-day SMA near 123.80. EUR/JPY accelerated...

XM
3 Sep, 2020   XMEURJPY on a slippery slope

EURJPY had a bearish start on Thursday, with the price breaking the lower surface of the Ichimoku cloud. The pair has also increased distance below their...


OctaFX
2 Sep, 2020   OctaFXSigns of uptrend exhaustion on D1

EUR/JPY looks south, having created an inverted hammer on Tuesday. The pair risks falling to a multi-month long rising trendline support. EUR/JPY is trading in a sideways...

XM
25 Aug, 2020   XMEURJPY stays bullish despite retreat from 16-month high

EURJPY managed to preserve its strongly bullish bearing after finding a foothold at the rising blue Kijun-sen line around 124.42. The pullback from the 126.80 peak...

XM
18 Aug, 2020   XMEURJPY decreases but the outlook is strongly bullish

EURJPY completed two consecutive negative days after it challenged a fresh 16-month high of 126.74 in the previous week. The steep upside movement is still in place...

XM
13 Aug, 2020   XMEURJPY rescued by Ichimoku cloud

EURJPY is tackling the fresh near 16-month high of 126.20 after a recent bounce on the cloud's upper surface repowered the positive incline. The Ichimoku...

XM
11 Aug, 2020   XMEURJPY retreats beneath 16-month high

EURJPY has been underperforming in the past two days, testing the red Tenkan-sen line. When looking at the bigger picture the pair has been in a clear...

XM
4 Aug, 2020   XMEURJPY bulls battling against 200-weekly SMA

EURJPY had another constructive week thanks to the ascending trendline that provided strong protection against downside pressures, helping the price to rally...


OctaFX
31 Jul, 2020   OctaFXEUR/JPY targets the 200-week moving average at 124.80

EUR/JPY is trading around the 1.24 level and though Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, sees the pair marching...

XM
28 Jul, 2020   XMEURJPY bulls look exhausted, but the trendline is still intact

EURJPY has been struggling to retain strength above the 123.75 resistance area over the past three days, and therefore unable to touch the...

OctaFX
27 Jul, 2020   OctaFXDecent support emerged near 122.90

EUR/JPY stays on the defensive but managed to regain 123.00. The key support area around 122.90 holds the downside so far...


XM
21 Jul, 2020   XMEURJPY ticks up near 6-week high below 123.00

EURJPY is extending its upward six-week rally near the 123.00 handle. The price is standing above the 23.6% Fibonacci retracement level of the up leg...

XM
16 Jul, 2020   XMEURJPY rises above uptrend line in short term

EURJPY has been in an ascending move since June 19 in the short-term, surpassing the 23.6% Fibonacci retracement level of the up leg from 114.40...

XM
14 Jul, 2020   XMEURJPY advances eyeballed; positive momentum suspended

EURJPY is struggling to overcome the region around the 122.00 mark in spite of assisting positive signals. The recent progress from the 200-day simple moving...


XM
9 Jul, 2020   XMEURJPY pauses its rise in an upward sloping channel

EURJPY has been developing within an upward sloping channel over the last couple of weeks, surpassing the simple moving averages (SMAs)...

FXTM
2 Mar, 2020   FXTMEURJPY: Sellers in control, a retrospective discussion

On February 17 a situation was deliberated where the EURJPY currency pair was in the early stage of a new downtrend...

FXTM
17 Feb, 2020   FXTMEURJPY Daily: Sellers in control

The EURJPY currency pair, on the D1 time-frame, was in an uptrend until January 16 when a higher top was recorded at 122.872. Supply overwhelmed...


FxPro
10 Jan, 2018   FxProYen Continues to Extend Gains

After yesterday’s surprise move by the Bank of Japan to reduce bond purchases, the Yen has continued its move against other currencies. GBPJPY...

Fort Financial Services
30 Oct, 2017   Fort Financial ServicesEuro boosted EUR/JPY to fresh lows

Fresh selling pressure around the euro boosted EUR/JPY to fresh lows. The pair sharply fell on Thursday and broke through a bunch of level. Sellers dragged...

HYCM
6 Jun, 2017   HYCMAbnormal EUR/JPY move

EUR/JPY ADX(14) has just crossed above the key level 50, emerging from the low 30 levels in the previous session...


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24 Nov, 2020   XMEURJPY range bound; positive sentiment improves

EURJPY is currently trading between the 50- and 100-day simple moving averages (SMAs) after forming a fresh low at 122.83. The pair seems to be stuck between...

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