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EUR/JPY Forecast - Page 2


EUR/JPY steadies near 133.20
EUR/JPY steadies near 133.20

EUR/JPY seeks fresh impetus from EU leaders summit and NATO meeting. EU leaders are mixed on the embargo on Russian oil. Europe’s higher dependency...

24 Mar 2022Octa

EUR/JPY: Extra decline could extend to 127.50
EUR/JPY: Extra decline could extend to 127.50

EUR/JPY breaches 128.00 to record new 2022 lows. Further down now comes the December 2021 low near 127.50. EUR/JPY adds to Wednesday...

24 Feb 2022Octa

EUR/JPY H4: Bears are starting to gather
EUR/JPY H4: Bears are starting to gather

The EURJPY currency pair on the H4 time frame has been in a strong bullish trend that lasted until 7 February, when a last higher top was recorded at 132.124...

8 Feb 2022FXTM

EURJPY H4: Can the bears pull this one off
EURJPY H4: Can the bears pull this one off

The EURJPY on the H4 time frame had an extremely long and powerful bullish trend that was finally broken when a lower top was recorded on 10 January at 131.360...

11 Jan 2022FXTM

Mildly offered below 129.00 after ECB, BOJ plays are over, for now
Mildly offered below 129.00 after ECB, BOJ plays are over, for now

EUR/JPY remains pressured after failing to keep the ECB-led gains, down 0.09% intraday on Bank of Japan’s (BOJ) inaction during early Friday. That said, the BOJ matches...

20 Dec 2021Octa

EUR/JPY is now going down
EUR/JPY is now going down

Statistics reported yesterday revealed a rise in job creation in the eurozone, while the GDP data showed a steady improvement in the eurozone economy in third...

17 Nov 2021FxGlory

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EUR/JPY: Bears look to 130.20/50 price targets
EUR/JPY: Bears look to 130.20/50 price targets

EUR/JPY bearish confluences point to an imminent downside correction. EUR/JPY bears are looking for an optimal entry point. EUR/JPY has rallied as the Yen takes up...

13 Oct 2021Octa

EUR/JPY climbs to 2-day highs around 129.30 ahead of Payrolls
EUR/JPY climbs to 2-day highs around 129.30 ahead of Payrolls

EUR/JPY moves to daily highs past the 129.00 mark. Higher yields bolster the selling bias in the Japanese yen. US Nonfarm Payrolls will take centre stage later in the NA session...

8 Oct 2021FXCM

Initial support emerged near 128.00
Initial support emerged near 128.00

EUR/JPY reverses the recent weakness and rebounds to 128.50. Key contention area remains around the 128.00 zone. EUR/JPY reverses five straight days with losses...

21 Sep 2021Octa

Bears seek break below 128.50
Bears seek break below 128.50

EUR/JPY is running into resistance and eyes are on the downside. A weekly bearish continuation will be on the cards if the price breaks W-formaiton neckline...

25 Aug 2021Octa

EUR/JPY faces initial resistance at 131.08/36
EUR/JPY faces initial resistance at 131.08/36

Karen Jones, Team Head FICC Technical Analysis Research, noted that EUR/JPY is expected to meet initial resistance at 131.08 ahead of 131.36. No change...

29 Jul 2021Octa

Next on the downside comes in the 200-day SMA
Next on the downside comes in the 200-day SMA

EUR/JPY extends the bearish move to sub-130.00 levels. Below 129.50 the focus of attention is on the 200-day SMA. EUR/JPY extends the weekly downtrend...

16 Jul 2021Octa

EUR/JPY remains pressurized below 132.00 ahead of EU PMI data
EUR/JPY remains pressurized below 132.00 ahead of EU PMI data

EUR/JPY trades with initial gains on Monday in the Asian session. The Euro gains limited on mixed ECB views, despite strong economic data. Yen suffers...

5 Jul 2021Octa

Solid support appears around 130.00
Solid support appears around 130.00

EUR/JPY rebounds from earlier lows in the 130.00 zone. The 50-day SMA around 132.00 emerges as the next hurdle. Following a drop to new 2-month lows...

21 Jun 2021Octa

EUR/JPY drops to daily lows, approaches 133.00
EUR/JPY drops to daily lows, approaches 133.00

EUR/JPY loses further ground and looks to test 133.00. The yen remains bid and weighs on the cross on Wednesday. The FOMC meeting will be the salient event...

17 Jun 2021Octa

EUR/JPY challenges 133.00, or 2-week lows
EUR/JPY challenges 133.00, or 2-week lows

Investors' sentiment slightly favours the dollar at the beginning of the week and motivates EUR/JPY to slip back to the 133.00 neighbourhood, or 2-week lows.

7 Jun 2021FXCM

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EURJPY cools near 134.00 level but climb remains intact
EURJPY cools near 134.00 level but climb remains intact

EURJPY has hiked towards a 39 month high marginally overshooting the 134.00 handle. Although the pair's immediate bullish drive has vanished just short...

1 Jun 2021XM

EURJPY H4: Bulls are rocking the boat
EURJPY H4: Bulls are rocking the boat

The EURJPY currency pair on the H4 time frame was in a down trend until 24 May when a lower bottom was recorded at 132.523. After the top at 132.523, the market broke...

25 May 2021FXTM

EURJPY returns up to 3-year high
EURJPY returns up to 3-year high

EURJPY is strongly positive as it reached a fresh 3-year peak at 133.42 on May 18. The MACD is standing near the trigger and above the zero lines, and the RSI...

25 May 2021XM

Refreshes multi-month top around mid-132.00s
Refreshes multi-month top around mid-132.00s

EUR/JPY takes the bids to fresh high in 32 months. Upbeat MACD, sustained trading beyond 200-SMA favor buyers. Rising wedge resistance, September 2018 top test upside momentum...

13 May 2021Octa

EUR/JPY to enjoy considerable gains towards the 137.51 2018 high
EUR/JPY to enjoy considerable gains towards the 137.51 2018 high

EUR/JPY remains bid despite minor dip. Axel Rudolph, Senior FICC Technical Analyst at Commerzbank, expects the pair to advance nicely and eventually reach...

3 May 2021Octa

EURJPY foreshadows more volatility; bias positive
EURJPY foreshadows more volatility; bias positive

EURJPY changed course near the strong ascending trendline once again, reversing northwards to re-challenge its recent peaks. The squeezing Bollinger bands...

27 Apr 2021XM

EURJPY sideways drift prolongs; bias neutral-to-bearish
EURJPY sideways drift prolongs; bias neutral-to-bearish

EURJPY got trapped between the 20- and 200-period simple moving averages (SMAs) after stepping on the strong ascending trendline, which has been...

23 Apr 2021XM

EURJPY struggles near 29-month high
EURJPY struggles near 29-month high

EURJPY is sustaining its upward trajectory above the ascending trendline, currently flirting with the 29-month high of 130.65. The technical indicators...

13 Apr 2021XM

Looks set for further downside, rising wedge in focus
Looks set for further downside, rising wedge in focus

EUR/JPY sellers attack intraday low, teases confirmation of bearish chart pattern. Downbeat MACD, failures to cross immediate resistance line favor bears...

5 Apr 2021Octa

EURJPY H4 - Bullish trend continues
EURJPY H4 - Bullish trend continues

The EURJPY currency pair on the H4 time-frame was in a downtrend until 24 March, 2021 when a lower bottom was reached at 128.292. The attractive price of 128.292...

29 Mar 2021FXTM

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EURJPY eases slightly in ascending tendency
EURJPY eases slightly in ascending tendency

EURJPY has advanced considerably since roughly the mid of the previous year, hitting a 29-month high of 135.65 on Thursday. The pair posted a negative gap...

23 Mar 2021XM

EURJPY flirts with 29-month high in ascending move
EURJPY flirts with 29-month high in ascending move

EURJPY is looking strongly bullish in the short-term after surging above its four-hour moving averages. Prices hit a 29-month high of 130.65 and the technical indicators...

18 Mar 2021XM

EURJPY pauses rally; next bearish catalyst at 129.60
EURJPY pauses rally; next bearish catalyst at 129.60

EURJPY is struggling to gain ground within the 130.00 territory despite ticking to a fresh 29-month high of 130.47 on Monday. The recent weakness in the RSI and the Stochastics...

16 Mar 2021XM

EUR/JPY reverses recent losses and retake 129.00
EUR/JPY reverses recent losses and retake 129.00

EUR/JPY regains the smile above the 129.00 mark. US yields lose momentum and weigh on the dollar. EMU's flash Q4 GDP came in at -0.7% QoQ, -4.9% YoY...

9 Mar 2021Octa


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