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EUR/JPY Forecast - Page 3


EURJPY remains above 129.00 and SMAs
EURJPY remains above 129.00 and SMAs

EURJPY is ticking up above 129.00 in the 4-hour chart, after the rebound off the 23.6% Fibonacci retracement level of the upward wave from 125.07 to 129.96...

4 Mar 2021XM

EURJPY slides below 28-month high
EURJPY slides below 28-month high

EURJPY is retreating over the last days from the spike that sent the market to the 28-month high of 129.96. The RSI is confirming the recent view and is moving...

2 Mar 2021XM

EURJPY insists over 128.00; bullish overall
EURJPY insists over 128.00; bullish overall

EURJPY is making another attempt to break above the 128.00 level, which was a tough obstacle to pass over the past couple of days despite the spikes above it...

23 Feb 2021XM

EURJPY breaks above 127.49, fuelling optimism
EURJPY breaks above 127.49, fuelling optimism

EURJPY overcame the key 127.49 barrier yesterday but is marginally struggling ahead of the 128.38 level, which happens to be the 123.6% Fibonacci...

16 Feb 2021XM

EURJPY still consolidating, unable to break above upper channel
EURJPY still consolidating, unable to break above upper channel

EURJPY has been consolidating since December and has been stuck within the 23-month high of 127.50 and the 125.15 support. The neutral-to-bullish picture...

9 Feb 2021XM

EURJPY fairly directionless, picture leans positive
EURJPY fairly directionless, picture leans positive

EURJPY is currently resting on the 50-day simple moving average (SMA) at 125.74 after a bounce off the lower Bollinger band, which is encapsulated within a critical...

27 Jan 2021XM

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EURJPY tries to jump higher after steep negative sessions
EURJPY tries to jump higher after steep negative sessions

EURJPY tumbled for the seventh day in a row on Monday, recording a seven-week low around the 125.15 support level. However, today, it started...

19 Jan 2021XM

EURJPY bulls take a breather near 2-year high
EURJPY bulls take a breather near 2-year high

EURJPY geared down after topping near the familiar 127.50 barrier from 2017 - 2018, but the 20-day simple moving average (SMA) slightly lower at 146.47...

12 Jan 2021XM

EUR/JPY gains stall at multi-year highs just above 127.00 level
EUR/JPY gains stall at multi-year highs just above 127.00 level

EUR/JPY managed to squeak out fresh multi-year highs around the 127.20 mark on Wednesday but has since slipped back under 127.00. The pair was lifted amid a risk-on...

7 Jan 2021Octa

EURJPY struggles to rekindle ascent past year peak
EURJPY struggles to rekindle ascent past year peak

EURJPY is colliding with the upper boundary of the range at 127.06, finding it difficult to revive the hike. The rising 100- and 200-day simple moving averages...

29 Dec 2020XM

EURJPY consolidates below 127.00
EURJPY consolidates below 127.00

EURJPY is trading with weak directional bias over the last three weeks, while spiking towards the 18-month high of 127.10. The momentum indicators are pointing to a neutral...

22 Dec 2020XM

EURJPY struggles below 18-month high
EURJPY struggles below 18-month high

EURJPY is struggling to gain positive momentum after its fast run above the descending channel and the 125.07 barrier, stalling around the 126.70 resistance...

15 Dec 2020XM

Extra consolidation in the pipeline
Extra consolidation in the pipeline

EUR/JPY remains side-lined around the 126.00 neighbourhood. Immediately to the upside emerges the 2020 highs just above 127.00. EUR/JPY's multi-session neutral...

10 Dec 2020Octa

EURJPY pauses near September's highs
EURJPY pauses near September's highs

EURJPY is struggling to gain positive momentum after its fast rebound stalled around 126.40 and within September's resistance region last week. The downside reversal...

8 Dec 2020XM

EUR/JPY: Next target emerges at the 2020 highs
EUR/JPY: Next target emerges at the 2020 highs

EUR/JPY surpassed the key barriers at 125.00 and 126.00. Further upside now targets the YTD highs around 127.00. EUR/JPY adds to the recent strong advance...

3 Dec 2020Octa

EURJPY range bound; positive sentiment improves
EURJPY 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...

24 Nov 2020XM

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EURJPY shifts sideways as resistance ceiling blocks gains
EURJPY 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...

10 Nov 2020XM

EURJPY heads towards 3-month low again
EURJPY 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...

29 Oct 2020XM

EURJPY loses some momentum above 23.6% Fibo
EURJPY 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...

13 Oct 2020XM

EURUSD: bulls zero in on 1.18
EURUSD: 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...

8 Oct 2020Alpari

EURJPY rallies above 124.00; retests bearish trend reversal pattern
EURJPY 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)...

6 Oct 2020XM

EURJPY 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...

29 Sep 2020XM

EURJPY 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...

22 Sep 2020XM

EURJPY 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...

15 Sep 2020XM

Mildly 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...

14 Sep 2020Octa

EUR/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...

9 Sep 2020XM

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EURJPY 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...

3 Sep 2020XM

Signs 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...

2 Sep 2020Octa

EURJPY 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...

25 Aug 2020XM

EURJPY 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...

18 Aug 2020XM


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