Daily Pivots: (S1) 140.72; (P) 141.51; (R1) 142.26; More…. Intraday bias in EUR/JPY stays neutral as range trading continues. On the downside, break of 137.37 will resume the whole decline from 148.38 to 135.40 fibonacci level next. However, firm break of 142.84 will argue that the correction from 148.38 has completed, and bring stronger rise
EURJPY Outlook
Daily Pivots: (S1) 141.27; (P) 141.74; (R1) 142.21; More…. Range trading continues in EUR/JPY and intraday bias remains neutral. On the downside, break of 137.37 will resume the whole decline from 148.38 to 135.40 fibonacci level next. However, firm break of 142.84 will argue that the correction from 148.38 has completed, and bring stronger rise
Daily Pivots: (S1) 141.00; (P) 141.54; (R1) 142.61; More…. Intraday bias in EUR/JPY remains neutral as range trading continues. On the downside, break of 137.37 will resume the whole decline from 148.38 to 135.40 fibonacci level next. However, firm break of 142.84 will argue that the correction from 148.38 has completed, and bring stronger rise
Daily Pivots: (S1) 139.37; (P) 140.29; (R1) 141.58; More…. EUR/JPY is still bounded in range of 137.37/142.84 and intraday bias remains neutral. On the downside, break of 137.37 will resume the whole decline from 148.38 to 135.40 fibonacci level next. However, firm break of 142.84 will argue that the correction from 148.38 has completed, and
EUR/JPY stayed in range of 137.37/142.84 last week and outlook is unchanged. Initial bias remains neutral this week first, and another fall is in favor. Break of 137.37 will resume the whole decline from 148.38 to 135.40 fibonacci level next. However, firm break of 142.84 will argue that the correction from 148.38 has completed, and
Daily Pivots: (S1) 138.20; (P) 138.82; (R1) 139.71; More…. EUR/JPY recovered ahead ahead of 137.37 support and intraday bias is turned neutral. On the downside, firm break of 137.37 will resume whole decline from 148.38 to 135.40 fibonacci level next. However, firm break of 142.84 will argue that the correction from 148.38 has completed, and
Daily Pivots: (S1) 137.70; (P) 139.70; (R1) 141.15; More…. Intraday bias in EUR/JPY is back on the downside with break of 138.00. Further break of 137.37 will resume whole decline from 148.48. Next target is 135.40 fibonacci level. In any case, outlook will stay mildly bearish as long as 142.84 resistance holds. In the bigger