EURJPY Outlook

eur/jpy-each-day-outlook

20 Dec: EUR/JPY Each day Outlook

Daily Pivots: (S1) 156.04; (P) 157.30; (R1) 159.22; More.. Intraday bias in EUR/JPY stays on the upside for the moment. Rebound from 153.15 should target 55 D EMA (now at 158.97). On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In the bigger

eur/jpy-day-by-day-outlook

19 Dec: EUR/JPY Day by day Outlook

Daily Pivots: (S1) 155.11; (P) 155.71; (R1) 156.59; More.. EUR/JPY’s breach of 157.67 resistance suggest that rebound from 153.15 is resuming. Intraday bias is back on the upside for 55 D EMA (now at 159.00). On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at

eur/jpy-day-by-day-outlook

18 Dec: EUR/JPY Day by day Outlook

Daily Pivots: (S1) 154.03; (P) 155.26; (R1) 156.11; More.. Intraday bias in EUR/JPY stays neutral as consolidation from 153.15 is extending. Outlook will stay bearish as long as 157.67 resistance holds. Break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In the bigger picture, price actions

eur/jpy-weekly-outlook

17 Dec: EUR/JPY Weekly Outlook

EUR/JPY extended the consolidation from 153.15 last week and outlook is unchanged. Initial bias remains neutral this week first and further decline is expected. On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In the bigger picture, price actions from 164.29 medium term

eur/jpy-every-day-outlook

16 Dec: EUR/JPY Every day Outlook

Daily Pivots: (S1) 154.53; (P) 155.29; (R1) 156.72; More.. EUR/JPY recovered ahead of 153.15 support and intraday bias is turned neutral. Near term outlook stay bearish as long as 157.67 resistance intact. On the downside decisive break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In

eur/jpy-every-day-outlook

14 Dec: EUR/JPY Every day Outlook

Daily Pivots: (S1) 154.70; (P) 156.09; (R1) 156.79; More.. EUR/JPY’s break of 155.98 minor support suggests that recovery from 153.15 has completed at 157.67 already. Intraday bias is back on the downside for retesting 153.15 first. Firm break there will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. For

eur/jpy-each-day-outlook

13 Dec: EUR/JPY Each day Outlook

Daily Pivots: (S1) 156.57; (P) 156.95; (R1) 157.41; More.. Intraday bias in EUR/JPY remains neutral for the moment. While rebound from 153.15 could extend higher, upside should be limited below 158.36 minor resistance to bring another fall. On the downside, below 155.98 will turn bias to the downside for retesting 153.15. In the bigger picture