Daily Pivots: (S1) 158.82; (P) 159.04; (R1) 159.44; More…. Intraday bias in EUR/JPY stays on the upside at this point. Current up trend should target 61.8% projection of 139.05 to 157.99 from 151.39 at 163.09 next. On the downside, below 158.17 minor support will turn bias neutral again and bring more consolidations. In the bigger
EURJPY Outlook
Daily Pivots: (S1) 158.41; (P) 158.88; (R1) 159.21; More…. EUR/JPY continues to lose upside momentum as seen in 4H MACD. But with 158.17 minor support intact, intraday bias stays on the upside. Current up trend should target 61.8% projection of 139.05 to 157.99 from 151.39 at 163.09 next. On the downside, below 158.17 minor support
Daily Pivots: (S1) 158.32; (P) 158.61; (R1) 159.03; More…. Intraday bias in EUR/JPY is back on the upside with breach of 159.20 temporary top. Current up trend should target 61.8% projection of 139.05 to 157.99 from 151.39 at 163.09 next. On the downside, below 158.17 minor support will turn bias neutral again and bring more
Daily Pivots: (S1) 158.45; (P) 158.84; (R1) 159.08; More…. Intraday bias in EUR/JPY remains neutral at this point. Downside of retreat should be contained above 155.51 support to bring another rally. On the upside, break of 159.20 will resume larger up trend, and target 61.8% projection of 139.05 to 157.99 from 151.39 at 163.09 next.
EUR/JPY’s break of 158.03 resistance last week confirmed up trend resumption. But as a temporary top was formed at 159.20, initial bias is turned neutral this week for some consolidations first. Downside of retreat should be contained above 155.51 support to bring another rally. On the upside, break of 159.20 will target 61.8% projection of
Daily Pivots: (S1) 157.99; (P) 158.60; (R1) 159.56; More…. Intraday bias in EUR/JPY stays on the upside for the moment. Current up trend is in progress for 61.8% projection of 139.05 to 157.99 from 151.39 at 163.09 next. On the downside, below 157.73 minor support will turn intraday bias neutral and bring consolidations again first.
Daily Pivots: (S1) 157.14; (P) 157.52; (R1) 158.12; More…. EUR/JPY’s break of 158.03 resistance indicates resumption of larger up trend. Intraday bias is back on the upside. Further rally should be seen to 61.8% projection of 139.05 to 157.99 from 151.39 at 163.09 next. For now, outlook will stay bullish as long as 156.33 support