EURJPY Outlook

Daily Pivots: (S1) 154.21; (P) 154.67; (R1) 155.45; More…. Intraday bias in EUR/JPY remains neutral for the moment. Further decline is in favor as long as 155.66 minor resistance holds. Below 153.32 will target 55 D EMA (now at 152.36) and below. Nevertheless, above 155.66 will turn bias back to the upside for retesting 157.99

Daily Pivots: (S1) 153.62; (P) 154.08; (R1) 154.67; More…. EUR/JPY recovered after falling to 153.32 and intraday bias is turned neutral first. Further decline is in favor as long as 155.66 minor resistance holds. Below 153.32 will target 55 D EMA (now at 152.36) and below. nevertheless, above 155.66 will turn bias back to the

Daily Pivots: (S1) 153.90; (P) 154.79; (R1) 155.39; More…. EUR/JPY’s fall from 157.99 is in progress and intraday bias remains on the downside. Sustained trading below 154.03 support will argue that it’s at least correcting the whole rise from 139.05. Deeper fall would be seen to 55 D EMA (now at 152.28). On the upside

Daily Pivots: (S1) 154.98; (P) 155.83; (R1) 156.32; More…. Intraday bias in EUR/JPY stays on the downside as fall from 157.99 short term top is in progress for 154.03 support or below. But overall outlook will stay bullish as long as 151.60 resistance turned support holds. Larger rally is still expected to resume through 157.99

Daily Pivots: (S1) 155.24; (P) 156.08; (R1) 156.78; More…. Intraday bias in EUR/JPY remains mildly on the downside at this point. Correction from 157.99 short term top should extend to 154.03 support or below. But overall outlook will stay bullish as long as 151.60 resistance turned support holds. Larger rally is still expected to resume

EUR/JPY’s decline last week should confirm short term topping at 157.99, on bearish divergence condition in 4H MACD. Initial bias remains on the downside for deeper correction to 154.03 support or below. But overall outlook will stay bullish as long as 151.60 resistance turned support holds. Larger rally is still expected to resume through 157.99

Daily Pivots: (S1) 156.12; (P) 156.64; (R1) 157.43; More…. Intraday bias in EUR/JPY remains on the downside as correction from 157.99 is extending to 154.03 support or below. But overall outlook will stay bullish as long as 151.60 resistance turned support holds. Larger rally is still expected to resume through 157.99 after the correction completes.