EURJPY Outlook And Forecast

EUR/JPY (Euro - Japanese Yen) outlook and forecast is written by the team of ForexAbode's in-house analysts and is followed by the traders around the world. The outlook takes into account the various factors which can affect the future price action of EUR/JPY. The outlook takes into consideration any important news, economic releases, technical factors but most importantly the price action analysis. Aprt from the daily and weekly in-house analysis, here you will also find the views expressed by our guest analysts.

The outlook reflects our views for short-term to mid-term movement of "EUR JPY". However, sometimes the analysis takes into account the price data which may span many years, and is also supported by our very popular chart alerts.

The weekly updates include the predictions for the next week's expected moves for the euro/Japanese yen. However, the projections are not only limited to the coming week but are applicable for the overall expectations for the near-term. Apart from the weekly prediction we also update EUR/JPY daily analysis, which presents our view about the price action from short-term perspective.

Further resources for trading EUR/JPY

EUR/JPY Analysis - July 22, 2014

Written By : ForexAbode.com || 2014-07-22 02:34:19 GMT

Current Exchange Rate: 136.93 at the time of analysis update. Intraday outlook: . EUR/JPY failed below the last to last week's strong support of 137.49 once again and that indicates that the previous support is now acting as resistance. On the downside the support at 136.77 is crucial but still a break below the recent 136.71 will confirm the near-term bearish sentiments.

EUR/JPY Fundamental Analysis & Economic Strength Meter - July 20, 2014

Written By : ForexAbode.com || 2014-07-19 19:20:01 GMT

The EUR/JPY fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news.

EUR/JPY Analysis - July 16, 2014

Written By : ForexAbode.com || 2014-07-16 05:20:15 GMT

Current Exchange Rate: 137.71 at the time of analysis update. Intraday outlook: Down. EUR/JPY touched a low of 137.63 today. The strong fall keeps our bearish outlook, as what we had mentioned yesterday. However, we will remain neutral for the downside as long as the price-action stays above 137.49.

EUR/JPY Analysis - July 15, 2014

Written By : ForexAbode.com || 2014-07-15 06:39:05 GMT

Current Exchange Rate: 138.31 at the time of analysis update. Intraday outlook: Down. The strong support at 137.98 argues about further decline and keeps us neutral initially for EUR/JPY. However, the the current price-action is once again near the 22-day EMA resistance which had prevented the upward gains during the previous attempt.

EUR/JPY Fundamental Analysis & Economic Strength Meter - July 12, 2014

Written By : ForexAbode.com || 2014-07-11 17:58:38 GMT

The EUR/JPY fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news.

EUR/JPY Analysis - July 11, 2014

Written By : ForexAbode.com || 2014-07-11 03:37:51 GMT

Current Exchange Rate: 137.88 at the time of analysis update. Intraday outlook: Down. The break below 137.70, when the currency pair touched 137.49, has made the bearish sentiments stronger. On the upside resistance is expected in the range of 138.11 to 138.17. If this resistance holds then any break below 137.49 should target 136.80 first and then possibly 136.55.

EUR/JPY Analysis - July 10, 2014

Written By : ForexAbode.com || 2014-07-10 04:42:49 GMT

Current Exchange Rate: 138.01 at the time of analysis update. Intraday outlook:  The failure to sustain in the 139.00 ranges and the strong fall after trying to break the 55-day EMA resistance brings the bearish sentiments in the picture. However, the current price action is near some strong support levels and that keeps the immediate outlook neutral. On the down side, the first support is expected near 137.92 and then 137.70.

EUR/JPY Weekly Outlook - July 7 to 11, 2014

Written By : ForexAbode.com || 2014-07-06 04:01:55 GMT

EUR/JPY inched upwards unconvincingly from the recent of 137.72 to touch 139.28 before closing for the week at 138.78. The previous attempt of recovery had failed near 55-day EMA and once again the price-action is struggling at that level. The daily Ichimoku cloud has given a week bullish signal but again the price seems to be finding resistance near the lower edge of the cloud. The near-term outlook stays neutral of EUR/JPY.

EUR/JPY Fundamentals and Economic Strength Meter - July 5, 2014

Written By : ForexAbode.com || 2014-07-04 19:25:54 GMT

The EUR/JPY fundamentals are updated weekly. This is mainly derived from the recent major economic releases and news.

EUR/JPY Weekly Outlook - May 26 to 30, 2014

Written By : ForexAbode.com || 2014-05-24 23:54:58 GMT

EUR/JPY moved further down to 138.14 and fell into sideways mode before closing for the week at 138.95.   The bearish outlook is in place for the currency pair. However considering the recent support just above the 76.4% retracement level of the gains from 136.23 to 143.79, some upward consolidation can not be ruled out. On the upside we would expect a strong resistance near the 50% retracement level i.e.

Interest rates (EUR/JPY)

EUR to JPY Interest Rates Comparison
(For Carry Trades)
Euro (EUR) interest rate
0.25%
Japanese yen (JPY) interest rate
0.10%
EUR/JPY interest rate comparison
0.40%

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