Note: The EUR/JPY forecast is updated during every weekend by taking into account the various factors which are expected to affect the relative price action of Japanese yen and the euro.
EUR/JPY Weekly Outlook and Predictions
"The price action clearly suggests that EUR/JPY will be able to take out the psychological resistance of 140.00. A break over 140.00 should take EUR/JPY further up towards 140.80 to 141.00 resistance.”
Outlook For The Future Price Action
EUR/JPY completed 61.8% retracement
More Resources for EUR/JPY Analysis
- Daily Analysis: EUR/JPY daily analysis
- Daily resistance and support levels: EUR/JPY pivot points.
- Share your trades: Real time EUR/JPY Trades in the Forex forum.
- Current sentiments: EUR/JPY market sentiments.
- Please join the News Letter to get email alerts when the Forex forecast is updated.
Important pages about Euro / Japanese yen in the Forex blog
- Check blog posts about EUR/JPY.
- Any other update for EURJPY apart from the periodic update time.
- Posts about EUR/JPY Support and Resistance for expected support and resistance levels.
- EUR/JPY Alert for any alerts or specific observation about the price action.
You may also check EUR/JPY Correlation with other currency majors.
(For Carry Trades)
Convert Euro to Japanese Yen.
This update on EUR/JPY outlook is written by the analysts of ForexAbode.com. Do contact us for any questions, suggestions or feedback.