EUR/JPY - Technical Analysis, Outlook and Forecasts

EUR/JPY (Euro - Japanese Yen) outlook and forecast is presented 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 factors to analyze the outlook are geo-political news, fundamentals including major economic releases and  technical factors but most importantly we focus on the price-action analysis.

 

The outlook reflects our views for short-term to mid-term movement of the currency pair. However, sometimes the analysis takes into account the price-data which may span many years and have a longer-term view. This is also supported by our very popular chart alerts.

 

The weekly outlook includes the predictions for the next week's expected moves for the euro and Japanese yen. However, the forecast is not only limited to the coming week but is applicable for the overall expectations for the near-term to longer-term. Apart from the weekly forecasts we also update EUR/JPY daily technical analysis, which presents our views about the daily price-action.

 

You may also like to check the following technical resources for trading EUR/JPY:

 

 

EUR/JPY Weekly Outlook - Jun 19, 2011

Written By : ForexAbode.com || 2011-06-19 00:00:00 GMT

Current 114.55 EUR/JPY Trend: Correction during a mid-term uptrend EUR/JPY Outlook: Very volatile sideways with more downward correction. Fundamentals (Recent economic releases) EUR/JPY - Fundamentals (Recent economic releases): 1. EU: Industrial Production (YoY) data less than the previous release but positive as compared to the forecasts.

EUR/JPY Weekly Outlook - Jun 12, 2011

Written By : ForexAbode.com || 2011-06-12 00:00:00 GMT

Current 115.24 EUR/JPY Trend: Correction during a mid-term uptrend EUR/JPY Outlook: bearish initially but overall a very volatile sideways. Fundamentals (Recent economic releases) EUR/JPY - Fundamentals (Recent economic releases): 1. EU: Sentix Investor Confidence report quite negative as compared to the previous release as well as forecasts. 2.

EUR/JPY Weekly Outlook - May 22, 2011

Written By : ForexAbode.com || 2011-05-28 00:00:00 GMT

Current 115.69 EUR/JPY Trend: Correction during a mid-term uptrend EUR/JPY Outlook: Volatile sideways. Fundamentals (Recent economic releases) EUR/JPY - Fundamentals (Recent economic releases): 1. EU: Concerns being raised that Greece will eventually fail to pay off its debt. Fitch Ratings downgraded Greece’s debt. Possibilities of further reduction in its creditworthiness. 2.

EUR/JPY Weekly Outlook - May 15, 2011

Written By : ForexAbode.com || 2011-05-15 00:00:00 GMT

Current 114.06 EUR/JPY Trend: Correction during a mid-term uptrend EUR/JPY Outlook: Volatile sideways. Fundamentals (Recent economic releases) EUR/JPY - Fundamentals (Recent economic releases): 1. EU: Portugal’s economy shrank for a second quarter in the three months through March, putting the country back into recession. 2. EU: Concerns being raised that Greece will eventually fail to pay off its debt.

EUR/JPY Weekly Outlook - May 08, 2011

Written By : ForexAbode.com || 2011-05-08 00:00:00 GMT

Current 115.40 EUR/JPY Trend: Correction during a mid-term uptrend EUR/JPY Outlook: Volatile sideways. Fundamentals (Recent economic releases) EUR/JPY - Fundamentals (Recent economic releases): 1. EU: Concerns about Greece's debt problem resurfacing. Two European officials familiar with the matter said that finance officials were meeting in Luxembourg for unscheduled talks. 2.

EUR/JPY Weekly Outlook - May 01, 2011

Written By : ForexAbode.com || 2011-05-01 00:00:00 GMT

Current 120.21 EUR/JPY Outlook: Fundamentals (Recent economic releases) EUR/JPY - Fundamentals (Recent economic releases): 1. EU: European confidence in the economic outlook declined and inflation accelerated to the fastest pace in two and a half years. 2. EU: German Consumer Confidence report negative as compared to the previous release as well as forecasts. 3.

EUR/JPY Weekly Outlook - Nov 28, 2010

Written By : ForexAbode.com || 2010-11-28 00:00:00 GMT

Current 111.27 Trend:Volatile sideways Outlook:Volatile sideways. Fundamentals (Recent economic releases): 1) EU: Ireland is in the final stages of negotiating an international bailout for its banks before markets open on Monday. 2) EU: In Spain, Prime Minister Jose Luis Zapatero told Catalan radio RAC1 that investors who are “short” on Spain “are going to be wrong and will go against their own interests.

EUR/JPY Weekly Outlook - Nov 7, 2010

Written By : ForexAbode.com || 2010-11-07 00:00:00 GMT

Current 114.04 Trend:Consolidation during uptrend Outlook:Downward correction. Fundamentals (Recent economic releases): 1) EU: Paul Bednarczyk, a strategist in London at 4Cast Ltd said "We still have an on-going demand for euros from reserve managers”. 2) EU: German PMI (Purchasing Managers' Index) for manufacturing better as compared to the previous release as well as the forecasts.

EUR/JPY Weekly Outlook - Oct 31, 2010

Written By : ForexAbode.com || 2010-10-31 00:00:00 GMT

Current 112.10 Trend:Consolidation during uptrend Outlook:Downward correction. Fundamentals (Recent economic releases): 1) EU: The average price of credit-default swaps on Portugal, Italy, Ireland, Greece and Spain rose to 406.5 basis points from 363.5 last week.

EUR/JPY Weekly Outlook - Oct 24, 2010

Written By : ForexAbode.com || 2010-10-24 00:00:00 GMT

Current 113.53 Trend:Consolidation during uptrend Outlook:Bullish. Fundamentals (Recent economic releases): 1) EU: German ZEW Survey - Economic Sentiment release for October- quite negative as compared to the previous release and also less than the forecasts. 2) EU: EU ZEW Survey - Economic Sentiment data- much less than the previous release but better positive as compared to the forecasts.

Interest rates difference of EUR and JPY

EUR to JPY Interest Rates Comparison
(For Carry Trades)
Euro (EUR) interest rate
0.15%
Japanese yen (JPY) interest rate
0.10%
EUR/JPY interest rate comparison
0.05%

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