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 - Jan 26, 2014

Written By : ForexAbode.com || 2014-01-26 00:00:00 GMT

EUR/JPY Weekly Outlook and Predictions EUR/JPY extended the fall to go as low as 139.75 before closing for the week at 140.02.   The break of the psychological support of 140.00 makes the short-term bearish outlook stronger. However the immediate support below 140.00 indicates that this support has not yet failed decisively.

EUR/JPY Weekly Outlook - Dec 29, 2013

Written By : ForexAbode.com || 2013-12-29 00:00:00 GMT

EUR/JPY had found the support 6 pips above the level which we had mentioned 2 weeks back and then the pair had moved the way we had indicated and quoted above. Last week EUR/JPY went as high as 145.69 before dropping sharply and closing for the week at 144.56. The break over 145.00 key psychological level was the highlight of the week.

EUR/JPY Weekly Outlook - Dec 14, 2013

Written By : ForexAbode.com || 2013-12-14 00:00:00 GMT

EUR/JPY continued it's upward journey and broke over the indicated 142.40 resistance to go as high as 142.82 before dropping to 141.42 and then closing for the week at 141.90. The break over the psychological level of 140.00 first and then 141.00 which was the 61.8% retracement of fall from 169.98 of July 2008 to 94.12 of July 2012 are keeping the bullish outlook intact for EUR/JPY.

EUR/JPY Weekly Outlook - Dec 07, 2013

Written By : ForexAbode.com || 2013-12-07 00:00:00 GMT

EUR/JPY moved exactly as we had indicated during the last weekend. The pair went as high as 141.05 and closed for the week, very bullishly, at 141.04. The highlight of the last week was a swift move over the strong psychological resistance of 140.00 and a jump of 105 pips above that. It came as a cakewalk and made the existing bullish outlook even stronger. While saying this, we would also repeat what we had mentioned during the last week.

Is EUR/JPY Coming Out of The Reverse Gear?

Written By : forexabode || 2013-12-01 11:05:22 GMT

How can we not talk about EUR/JPY after we just talked about GBP/JPY. After all the story of EUR/JPY is also not much different even though differences are there. Do also check the update about GBP/JPY. During September 2008, the pair has seen a volatility of 1295 pips. Yes, September 2008 was a month which had filed itself in the the history of global economy.

EUR/JPY Weekly Outlook - Nov 30, 2013

Written By : ForexAbode.com || 2013-11-30 00:00:00 GMT

EUR/JPY continued its upward journey even beyond 137.40 which we had indicated 2 weeks back. The pair moved as high as 139.71 before closing for the week at 139.19. Not only the support pattern which has been in place for over one year as indicated in this chart alert but the very aggressive jump beyond even 139.60 has made the already existing bullish outlook even stronger.

EUR/JPY Weekly Outlook - Nov 17, 2013

Written By : ForexAbode.com || 2013-11-17 00:00:00 GMT

EUR/JPY jumped up strongly to go as high as 135.31 before closing for the week at 135.21. EUR/JPY once again followed the support pattern which we had mentioned in several of our chart alerts during past several months. For past over one year any fall has been finding support near 22-week EMA. Please check the last alert about this which we had posted on November 8th.

EUR/JPY Weekly Outlook - Nov 09, 2013

Written By : ForexAbode.com || 2013-11-09 00:00:00 GMT

EUR/JPY could not retest 135.50 after failing at 135.45 fell sharply. The currency pair moved as we had indicated 2 weeks back. The prices fell as low as 131.22 before recovering slightly and closing for the week at 132.44. The strong fall has brought some bearish sentiments in the picture but on the other hand the overall outlook is not yet bearish for EUR/JPY. The recent support maintained the support pattern near 22-week EMA.

EUR/JPY - Will The Support Trend of Last One Year Hold?

Written By : forexabode || 2013-11-08 07:50:19 GMT

During past one year whenever EUR/JPY fell heavily, the support came near 22-week EMA. The recent fall has again brought it to that support zone. Need to see if the support pattern which has been in place for the past one year holds or fails. A failure may result in deeper declines. EUR/JPY weekly chart of past one year

EUR/JPY Weekly Outlook - Oct 26, 2013

Written By : ForexAbode.com || 2013-10-26 00:00:00 GMT

Euro-Japanese Yen (EUR/JPY) broke over the psychological 135.00 and went as high as 135.50 before losing the momentum and falling to 133.60. The currency pair then closed for the week at 134.43. The loss of momentum after touching 135.50 keeps the immediate outlook for EUR/JPY neutral, however overall outlook for the near-term stays bullish with the break over 135.00.

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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