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 19, 2013

Written By : ForexAbode.com || 2013-01-19 00:00:00 GMT

Euro-Japanese Yen (EUR/JPY) moved the way we had indicated during the last week the currency pair broke over the psychological 120.00 level and then went as high as 120.72 before closing for the week at 119.98. The strong break over 120.00 keeps the outlook bullish for EUR/JPY.

EUR/JPY Reaches 120.00 Territory But Stronger Resistances Ahead

Written By : forexabode || 2013-01-13 00:05:06 GMT

EUR/JPY had taken out 117.90 resistance very smoothly over the last week. On Friday the pair entered the 120.00 psychological resistance territory when it went as high as 119.35. The following weekly chart shows the approaching resistances based on the price action apart from 120.00.

EUR/JPY Weekly Outlook - Jan 12, 2013

Written By : ForexAbode.com || 2013-01-12 00:00:00 GMT

Euro-Japanese Yen (EUR/JPY) found support at 113.55 i.e. 35 pips above 113.20 which we had mentioned during last weekend. The important point was that the pair went above 117.40/117.90 resistance zone without any efforts. EUR/JPY went as high as 119.35 before closing for the week at 118.99. The smooth break over 117.40/117.90 zone without facing any resistance and the recent strong momentum keeps our outlook for EUR/JPY bullish.

EUR/JPY's Break Over 115.00 Psychological Level

Written By : himanshu || 2013-01-06 02:29:09 GMT

EUR/JPY had broken over 115.00 psychological level very strongly. The recent support has been coming above 113.20. During May end to July beginning of 2011 the currency pair had witnessed a strong resistance in the range of 117.40 to 117.90. That may be the next target, the way the upward momentum is holding despite some loss during the previous week. Please check the following weekly chart of EUR/JPY. EUR/JPY Weekly Chart  

EUR/JPY Weekly Outlook - Jan 06, 2013

Written By : ForexAbode.com || 2013-01-06 00:00:00 GMT

Euro-Japanese Yen (EUR/JPY) went as high 115.99 but then fell into a sideways range between 113.20 and 115.99. The weekly closing was at 115.20. The strong break of 115.00 psychological level has made the near-term outlook bullish for EUR/JPY but the slight loss of momentum during the last week indicates the possibilities of some downward consolidation. The supports are expected first at the low of the mentioned sideways move i.e. 113.20.

EUR/JPY Weekly Outlook - Dec 22, 2012

Written By : ForexAbode.com || 2012-12-22 00:00:00 GMT

EUR/JPY Outlook:  Euro-Japanese Yen (EUR/JPY) went as high as 112.50 and then went into a volatile sideways mode over 110.62. The weekly closing was at 111.04. The support over 110.60 indicates that the support of the psychological 110.00 is in play and the underlying bullish sentiments for the near-term remain in place.

EUR/JPY Weekly Outlook - Dec 09, 2012

Written By : ForexAbode.com || 2012-12-09 00:00:00 GMT

EUR/JPY Outlook:  Euro-Japanese Yen (EUR/JPY) has been making attempts to break over 107.95 for past 3 trading days but has been failing to do so. The drop took it to 106.12 before the currency pair closed for the week at 106.66. The fact that EUR/JPY has not been able to break over 107.95 suggests that we can expect some downward consolidation.

EUR/JPY Weekly Outlook - Nov 18, 2012

Written By : ForexAbode.com || 2012-11-18 00:00:00 GMT

EUR/JPY Outlook  Euro-Japanese Yen (EUR/JPY), initially moved to 100.33 and found very strong support there i.e. just above the support zone mentioned by us during the last week.

EUR/JPY Weekly Outlook - Nov 11, 2012

Written By : ForexAbode.com || 2012-11-11 00:00:00 GMT

EUR/JPY Outlook:   Euro-Japanese Yen (EUR/JPY) had a strong fall and went as low as 100.43 before finding a good support there and closing for the week at 101.05. Overall EUR/JPY is caught between the psychological levels of 100.00 and 105.00. It's a big range of 500 pips but till a decisive break on either side does not take place, we would not expect any real directional movement for the currency pair.

EUR/JPY Weekly Outlook - Oct 21, 2012

Written By : ForexAbode.com || 2012-10-21 00:00:00 GMT

EUR/JPY outlook:  Euro-Japanese Yen (EUR/JPY) broke over the mentioned resistance of 102.80 and then moved as we had mentioned during the last weekend. The currency pair went as high as 104.14 before finding resistance ahead of mentioned 104.20 level.

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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