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 - Oct 07, 2012

Written By : ForexAbode.com || 2012-10-07 00:00:00 GMT

EUR/JPY outlook:   Euro-Japanese Yen (EUR/JPY) did not break below 99.64 and then moved exactly as we had mentioned during the last weekend. Call it a classic example of 55-day EMA support or the psychological supportive pull of 100.00 which restricted the downward move and took EUR/JPY to as high as 102.80 or 2 pips below the mentioned 102.82 before the pair closed for the week at 102.62.

EUR/JPY Weekly Outlook - Oct 14, 2012

Written By : ForexAbode.com || 2012-10-07 00:00:00 GMT

EUR/JPY Outlook  “If EUR/JPY breaks above 102.02 then we would expect a retest of 103.86. On the downside we expect the first support in the range of 101.80/101.90. Any decisive break below 101.80 should bring another support near 100.10 which would represent 22-day EMA support.

EUR/JPY Weekly Outlook - Sep 30, 2012

Written By : ForexAbode.com || 2012-09-30 00:00:00 GMT

EUR/JPY outlook:   Euro-Japanese Yen (EUR/JPY) had gone as low as 99.64 during the last week but the efforts of breaking below 55-day EMA support could not sustain and the currency pair stayed in volatile sideways mode during the later part of the week.

EUR/JPY Will The Bullish Mood Continue?

Written By : forexabode || 2012-09-26 09:00:29 GMT

EUR/JPY - What to Expect EUR/JPY fell strongly from 103.86. The fall had started before testing the 61.8% retracement of the downward move between April 1st to July 24th. EUR/JPY Daily Chart 1: The fall also took place before testing the mid-term upper trend line resistance. EUR/JPY Weekly Chart: The 5-day EMA has crossed below 22-day EMA to give a bearish signal.

EUR/JPY Weekly Outlook - Sep 09, 2012

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

EUR/JPY Outlook:   Euro-Japanese Yen (EUR/JPY) went as high as 99.18 and as we had mentioned a strong resistance in the range of 99.05 to 99.25, the support came there and the pair went into sideways mode after touching 99.18.

EUR/JPY Weekly Outlook - Aug 26, 2012

Written By : ForexAbode.com || 2012-08-26 00:00:00 GMT

EUR/JPY Outlook:   Euro-Japanese Yen (EUR/JPY) went as high as 99.18 and as we had mentioned a strong resistance in the range of 99.05 to 99.25, the support came there and the pair went into sideways mode after touching 99.18.

EUR/JPY Weekly Outlook - Aug 19, 2012

Written By : ForexAbode.com || 2012-08-19 00:00:00 GMT

EUR/JPY Outlook:   Euro-Japanese Yen (EUR/JPY) broke over 97.81 and then moved towards 98.33 as mentioned by us during last weekend. The currency pair then broke the resistance of 98.33 and went as high as 98.40 before closing for the week at 98.13 i.e. exactly at the lower end of the resistance zone mentioned last weekend.

EUR/JPY Weekly Outlook - Aug 12, 2012

Written By : ForexAbode.com || 2012-08-12 00:00:00 GMT

EUR/JPY Outlook:   Euro-Japanese Yen (EUR/JPY) tried to move up but as expected found the resistance below the 98.00 level mentioned by us last week. The resistance came at 97.81 and EUY/JPY fell from there. The currency pair went as low as 95.72 before closing for the week at 96.20. The resistance came at 55-day EMA as well as just below the resistance of the lower edge of daily Ichimoku cloud.

EUR/JPY Weekly Outlook - Aug 05, 2012

Written By : ForexAbode.com || 2012-08-05 00:00:00 GMT

EUR/JPY Outlook:  Euro-Japanese Yen (EUR/JPY) had a volatile week. The currency pair broke the mentioned support of 95.35 and went as low as 94.92 but jumped up very strongly from there to break the mentioned resistance of 97.33.

EUR/JPY Weekly Outlook - Jul 29, 2012

Written By : ForexAbode.com || 2012-07-29 00:00:00 GMT

EUR/JPY - Fundamentals (Recent economic releases) Outlook of EUR/JPY:  Euro-Japanese Yen (EUR/JPY) went as low as 94.12 before a strong upward jump to 97.33 i.e. just below the second resistance level mentioned by us last week. The currency pair closed for the week at 96.66. Though overall outlook for EUR/JPY stays bearish but the strong upward jump indicates the possibilities for further upward consolidation.

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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