Daily Pivots: (S1) 159.62; (P) 160.71; (R1) 162.44; More…

Intraday bias in EUR/JPY stays on the upside for the moment. Rise from 154.77 is seen as another rising leg in the consolidation pattern from 154.40. Next target is 164.89 resistance. For now, further rally is expected as long as 158.87 support holds, in case of retreat.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction.

Daily Pivots: (S1) 158.86; (P) 159.62; (R1) 160.35; More…

EUR/JPY’s rally resumed by breaking through 161.25 temporary top and intraday bias is back on the upside. Rise from 154.77 is seen as another rising leg in the consolidation pattern from 154.40. Next target is 164.89 resistance. For now, further rise is expected as long as 158.87 support holds, in case of retreat.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction.

Daily Pivots: (S1) 158.86; (P) 159.62; (R1) 160.35; More…

Intraday bias in EUR/JPY remains neutral at this point. Overall development suggests that consolidation pattern from 154.40 is extending with another rising leg. On the upside, break of 161.25 will target 164.89 resistance.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction.

Daily Pivots: (S1) 159.55; (P) 160.15; (R1) 161.03; More…

Intraday bias in EUR/JPY remains neutral for the moment. Overall development suggest that consolidation pattern from 154.40 is extending with another rising leg. On the upside, break of 161.25 will target 164.89 resistance.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction.

EUR/JPY rebounded to as high as 161.25 last week but turned sideway since then. Initial bias remains neutral this week. Overall development suggest that consolidation pattern from 154.40 is extending with another rising leg. On the upside, break of 161.25 will target 164.89 resistance.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction.

In the long term picture, while 175.41 is at least a medium term top, it’s still early to conclude that up trend from 94.11 (2012 low) has completed. A medium term corrective phase is in progress with risk of deeper fall back to 55 M EMA (now at 148.45).

Daily Pivots: (S1) 158.73; (P) 160.01; (R1) 160.88; More…

EUR/JPY retreated after hitting 161.25 and intraday bias is turned neutral again. Rise from 154.77 is seen as another rising leg in the corrective pattern from 154.40. Strong break of 161.17 resistance will affirm this case and target 164.89 resistance next.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction. Next target will be 100% projection of 175.41 to 154.40 from 166.67 at 145.66.

Daily Pivots: (S1) 159.32; (P) 160.03; (R1) 161.32; More…

Intraday bias in EUR/JPY stays on the upside for the moment. Rise from 154.77 is seen as another rising leg in the corrective pattern from 154.40. Further rally should be seen towards 164.89 resistance. On the downside, below 159.52 minor support will turn intraday bias neutral first.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction. Next target will be 100% projection of 175.41 to 154.40 from 166.67 at 145.66.

Daily Pivots: (S1) 156.79; (P) 158.00; (R1) 160.41; More…

EUR/JPY’s rebound from 154.77 resumed and break of 158.45 indicates short term bottoming. Intraday bias is back on the upside. Sustained break of 55 D EMA (now at 159.55) will argue that corrective pattern from 154.40 has started another rising leg, and target 161.17 resistance and above.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction. Next target will be 100% projection of 175.41 to 154.40 from 166.67 at 145.66.

Daily Pivots: (S1) 155.66; (P) 157.07; (R1) 158.21; More…

EUR/JPY reversed after recovery to 158.45 and intraday bias is turned neutral again. On the downside, firm break of 154.40/77 support zone will resume larger fall from 174.51. On the upside, above 158.45 will target 55 D EMA (now at 159.55). Sustained break there will argue that corrective pattern from 154.40 has started another rising leg, and target 161.17 resistance and above.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction. Next target will be 100% projection of 175.41 to 154.40 from 166.67 at 145.66.

Daily Pivots: (S1) 155.00; (P) 156.08; (R1) 157.37; More…

EUR/JPY’s breach of 158.19 resistance suggests short term bottoming at 154.77, ahead of 154.40 key support. Intraday bias is back on the upside for 55 D EMA (now at 159.77). Sustained break there will argue that corrective pattern from 154.40 has started another rising leg, and target 161.17 resistance and above. Nevertheless, below 154.77 will target 154.40 support and below.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction. Next target will be 100% projection of 175.41 to 154.40 from 166.67 at 145.66.

Daily Pivots: (S1) 155.00; (P) 156.08; (R1) 157.37; More…

Intraday bias in EUR/JPY remains neutral and further decline is expected with 158.19 resistance intact. Below 154.77 will target 154.40 key support. Firm break there will confirm resumption of whole decline from 175.41 and target 152.11 fibonacci level next.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction. Next target will be 100% projection of 175.41 to 154.40 from 166.67 at 145.66.

EUR/JPY dipped to 154.77 last week but quickly recovered. Initial bias is turned neutral this week first. Further decline is expected as long as 158.19 resistance holds. Below 154.77 will target 154.40 key support. Firm break there will confirm resumption of whole decline from 175.41 and target 152.11 fibonacci level next.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction. Next target will be 100% projection of 175.41 to 154.40 from 166.67 at 145.66.

In the long term picture, while 175.41 is at least a medium term top, it’s still early to conclude that up trend from 94.11 (2012 low) has completed. A medium term corrective phase is in progress with risk of deeper fall back to 55 M EMA (now at 148.45).

Daily Pivots: (S1) 155.21; (P) 156.22; (R1) 156.77; More…

Intraday bias in EUR/JPY is back on the downside with break of 155.72 support, and deeper fall should be seen to 154.40 key support. Firm break there will confirm resumption of whole decline from 175.41 and target 152.11 fibonacci level next. On the upside, above 157.29 resistance will turn intraday bias neutral again first.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction. Next target will be 100% projection of 175.41 to 154.40 from 166.67 at 145.66.

Daily Pivots: (S1) 155.84; (P) 156.51; (R1) 157.00; More…

Intraday bias in EUR/JPY stays neutral and further decline is expected with 158.19 minor resistance intact. On the downside, firm break of 155.72 will be a strong sign that whole fall from 175.41 is resuming. Retest of 154.40 support should be seen next and firm break there should confirm. However, break of 158.19 resistance will turn bias back to the upside and extend the corrective pattern from 154.40 with another rising leg.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction. Next target will be 100% projection of 175.41 to 154.40 from 166.67 at 145.66.

Daily Pivots: (S1) 156.09; (P) 156.70; (R1) 157.32; More…

No change in EUR/JPY’s outlook and intraday bias stays neutral. On the downside, firm break of 155.72 will be a strong sign that whole fall from 175.41 is resuming. Retest of 154.40 support should be seen next and firm break there should confirm. However, break of 158.19 resistance will turn bias back to the upside and extend the corrective pattern from 154.40 with another rising leg.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction. Next target will be 100% projection of 175.41 to 154.40 from 166.67 at 145.66.

Daily Pivots: (S1) 156.12; (P) 156.69; (R1) 157.29; More…

Intraday bias in EUR/JPY remains neutral for the moment. the downside, firm break of 155.72 will be a strong sign that whole fall from 175.41 is resuming. Retest of 154.40 support should be seen next and firm break there should confirm. However, break of 158.19 resistance will turn bias back to the upside and extend the corrective pattern from 154.40 with another rising leg.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction. Next target will be 100% projection of 175.41 to 154.40 from 166.67 at 145.66.

Daily Pivots: (S1) 155.27; (P) 156.74; (R1) 157.67; More…

Intraday bias in EUR/JPY remains neutral for the moment. On the downside, firm break of 155.72 will be a strong sign that whole fall from 175.41 is resuming. Retest of 154.40 support should be seen next and firm break there should confirm.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction. Next target will be 100% projection of 175.41 to 154.40 from 166.67 at 145.66.

EUR/JPY’s steep decline last week confirmed prior rejection by 55 D EMA (now at 160.47), which is a bearish sign. But downside is contained above 155.72 support so far. Initial bias is neutral this week first. On the downside, firm break of 155.72 will be a strong sign that whole fall from 175.41 is resuming. Retest of 154.40 support should be seen next and firm break there should confirm.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction. Next target will be 100% projection of 175.41 to 154.40 from 166.67 at 145.66.

In the long term picture, while 175.41 is at least a medium term top, it’s still early to conclude that up trend from 94.11 (2012 low) has completed. A medium term corrective phase is in progress with risk of deeper fall back to 55 M EMA (now at 148.45).

Daily Pivots: (S1) 156.30; (P) 157.15; (R1) 157.98; More…

EUR/JPY recovered ahead of 155.72 support and intraday bias is turned neutral again. Overall outlook is unchanged that consolidation pattern from 154.40 might extend further. Above 185.35 minor resistance will bring stronger rebound to 161.17. Nevertheless, firm break of 155.72 support will be a strong sign that whole fall from 175.41 is resuming. Retest of 154.40 support should be seen next and firm break there should confirm.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction.

Daily Pivots: (S1) 157.36; (P) 158.24; (R1) 158.77; More…

Intraday bias in EUR/JPY is back on the downside as fall from 161.17 accelerates lower. Break of 155.72 support will be a strong sign that whole fall from 175.41 is resuming. Retest of 154.40 support should be seen next and firm break there should confirm. Nevertheless, on the upside, above 158.35 minor resistance will turn intraday bias neutral again first, and probably extend the corrective pattern from 154.40 further.

In the bigger picture, price actions from 175.41 are seen as correction to rally from 114.42 (2020 low). Strong support should be seen from 38.2% retracement of 114.42 to 175.41 at 152.11 to contain downside. However, sustained break of 152.11 will bring deeper fall even still as a correction.