Daily Pivots: (S1) 140.06; (P) 141.04; (R1) 142.94; More….

Intraday bias in EUR/JPY is turned neutral first as it recovered notably after dipping to 139.11. Risk stays on the downside as long as 4 hour 55 EMA (now at 143.01) holds. Fall from 145.55 is seen as the third leg of the whole correction from 148.38 high. Below 139.11 will target 137.37 low, and then 135.40 fibonacci level.

In the bigger picture, as long as 55 week EMA (now at 139.54) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 138.74; (P) 141.86; (R1) 144.23; More….

Intraday bias in EUR/JPY remains on the downside for the moment. Fall from 145.55 is seen as the third leg of the whole correction from 148.38 high. Deeper decline would be seen to for retesting 137.37 low, and then 135.40 fibonacci level. On the upside, above 142.14 minor resistance will turn intraday bias neutral first, and could bring recovery. But near term risk will remain on the downside as long as 4 hour 55 EMA (now at 143.47) holds

In the bigger picture, as long as 55 week EMA (now at 139.54) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 142.92; (P) 143.67; (R1) 144.79; More….

EUR/JPY’s steep decline today and strong break of 141.36 confirms resumption of the decline from 145.55. The development also solidify the case that whole correction from 148.38 is in its third leg. Intraday bias is back on the downside for retesting 137.37 low, and then 135.40 fibonacci level. For now, risk will stay heavily on the downside as long as 141.36 resistance holds.

In the bigger picture, as long as 55 week EMA (now at 139.54) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 142.92; (P) 143.67; (R1) 144.79; More….

Intraday bias in EUR/JPY stays neutral for the moment. On the upside, firm break of 145.55 resistance will resume the rise from 137.37. That would also revive the case that correction from 148.38 has completed. Bias will be turned back to the upside for retesting 148.38 high. On the downside, however, break of 141.36 will bring another decline to 139.54 support.

In the bigger picture, as long as 55 week EMA (now at 139.54) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 141.46; (P) 142.93; (R1) 144.47; More….

EUR/JPY recovered notably after dipping to 141.36 and intraday bias is turned neutral first. Outlook is unchanged that fall from 145.55 is probably developing into the the third leg of the corrective pattern from 148.3. Risk will stay on the downside as long as 145.55 resistance holds. Below 141.36 will target 139.54 support first. Firm break there will target a retest on 137.37 next.

In the bigger picture, as long as 55 week EMA (now at 139.54) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 142.99; (P) 144.05; (R1) 144.74; More….

EUR/JPY’s break of 142.13 support argues that rebound from 137.37 has completed at 145.55 already. Fall from 145.55 could be developing into the third leg of the corrective pattern from 148.38. Intraday bias is back on the downside for 139.54 support first. Firm break there will target a retest on 137.37 next. On the upside, above 142.94 minor resistance will turn intraday bias neutral first.

In the bigger picture, as long as 55 week EMA (now at 139.54) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 142.99; (P) 144.05; (R1) 144.74; More….

Intraday bias in EUR/JPY remains neutral for the moment and consolidation from 145.55 could extend. Further rally is expected as long as 142.13 support holds. Corrective fall from 148.38 has completed at 137.37 already. Break of 145.55 will resume the rise from 137.37 to 146.71 resistance and then 148.38 high.

In the bigger picture, as long as 55 week EMA (now at 139.54) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

EUR/JPY stayed in consolidation below 145.55 last week and outlook is unchanged. Initial bias remains neutral this week first. Further rally is expected as long as 142.13 support holds. Corrective fall from 148.38 has completed at 137.37 already. Break of 145.55 will resume the rise from 137.37 to 146.71 resistance and then 148.38 high.

In the bigger picture, as long as 55 week EMA (now at 139.54) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

In the long term picture, outlook will stay bullish as long as 134.11 resistance turned support holds (2021 high). Sustained break of 149.76 (2014 high) will open up further rally, as resumption of the rise from 94.11 (2012 low), towards 169.96 (2008 high).

Daily Pivots: (S1) 143.51; (P) 144.20; (R1) 144.77; More….

Intraday bias in EUR/JPY remains neutral for the moment. Further rally is expected as long as 142.13 support holds. Corrective fall from 148.38 has completed at 137.37 already. Break of 145.55 will resume the rise from 137.37 to 146.71 resistance and then 148.38 high.

In the bigger picture, as long as 55 week EMA (now at 139.42) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 144.29; (P) 144.77; (R1) 145.29; More….

Intraday bias in EUR/JPY stays neutral and outlook is unchanged. Further rally is expected as long as 142.13 support holds. Corrective fall from 148.38 has completed at 137.37 already. Break of 145.55 will resume the rise from 137.37 to 146.71 resistance and then 148.38 high.

In the bigger picture, as long as 55 week EMA (now at 139.42) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 144.35; (P) 144.90; (R1) 145.23; More….

Intraday bias in EUR/JPY remains neutral as consolidation from 145.55 is extending. Further rally is expected as long as 142.13 support holds. Corrective fall from 148.38 has completed at 137.37 already. Break of 145.55 will resume the rise from 137.37 to 146.71 resistance and then 148.38 high.

In the bigger picture, as long as 55 week EMA (now at 139.42) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 144.42; (P) 144.90; (R1) 145.68; More….

EUR/JPY is staying in consolidation below 145.55 and intraday bias remains neutral. Further rally is expected as long as 142.13 support holds. Corrective fall from 148.38 has completed at 137.37 already. Break of 145.55 will resume the rise from 137.37 to 146.71 resistance and then 148.38 high.

In the bigger picture, as long as 55 week EMA (now at 139.42) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 144.14; (P) 144.59; (R1) 144.88; More….

Intraday bias in EUR/JPY remains neutral for the moment. Further rally is expected as long as 142.13 support holds. Corrective fall from 148.38 has completed at 137.37 already. Break of 145.55 will resume the rise from 137.37 to 146.71 resistance and then 148.38 high.

In the bigger picture, as long as 55 week EMA (now at 139.42) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

EUR/JPY’s rise rally resumed and hit 145.55 last week but retreated. Initial bias remains neutral this week first. Further rally is expected as long as 142.13 support holds. Corrective fall from 148.38 has completed at 137.37 already. Break of 145.55 will resume the rise from 137.37 to 146.71 resistance and then 148.38 high.

In the bigger picture, as long as 55 week EMA (now at 139.42) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

In the long term picture, outlook will stay bullish as long as 134.11 resistance turned support holds (2021 high). Sustained break of 149.76 (2014 high) will open up further rally, as resumption of the rise from 94.11 (2012 low), towards 169.96 (2008 high).

Daily Pivots: (S1) 144.62; (P) 145.09; (R1) 145.41; More….

EUR/JPY lost momentum quickly after edging higher to 145.55 and intraday bias is turned neutral first. Further fall is expected as long as 142.13 support holds. Corrective fall from 148.38 has completed at 137.37 already. Break of 145.55 will resume the rise from1 37.37 to 146.71 resistance and then 148.38 high.

In the bigger picture, as long as 55 week EMA (now at 139.42) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 144.39; (P) 144.88; (R1) 145.79; More….

EUR/JPY’s rally resumed after brief retreat and intraday bias is back on the upside. Corrective fall from 148.38 has completed at 137.37 already. Rise from there should target 146.71 resistance and then 148.38 high. On the downside, below 143.86 will turn intraday bias neutral again. But outlook will stay cautiously bullish as long as 142.13 support holds.

In the bigger picture, as long as 55 week EMA (now at 139.42) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 143.48; (P) 144.48; (R1) 145.07; More….

EUR/JPY retreated after rising to 145.46 and intraday bias is turned neutral first. But further rally is expected as long as 142.13 support holds. Corrective fall from 148.38 has completed at 137.37 already. Break of 145.46 will resume the rally from 137.37 to 146.71 resistance and then 148.38 high.

In the bigger picture, as long as 55 week EMA (now at 139.42) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 143.88; (P) 144.22; (R1) 144.86; More….

EUR/JPY’s rally continues to as high as 145.20 so far and intraday bias remains on the upside. Corrective fall from 148.38 has completed at 137.37 already. Rise from 137.37 should target 146.71 resistance and then 148.38 high. On the downside, below 144.15 minor support will turn intraday bias neutral and bring consolidations. But outlook will stay cautiously bullish as long as 142.13 support holds.

In the bigger picture, as long as 55 week EMA (now at 139.42) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 143.88; (P) 144.22; (R1) 144.86; More….

EUR/JPY’s rebound from 137.37 resumed by breaking through 144.15 resistance. Intraday bias is back on the upside. As noted before, corrective fall from 148.38 has completed at 137.37 already. Further rise should be seen to 146.71 resistance and then 148.38 high. For now, outlook will stay cautiously bullish as long as 142.13 support holds, in case of retreat.

In the bigger picture, as long as 55 week EMA (now at 139.21) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.

Daily Pivots: (S1) 142.72; (P) 143.37; (R1) 144.58; More….

Intraday bias in EUR/JPY remains neutral as range trading continues. Outlook is unchanged that corrective fall from 148.38 has completed at 137.37 already. Above 144.15 will resume the rally form 137.37 to retest 148.38 high. Nevertheless, break of 142.13 and sustained trading below 55 day EMA (now at 142.14) will dampen this bullish view and bring deeper fall back towards 137.37 low.

In the bigger picture, as long as 55 week EMA (now at 139.21) holds, larger up trend from 114.42 (2020 low) is still in progress for 149.76 long term resistance. However, firm break of 55 week EMA will bring deeper fall to 38.2% retracement of 114.42 to 148.38 at 135.40. Sustained break there will raise the chance of trend reversal, and target 61.8% retracement at 127.39.