Daily Pivots: (S1) 129.96; (P) 130.18; (R1) 130.53; More….

Intraday bias in EUR/JPY stays on the upside or the moment. Current rise from 121.63 should target 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next. On the downside, break of 129.02 minor support will turn bias neutral again first.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Next target is 137.49 (2018 high).

EUR/JPY’s up trend resumed by breaking through 129.96 last week, and hit as high as 130.37. Initial bias remains on the upside this week. Current rally from 121.63 should target 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next. On the downside, break of 129.02 minor support will turn bias neutral again first.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Next target is 137.49 (2018 high).

In the long term picture, EUR/JPY is staying in long term sideway pattern, established since 2000. Another rising leg in progress for 137.49 resistance and above.

Daily Pivots: (S1) 129.51; (P) 129.78; (R1) 130.33; More….

EUR/JPY’s up trend resumed by breaking 129.96 and hits as high as 130.29 so far. Intraday bias is back on the upside. Current rise from 121.63 should target 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next. On the downside, break of 129.02 minor support will turn bias neutral again first.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Next target is 137.49 (2018 high).

Daily Pivots: (S1) 129.08; (P) 129.26; (R1) 129.47; More….

EUR/JPY is staying in consolidation from 129.96 and intraday bias remains neutral first. Further rise is expected with 127.48 support intact. On the upside, above 129.96 will resume the up trend from 121.63 to 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next. However, firm break of 127.48 will turn bias to the downside, for deeper decline to 125.07 support.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Sustained trading above 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67 will pave the way to 137.49 resistance next.

Daily Pivots: (S1) 128.85; (P) 129.20; (R1) 129.46; More….

Intraday bias in EUR/JPY remains neutral as consolidation from 129.96 is still extending. Further rise is expected with 127.48 support intact. On the upside, above 129.96 will resume the up trend from 121.63 to 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next. However, firm break of 127.48 will turn bias to the downside, for deeper decline to 125.07 support.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Sustained trading above 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67 will pave the way to 137.49 resistance next.

Daily Pivots: (S1) 128.74; (P) 129.06; (R1) 129.35; More….

Consolidation from 129.96 is still extending and intraday bias in EUR/JPY remains neutral first. Further rise is expected with 127.48 support intact. On the upside, above 129.96 will resume the up trend from 121.63 to 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next. However, firm break of 127.48 will turn bias to the downside, for deeper decline to 125.07 support.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Sustained trading above 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67 will pave the way to 137.49 resistance next.

Daily Pivots: (S1) 128.78; (P) 129.18; (R1) 129.51; More….

Intraday bias in EUR/JPY remains neutral for consolidation below 129.96. With 127.48 support intact, further rise is still expected. On the upside, above 129.96 will resume the up trend from 121.63 to 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next. However, firm break of 127.48 will turn bias to the downside, for deeper decline to 125.07 support.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Sustained trading above 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67 will pave the way to 137.49 resistance next.

EUR/JPY stayed in consolidation below 129.96 last week and outlook is unchanged. Initial bias stays neutral this week for more consolidations. Still further rally is expected with 127.48 resistance turned support intact. On the upside, above 129.96 will resume the up trend from 121.63 to 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next. However, firm break of 127.48 will turn bias to the downside, for deeper decline to 125.07 support.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Sustained trading above 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67 will pave the way to 137.49 resistance next.

In the long term picture, EUR/JPY is staying in long term sideway pattern, established since 2000. Another rising leg in progress for 137.49 resistance and above.

Daily Pivots: (S1) 128.93; (P) 129.28; (R1) 129.65; More….

Intraday bias in EUR/JPY remains neutral and consolidation from 129.96 could extend further. But further rally is expected as long as 127.48 resistance turned support holds. On the upside, above 129.96 will resume the up trend from 121.63 to 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next. However, firm break of 127.48 will turn bias to the downside, for deeper decline to 125.07 support.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Sustained trading above 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67 will pave the way to 137.49 resistance next.

Daily Pivots: (S1) 128.73; (P) 129.10; (R1) 129.45; More….

EUR/JPY is staying in consolidation from 129.96 and intraday bias remains neutral for the moment. Further rally is expected as long as 127.48 resistance turned support holds. On the upside, above 129.96 will resume the up trend from 121.63 to 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next. However, firm break of 127.48 will turn bias to the downside, for deeper decline to 125.07 support.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Sustained trading above 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67 will pave the way to 137.49 resistance next.

Daily Pivots: (S1) 128.42; (P) 128.75; (R1) 129.31; More….

Intraday bias in EUR/JPY remains neutral as consolidation form 129.96 is extending. Further rally is expected as long as 127.48 resistance turned support holds. On the upside, above 129.96 will resume the up trend from 121.63 to 121.63 to 127.48 from 125.07 at 130.92 next. However, firm break of 127.48 will turn bias to the downside, for deeper decline to 125.07 support.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Sustained trading above 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67 will pave the way to 137.49 resistance next.

Daily Pivots: (S1) 128.26; (P) 128.60; (R1) 128.98; More….

EUR/JPY is staying in consolidation from 129.96 and intraday bias remains neutral first. Further rally is expected as long as 127.48 resistance turned support holds. On the upside, above 129.96 will resume the up trend from 121.63 to 121.63 to 127.48 from 125.07 at 130.92 next. However, firm break of 127.48 will turn bias to the downside, for deeper decline to 125.07 support.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Sustained trading above 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67 will pave the way to 137.49 resistance next.

Daily Pivots: (S1) 128.29; (P) 128.91; (R1) 129.26; More….

Intraday bias in EUR/JPY remains neutral and more consolidation could be seen below 129.96. Further rally is expected as long as 127.48 resistance turned support holds. On the upside, above 129.96 will resume the up trend from 121.63 to 121.63 to 127.48 from 125.07 at 130.92 next. However, firm break of 127.48 will turn bias to the downside, for deeper decline to 125.07 support.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Sustained trading above 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67 will pave the way to 137.49 resistance next.

EUR/JPY surged to as high as 129.96 last week but formed a temporary top there since then. Initial bias remains neutral this week first some consolidations first. Further rally is expected as long as 127.48 resistance turned support holds. On the upside, above 129.96 will resume the up trend from 121.63 to 121.63 to 127.48 from 125.07 at 130.92 next. However, firm break of 127.48 will turn bias to the downside, for deeper decline to 125.07 support.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Sustained trading above 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67 will pave the way to 137.49 resistance next.

In the long term picture, EUR/JPY is staying in long term sideway pattern, established since 2000. Another rising leg in progress for 137.49 resistance and above.

Daily Pivots: (S1) 128.73; (P) 129.36; (R1) 129.96; More….

Intraday bias in EUR/JPY is turned neutral with current retreat. Some consolidations could be seen below 129.96 temporary top. But further rally is expected as long as 127.48 resistance turned support holds. On the upside, above 129.96 will resume the up trend from 121.63 to 121.63 to 127.48 from 125.07 at 130.92 next.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Next target is 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67. Sustained trading above there will indicate solid upside momentum and target 137.49 next. This will remain the favored case as long as 125.07 support holds.

Daily Pivots: (S1) 128.09; (P) 128.49; (R1) 129.20; More….

EUR/JPY’s rally resumed by taking out 128.44 and intraday bias is back on the upside. 128.67 long term fibonacci level was taken out already. Further rally should be seen to 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next. On the downside, break of 128.37 minor support will turn intraday bias neutral and bring consolidations again.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Next target is 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67. Sustained trading above there will indicate solid upside momentum and target 137.49 next. This will remain the favored case as long as 125.07 support holds.

Daily Pivots: (S1) 127.68; (P) 127.86; (R1) 128.07; More….

Intraday bias in EUR/JPY remains neutral for consolidation below 128.44 temporary top. Outlook is unchanged that in case of another fall, downside should be contained well above 125.07 support to bring rebound. On the upside, sustained break of 128.67 long term fibonacci level will confirm medium term upside momentum, and target 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Next target is 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67. Sustained trading above there will indicate solid upside momentum and target 137.49 next. This will remain the favored case as long as 125.07 support holds.

Daily Pivots: (S1) 127.41; (P) 127.83; (R1) 128.14; More….

EUR/JPY is staying in consolidation from 128.44 temporary top and intraday bias remains neutral. Deeper retreat cannot be ruled out. But downside should be contained well above 125.07 support to bring another rally. On the upside, sustained break of 128.67 long term fibonacci level will confirm medium term upside momentum, and target 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Next target is 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67. Sustained trading above there will indicate solid upside momentum and target 137.49 next. This will remain the favored case as long as 125.07 support holds.

Daily Pivots: (S1) 127.54; (P) 127.86; (R1) 128.07; More….

Intraday bias in EUR/JPY remains neutral for consolidations below 128.44 temporary top. Deeper retreat cannot be ruled out. But downside should be contained well above 125.07 support to bring another rally. On the upside, sustained break of 128.67 long term fibonacci level will confirm medium term upside momentum, and target 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Next target is 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67. Sustained trading above there will indicate solid upside momentum and target 137.49 next. This will remain the favored case as long as 125.07 support holds.

EUR/JPY’s up trend resumed last week and surged to as high as 128.44. As a temporary top was formed there, initial bias is neutral for some consolidations first. Deeper retreat cannot be ruled out. But downside should be contained well above 125.07 support to bring another rally. On the upside, sustained break of 128.67 long term fibonacci level will confirm medium term upside momentum, and target 100% projection of 121.63 to 127.48 from 125.07 at 130.92 next.

In the bigger picture, rise from 114.42 is seen as a medium term rising leg inside a long term sideway pattern. Further rise is expected as long as 125.07 support holds. Next target is 61.8% retracement of 137.49 (2018 high) to 114.42 at 128.67. Sustained trading above there will indicate solid upside momentum and target 137.49 next. This will remain the favored case as long as 125.07 support holds.

In the long term picture, EUR/JPY is staying in long term sideway pattern, established since 2000. Another rising leg could have started for 137.49 resistance and above.