website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Euro / Japanese Yen technical chart
Symbol EURJPY

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 10, 2022 - 21:05
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

  • While the price is below the resistance 140.620, beginning of downtrend is expected.
  • We make sure when the support at 134.226 breaks.
  • If the resistance at 140.620 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

  • While the RSI support #1 at 48 is not broken, the probability of price decrease would be too low.
  • A trough is formed in daily chart at 134.775 on 04/27/2022, so more gains to resistance(s) 137.500 and maximum to Major Resistance (140.620) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 56.

Supports and Resistances:

  1. 140.620
  2. 137.500
  3. 134.226
  4. 130.607
  5. 127.530
  6. 125.000
Click on the level to view price action history.

Symbol Released Current Forecast
Euro / Japanese Yen (EURJPY) Sat, 23 Mar 2024
Euro / Japanese Yen (EURJPY) Sun, 17 Mar 2024
Euro / Japanese Yen (EURJPY) Sat, 9 Mar 2024
Euro / Japanese Yen (EURJPY) Sat, 2 Mar 2024
Euro / Japanese Yen (EURJPY) Sun, 25 Feb 2024