{{val.symbol}}
{{val.value}}

Trading signals and online forecasts EUR/JPY

IndexaCo Signals Marketplace - trading signals with real-time results on the financial markets from professional traders

Forex Technical Analysis for EUR/JPY, AUD/USD, GBP/JPY & USD/CAD on November 16
AUD/USD, currency, USD/CAD, currency, EUR/JPY, currency, GBP/JPY, currency, Forex Technical Analysis for EUR/JPY, AUD/USD, GBP/JPY & USD/CAD on November 16 Technical analysis for the EUR/JPY currency pairOn the daily chart, there was a rebound to the resistance level of 145.65 (near the September high). The pair's recovery above the level of 144.30 makes the bearish picture less obvious, since 144.30 was the upper limit of the range from mid-October 144.30-147.35. The pair's recovery above this level can be considered as a return to the range from mid-October 144.30-147.35, in this case, a decline below 144.30 looks like a false breakdown down. As part of the movement in a narrower range, the growth is likely to continue at the upper limit at 147.35. In the broader perspective, the decline is likely to resume. The sequence of decreasing relative highs and lows is preserved.On the four-hour chart, the level of 144.30 is already a support. The last relative minimum was higher than the previous one, and the decline may have been stopped. The pair has been in the lower half of the range since the second half of October. If the resistance was overcome at 145.65, the next target would be the level of 147.35. According to directional movement indicators, the situation is approximately neutral: a slight excess of DM- over DM+, about when the MACD histogram is in the positive zone and the positive slope of the MACD line. The resistance at 145.65 is strong, and when approaching it, the pair slowed down. This does not support the assumption of a breakout of this level now.Resistance levels: 145.65; 147.35Support levels: 144.30; 142.70Technical analysis for the AUD/USD currency pairOn the daily chart, the pair continued to grow. It is important to consolidate above the "round" level of 0.6700 (at the lows of June and early September). There are no signs of weakening of the upward movement yet. The trend is strengthening, judging by directional movement indicators: the excess of DM+ over DM- is increasing, the MACD histogram is growing in a positive zone, the MACD line has a positive slope. The probability of a rollback now increases the achievement of the goal of the measured movement equal to the size of the head-shoulders model in late September - early November, it was about 300 points, which, with a neck line of 0.6500, corresponds to 0.6800. However, even if there is a correction, in general, continued growth is now preferable.On the four-hour chart, the pair may be approaching the beginning of a correction. Growth will slow down, as can be seen by the decrease in the slope of the chart. The formation of candles with upper shadows near the resistance at 0.6800 and candles close to doji rather indicates a weakening of support for growth. A bearish divergence of the pair's highs and the MACD histogram was formed. There were no significant corrections from 0.6400, and the movement of 400 points without correction is large for the pair. With a pullback, strong support may be at the nearest "round" level of 0.6700.Resistance level: 0.6800Support levels: 0.6760; 0.6700Technical analysis for the GBP/JPY currency pairOn the daily chart, the pair's upward rebound is limited by the resistance level of 165.75. So far, it seems more likely that the decline will continue: the sequence of declines in the relative highs and lows of the pair is not broken, a candle close to a "shooting star" on Tuesday and close (so far) to doji on Wednesday are not characteristic of a reversal. According to directional movement indicators, the trend is downward: DM is above DM+, although at a low ADX level, the MACD histogram is in the negative zone, the MACD line has a negative slope.On the four-hour chart, testing resistance at 165.75 seems to end with a pullback from this level. The pair is located near the short-term trend line (it can also be considered as the lower boundary of the triangle formed by this line and the level of 165.75). The exit of their triangle downwards corresponds to a broader downward trend and would make the level of 163.80 the nearest target (support on November 11-14).Resistance levels: 165.75; 167.60Support levels: 164.50; 163.80Technical analysis for the USD/CAD currency pairOn the daily chart, the decline continued after a sharp decline from 0.6500 (the lower limit of the range since the end of September). The growth stopped at the level of 1.3200, which is the target of the measured movement, based on the head-shoulders model from the end of September, where the breakthrough of 0.6500 was overcoming the neck line. Thus, the probability of an upward rebound increases here. Support at 1.3200 is also strengthened by the fact that the "round" level, and there were highs in late August and early September. A bullish divergence of the lows of the pair and the MACD histogram was formed. Nevertheless, in general, the continuation of the decline is preferable, since the trend is strong.    On the four-hour chart, after the decline, the pair stabilized above the "round" level of 1.3200. Now it is in the range of 1.3200-1.3300. According to ADX, the decline is a strong trend: the excess of DM- over DM+ is large at a high level of ADX. The probability of an upward rebound from 1.3200 increases the formation of a previously bullish divergence of the pair's lows and the MACD histogram. Further movement is likely to be in the direction of the pair's exit from the range of 1.32-1.33.Resistance levels: 1.3300; 1.3400Support levels: 1.3200; ...
Read
EUR/JPY - Forex Technical Analysis for the EURJPY on November 10
EUR/JPY, currency, EUR/JPY - Forex Technical Analysis for the EURJPY on November 10 On the daily chart the pair is going down from the strong resistance level of 147.35, thus this level has strengthened even more, as one more maximum is formed near it. Within the range from the middle of October 144.30-147.35 we should expect decrease to the bottom border, which earlier was the upper border of a wider range.EUR/JPY - Forex Technical Analysis for the EURJPYOn the four-hour chart after consolidation below 147.35 the pair moved downward, and it probably will continue to the lower boundary of the range, at 144.30. Prior to the transition to the reduction, there was a bearish divergence of maximums of the pair and the MACD histogram. On indicators of the directed movement pair passes to decrease: DM- now above DM +, the histogram of MACD decreases already in a negative zone, the MACD line has a weak negative slope.Read more: Using the MACD indicator in forex tradingResistance level: 147,35Support levels: 145,65; ...
Read
EUR/JPY - Forex Technical Analysis for the EURJPY on November 8
EUR/JPY, currency, EUR/JPY - Forex Technical Analysis for the EURJPY on November 8 On the daily chart, the bounce up from the support level of 144.30 was limited by the strong resistance at 147.35, a level that withstood repeated testing in October. The rise in the pair, however, forms the anticipated 144.30-147.35 range, as both of these boundaries have proven to be strong support and resistance. As part of the move in this range, a decline to the lower boundary at 144.30 seems more likely. If we consider the growth from 144.30 as an upward correction after the pair's exit from the ascending channel from the end of September, with the approach to the previously overcome trend line, the resumption of growth is also more probable.EUR/JPY - Forex Technical Analysis for the EURJPYOn the four-hour chart the pair's decline started before testing the 147.35 level, this increases the probability of a return to the starting point of growth at 144.30, because if the support for growth was strong now, the 147.35 level would be tested. The formation of a small top is another bearish signal.Resistance levels: 147.35Support levels: 145,65; 144,30Read more: Technical analysis on the forex ...
Read
EUR/JPY - Forex Technical analysis for the currency pair EURJPY on November 4
EUR/JPY, currency, EUR/JPY - Forex Technical analysis for the currency pair EURJPY on November 4 On the daily chart the pair after closing below the trend line since late September reached the important support level of 144.30, the upper boundary of the channel from late May to mid-October. If the pair returns to the channel the decline may be more significant, the next strong support is seen at 141.40, but before that it needs to consolidate below 144.30. The pair's relative highs and lows are now declining - this is another signal of a possible reversal.EUR/JPY - Forex Technical analysis for the currency pair EURJPYOn the four-hour chart the decline has stopped at the strong support level of 144.30, and on November 3 and 4 consolidation in a narrow range above this level continues. The lack of a rebound upward may be a bearish signal, as it shows the lack of support even for a corrective move when the strong level is reached. On the other hand, the fact that the test so far has been unsuccessful reinforces the support at the level. Further prospects will probably depend on whether the pair overcomes the level of 144.30: if so, we should expect a continuation of the decline, a rebound can lead the pair to the nearest resistance at 145.65, and, as it is close, and to a return to the range of the second half of October 145.65-147.35.  On indicators of the directional movement correction to the decline: DM- exceeding DM + is large, the ADX level rose, the correction is visible on the MACD line reversal and growth of the MACD histogram.Read more: The history of the origin of the Forex marketResistance levels: 145.65; 147.35.Support levels: 144,30; ...
Read
EUR/JPY - Forex Technical Analysis for the EURJPY currency pair on November 2
EUR/JPY, currency, EUR/JPY - Forex Technical Analysis for the EURJPY currency pair on November 2 On the daily chart there was a close below the trend line and the pair continues to decline on Wednesday. Although the outcome of the day could change a lot due to the Fed meeting, if the pair stays below the trend line (and thus the uptrend channel), it makes a continuation of the decline more likely. The nearest target in this case is seen as a strong support at 144.30. Decrease below the current level would also break the sequence of growth of the pair's relative lows.EUR/JPY - Forex Technical Analysis for the EURJPY currency pairOn the four-hour chart the overcoming of the trend line is seen better. Thus, the pair went down from the triangle, which was formed by the trend line and the resistance level 147.35. However, so far the pair has not moved below the support level of 145.65, if we look at the range since October 17. Considering that there was no upward movement after testing this level, the pair is likely to overcome the level of 145.65 and the decline will continue. From the fundamental point of view, the near-term outlook may be determined by the reaction to the Fed meeting, and this may radically change the technical picture. On the ADX pair has moved downward: DM-over DM+ has become significant, the ADX level is recovering.Resistance levels: 147.35Support levels: 145.65; 144.30If you are interested in EUR/JPY analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest EUR/JPY forecasts and signals contain support and resistance levels, as well as stop-loss ...
Read
EUR/JPY - Forex Technical Analysis of the EURJPY on October 31
EUR/JPY, currency, EUR/JPY - Forex Technical Analysis of the EURJPY on October 31 On the daily chart the pair returned to the resistance level of 147.35, getting support at the trend line (lower border of the ascending channel) and at the level of 145.65 (near the September maximum). Closing above the resistance at 147.35 may open the way for further growth of the pair. Given that the resistance level has been tested for a long time, a breakout could be strong.EUR/JPY - Forex Technical Analysis of the EURJPYOn the four-hour chart, the pair is close to exiting the triangle formed by the trend line and resistance at 147.35. The pair is above the resistance again, but so far it has not consolidated above it. The more likely direction of exit from the triangle seems to be up, as it corresponds to the broader trend and the triangle is pointing upwards.Resistance levels: 147.35Support levels: 146,00; 145,75If you are interested in EUR/JPY analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest EUR/JPY forecasts and signals contain support and resistance levels, as well as stop-loss ...
Read
EUR/JPY - Forex technical analysis for the currency pair EURJPY on October 27
EUR/JPY, currency, EUR/JPY - Forex technical analysis for the currency pair EURJPY on October 27 On the daily chart the pair fell from the resistance level of 147.35, but it remains above the uptrend line, and thus remains in an uptrend channel since late September. The support on the trend line is reinforced by approaching the support level of 145.65 (at the September high). On this basis, a return to testing 147.35 seems more likely. If the pair will overcome the support at 145.65 and the trend line, it will change the picture.  On indicators of the directed movement correction to growth: DM + above DM - remains, the MACD line has a slope, correction is visible on decrease in the MACD histogram.EUR/JPY - Forex technical analysis for the currency pair EURJPYOn the four-hour chart the pair remained in the channel 145.65-147,35, the pair is in this range since October 17. Approaching to the lower boundary led to the suspension of decline, and based on the movement in the channel, now growth to the upper boundary is more likely.Resistance level: 147.35.Support levels: 146,00; 145,75If you are interested in EUR/JPY analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest EUR/JPY forecasts and signals contain support and resistance levels, as well as stop-loss ...
Read
EUR/JPY - Forex technical analysis for the currency pair EURJPY on October 25
EUR/JPY, currency, EUR/JPY - Forex technical analysis for the currency pair EURJPY on October 25 On the daily chart at the intervention of the Japanese authorities to support the yen on Friday the pair fell to the lower boundary of the upward channel since late September. After that the pair regained back to the resistance level of 147.35. As the intervention on the yen repeated, the resistance at 147.35 strengthens, and now the pair's movement can be mainly determined by the euro exchange rate. As the pair remained in the ascending channel and the trend line acted as support, in general the upward trend is preserved, but for its continuation it is necessary to close above 147.35.  On indicators of the directed movement correction to growth: excess of DM + above DM - remains, the MACD line keeps a slope, correction is visible on decrease in the histogram of MACD.EUR/JPY - Forex technical analysis for the currency pair EURJPYOn the four-hour chart you can consider a channel 145.65-147,35, the pair is in this range since October 17, with only short-term exits outside its borders. Based on the movement in the range, now the pair can go down from the upper boundary to the lower one, as it has already gone down and there is a small flat top. Considering that the resistance at 147.35 is strong, and a decline from this level at the moment is more likely than overcoming it.Resistance level: 147.35Support levels: 146,00; 145,75If you are interested in EUR/JPY analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest EUR/JPY forecasts and signals contain support and resistance levels, as well as stop-loss ...
Read
Message sent successfully.
We will contact you soon!