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145.970 -2.3425 (-1.58%)
22:43:54 (GMT)
Bid 145.570
Ask 146.380
Open 146.510
High 147.780
Low 145.680
 

Daily Technical Analysis

The EUR/JPY pair fell hard during the course of the day on Friday, reaching towards the 145 handle. This is an area where we would anticipate seeing a significant amount of support, so therefore we are looking for a supportive...
The EUR/JPY pair initially rallied during the session on Thursday, but turned back around in order to form a little bit of a shooting star. Quite frankly, we like this candle as it should show the market falling from here...
The EUR/JPY pair rose during the course of the day on Wednesday, as the Japanese yen continues to fall in value. We believe that this market is working its way towards the 150 level, so we are buyers on pullbacks...
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Weekly Technical Analysis

The EUR/JPY pair initially tried to rally during the course of the week, but found so much bearish pressure at the 149 level but it turned back around and formed a perfect shooting star. Because of this, we fully anticipate...
The EUR/JPY pair rose during the bulk of the week, finally breaking above the 145 handle. This is a market that looks like it’s ready to continue going much higher, and as a result we are very bullish of it...
More EUR/JPY Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendations: The EUR/JPY gave up 38 points to trade at 147.84 as the yen recovered from its drastic fall this week. Data earlier this week showed the nation’s gross domestic product unexpectedly shrank an annualized 1.6 percent last...
Analysis and Recommendations: The EUR/JPY touching 148.78 adding 71 points as the Japanese yen touched a new low after the release of trade numbers this morning. Exports printed well above forecast indicating that there was a significant problem in the...
Analysis and Recommendations: The EUR/JPY gained 45 points to trade at 146.89 as the yen continues to weaken after the Bank of Japan meeting this morning.  Monday's data showed the world's third-largest economy entered recession in the June-September quarter, BOJ...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendations: The EUR/JPY eased on Friday to...
Weekly Analysis and Recommendations: The EUR/JPY  soared by 1.24 to...
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More EUR/JPY Report

 
Although US data continued on a strong note on Thursday the US dollar traded lower by 0.1%. Upbeat market sentiments which led to decline in demand for the low yielding currency capped sharp upside in the DX. The currency touched an intra-day high of 88.01 and closed...
Late on Wednesday traders were glued to the news headlines waiting for the release of the US Federal Reserve minutes from the late October meeting. The Feds closed out the monetary stimulus program at that meeting as expected. The statement and decision were rather hawkish at that...
The EUR/JPY pair broke higher during the course of the day on Tuesday, showing continued strength in a market that has been very bullish for quite some time. We believe that ultimately this market will go to the 150 level, so we are buyers on dips going...