EUR/JPY Daily and Hourly Charts

 

EUR/JPY Hourly Chart

EUR/JPY Daily Chart

EUR/JPY Analysis: 

Euro - Japanese Yen Exchange Rate: 111.19 (at the time of analysis update).
 
EUR/JPY Outlook: Short-term: Sideways/Down. Near-term: Up/Volatile sideways.

EUR/JPY Analysis (December 21, 2012): There is no good trade configuration considering the risk-reward ratio and hence we are not taking any position.

Previous Analysis (December 20, 2012): A buy position at 111.45 with a stop-loss at 111.20 (-25 pips) and take-profit target first at 111.75 (+30 pips) and then 112.15 (+70 pips).  

Note: Please also take a look at EUR JPY outlook for mid-term term trading approach/outlook updated on the weekends for EURJPY. 
            
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EUR/JPY Interest Rate Comparison
(For Carry Trades)
Euro interest rate
0.75%
JPY interest rate
0.10%
EUR/JPY interest rate comparision
0.65%

 

EUP/JPY : Resistance and Support with Daily Pivot Points (Values at GMT 00:00)

Last Updated (Friday, 21 December 2012 04:17) GMT

 

EUR/JPY's Correlation with other currency majors:

 

EUR/JPY Correlation Values:

 

EUR/JPY Correlation Graph:

 

 

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