EURJPY Euro - Japan Yen Forecast, Technical & Fundamental Analysis

EURJPY in upward trend: price expected to rise as it breaks its lower Bollinger Band on April 06, 2025

EURJPY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 54 cases where EURJPY's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EURJPY advanced for three days, in of 300 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on April 17, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on EURJPY as a result. In of 118 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for EURJPY turned negative on April 15, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 97 similar instances when the indicator turned negative. In of the 97 cases the stock turned lower in the days that followed. This puts the odds of success at .

The Aroon Indicator for EURJPY entered a downward trend on April 05, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.