- Analytics
- News and Tools
- Market News
- EUR/JPY seen at 149 in three months – Rabobank
EUR/JPY seen at 149 in three months – Rabobank
Economists at Rabobank share their USD/JPY and EUR/JPY forecasts.
Fibonacci retracement at EUR/JPY 151.30 is key support
Our forecast of USD/JPY 138 on a three-month view assumes that speculation of further potential tweaks by the BoJ remains, though we expect that progress will be slow on this front.
We see the EUR/JPY pair at 149 in three months. EUR/JPY broke below trendline support on the back of the ECB’s dovish hike in late July. The Fibonacci retracement at EUR/JPY 151.30 is key support.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
