EURJPY - FUNDAMENTAL AND TECHNICAL VIEW
⚠️ EUR DATA OUTLOOK IN THIS WEEK
⛔️ ZEW ECONOMIC SENTIMENT DATA, a very important DATA for the EURO, is scheduled to be released on Tuesday. Also, GERMANY CPI DATA is scheduled to be released. Be careful about that DATA.
⛔️ EUR CPI DATA to be released on Wednesday. Depending on the nature of that DATA, it will definitely affect the EURO on Friday's speech by the ECB PRESIDENT. CPI DATA POSITIVE WILL IMPACT EURO VERY STRONGLY.
⛔️ The ECB PRESIDENT is scheduled to deliver two speeches on Thursday and Friday. Pay attention to it.
⛔️ Pay attention to what he says about EURO INFLATION and INTEREST RATES. You can get SHORT TERM ENTRIES. If those COMMENTS are POSITIVE, they will definitely affect the EURO in a POSITIVE way.
⛔️ Also keep an eye on GERMANY PPI DATA on Friday with CPI DATA and ECB PRESIDENT's speech likely.
⚠️ JPY DATA OUTLOOK IN THIS WEEK.
⛔️ PPI DATA is scheduled to be released on Monday. It will provide some support for the BOJ MEETING on Wednesday.
⛔️ Very important for JPY on Wednesday this week. The BOJ MONETARY POLICY STATEMENT is scheduled to be released. There you should pay attention to whether there is any mention of whether the BOJ is coming out of NEGATIVE INTEREST DATA.
⛔️ CORE CPI Y/Y DATA TO JPY TO BE RELEASED ON FRIDAY. If the BOJ OUTLOOK becomes POSITIVE and the DATA supports it, the JPY may go up slightly for that day.
🔰 Most likely, the PRICE can fall to the 135 LEVEL. After that, the PRICE can move up to 143 LEVEL. 🔰
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