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Eurjpyforecast

EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY - Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUY very fast in previous weeks with JPY WEAK after BOJ MEETING. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW. - Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK. EURJPY can be SELL at 140.104 level before BUY. After that you can BUY at 147.15 LEVEL. If the MAIN STRUCTURES BREAK anyway, the EURJPY price can definitely be BUY at 147.15 LEVELS.
by benny_marshall
#EURJPY- LONG EXPECTING CLEAN MOVE-Due to weaker DXY, JPY dominated the last few days, price have dropped significantly, however. expecting bullish pattern to occur on DXY and that will help JPY pairs to fill up the liquidity voided area. -As it described on the chart that price may come down to 137.60 region to retest that area and then bounce from there, however, it may not come down to that region and just continue the bullish momentum from today's close. -Long term view on EURJPY is bearish, in our opinion price have significantly shown bullish impulse and has taken price to an extreme and exhausted level, longer term it should come down to 130. -What you all think?
Long
by Setupsfx_
20
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. 🔰
by benny_marshall
1
EurJpy- Bulls need 139.50 zone intactJpy has started the year very weak and, in EurJpy's case, reversed strongly from 137.50 support( visible on the daily chart). After breaking above 141.50 resistance on Monday, the pair continued its rise and reached the very important resistance zone from 143. An immense 250 pips drop followed this rise yesterday, and the pair is trading now at 140 Considering the strong reversal from the bottom, I maintain my idea that a resumption of the long-term trend is possible, and for this scenario to remain intact bulls need to stay above 139.50 support
Long
by Mihai_Iacob
18
The EURJPY ends the decline – AnalysisThe EURJPY pair hinted getting rid of the domination of the bearish bias by forming correctional bullish rally, to surpass 138.80 barrier and achieve some gains by touching 140.75 level. I notice that stochastic begins to provide the positive momentum, while I assure the importance of monitoring the price now and wait to surpass 140.95 to avoid any sideways fluctuation, to target new positive stations that might start at 141.55 and 142.20.
Long
by eltonmorningstar
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY - Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW. - Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK. EURJPY can sell at 138.844 level before BUY. After that you can BUY at 147.15 LEVEL. If the MAIN STRUCTURES BREAK anyway, the EURJPY price can definitely be BUY at 147.15 LEVELS.
by benny_marshall
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY - Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW. - Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK. EURJPY can sell at 143.02 level before buying. After that you can BUY at 148.156 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY price can definitely be BUY at 147.137 LEVELS.
by benny_marshall
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY - Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW. - Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK. EURJPY can sell at 142.544 level before BUY. After that you can BUY at 147.137 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY price can definitely be BUY at 147.137 LEVELS.
by benny_marshall
EUR/JPY Long Trade UpdateHey Guys! The current eur/jpy weekly bias is short. Or in other words, price is likely to reach 124.41 before reaching 148.44. So if I get a pullback to the 147.44 price level, I'm willing to take a short entry with a stop loss at 148.44 and its main target at 124.41. That said, since this pair has overarching long strength on it, I am ultimately waiting for long confirmation for this pair. In this post I explain the reasoning for my decisions. That's it ! I'll keep you guys updated! Have a great day! Ken
Long
by TradingForexPriceAction
1
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY - Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW. - Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK. EURJPY can sell at 141.070 level before BUY. After that you can BUY at 150.00 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY price can definitely be BUY at 147.00 LEVELS.
by benny_marshall