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Eurjpyanalysis

EUR/JPY Long TradeHey Guys! The current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 124.38 before reaching 145.63. However, like I've been mentioning over the last couple months, the EurJpy has overarching long strength, thus I am waiting for the weekly bias to revert back to long so I can take a long entry. In this post I explain the reasoning behind the long entry as well as what I'll be looking for, for the long entry. That's it! I'll keep you guys updated! Ken
Long
by TradingForexPriceAction
3
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY - There is currently a DOWNSIDE BIAS for EURJPY. With JPY being STRONG, XXXJPY CURRENCIES are selling very fast right now. MARKET RISK is still being OFF. EVEN IF VIX UP, XXXJPY CURRENCIES BUY VERY FAST WITH JPY WEAKNESS. Maybe EURJPY can reach 138.651 LEVEL and it has gone down.. 138.65 is a very good SUPPORT LEVEL.. - Some NEWS coming for the USD will help to weaken or strengthen the EURO. 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. - Anyway, the price can move to the area I mentioned and after that the EURJPY price can move back to the 147.692 LEVEL. For that, VIX should be DOWN and JPY should be WEAK.
by benny_marshall
EURJPY | Very Risky Scenario That Can Develop These DaysEURJPY | Very Risky Scenario That Can Develop These Days In this chart I have presented a very risky scenario that can develop today and tomorrow probably considering the time frame of the chart. It is very risky as the trend is very bullish and this is going to be only a small correction compared to the bigger picture. I am not a big fun of selling XXXJPY pairs right now as the BOJ is actually not reacting at all and that is not good. The trading scenario is on the chart! Thank you and Good Luck!
Short
by KlejdiCuni
30
Juicy short opportunity if EUR/JPY respects this resistanceOn the back of a very weak Japanese Yen(JPY), EUR/JPY has strongly rallied to the 142.20 resistance level. However, there could be a very strong pullback on the cards if EUR/JPY respects this resistance. As long as price doesn't break the resistance, sell entries would have very good potential in my opinion. I would be looking to sell EUR/JPY@143.80-144.20, SL placed moderately above resistance with targets at 142, 140.50 and 138 respectively.
Short
by YourLazyTrader
10
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY - EURJPY currently has an UPSIDE BIAS. With JPY WEAKNESS, XXXJPY CURRENCIES are BUYING very fast right now. EVEN IF VIX UP, XXXJPY CURRENCIES BUY VERY FAST WITH JPY WEAKNESS. Maybe it can reach 143.711 LEVEL. 143.711 is a very good resistance limit. - Some NEWS coming for the USD will help to weaken or strengthen the EURO. But if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. - Anyway, the price can move to the area I mentioned and after that the EURJPY price can move back to the 137.06 LEVEL. For that VIX should be UP and JPY should be STRONG. eurjpy
by benny_marshall
11
EURJPY: Dips keep getting bought!EURJPY Intraday - We look to Buy at 141.30 (stop at 140.35) We are trading at overbought extremes. A lower correction is expected. With the Ichimoku cloud support below we expect dips to be limited. We look to buy dips. Our profit targets will be 144.10 and 144.30 Resistance: 144.30 / 147.25 / 151.00 Support: 141.70 / 138.85 / 135. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets