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Eurjpyforecast

EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY - EURJPY currently has an UPSIDE BIAS. With JPY WEAKNESS, XXXJPY CURRENCIES are being BUYED very fast right now. MARKET RISK is still being OFF. VIX IS DOWN, XXXJPY CURRENCIES BUY VERY FAST WITH JPY WEAKNESS. Maybe the EURJPY 147.69 LEVEL can be reached and BUY higher.. 147.69 is a very good resistance 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. We have no more confirmation that the EURO is likely to be WEAK. EURJPY can sell at 140.110 level before BUY.
by benny_marshall
EURJPY ShortAccording to the higher timeframes (W,M), the price has been forming a rising channel / flag, which might be a major indication of a bearish momentum. Also, according to the market sentiment, 65% of the traders are net short and the percentage is decreasing each week, suggesting many are shifting to the long term position of the price. According to how I interpret this, then the price will have a bearish momentum, to move out of favour for the traders who are shifting to the bullish strategy. My long term strategy is 134.3, and the next series of analysis will be to come up with entry positions using smaller timeframes.
Short
by Vapari_Inc
1
EUR/JPY Long Trade UpdateHey 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. As of today, there is a possibility that the weekly bias may go back to long. In this post I explain the reasoning behind the long entry and the possible confirmation of the weekly bias reverting back to long for the long entry. That's it! I'll keep you guys updated! Ken Disclaimer: This is not Personal Financial Advice.
Long
by TradingForexPriceAction
1
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
EURJPY: Dips keep getting bought!EURJPY Intraday - We look to Buy at 142.80 (stop at 141.80) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 145.80 and 147.25 Resistance: 147.25 / 151.00 / 155.00 Support: 144.30 / 141.70 / 138.85 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