#EURJPY
- EURJPY currently has an UPSIDE BIAS. With JPY UP, XXXJPY CURRENCIES are selling very fast right now. The reason is that a JPY INTERVENTION took place on Friday. Somehow it is being RECOVERED again. MARKET RISK is still being OFF. VIX is going UP, currently XXXJPY CURRENCIES are BUYING fast with JPY WEAKNESS. Perhaps the EURJPY 149.69 LEVEL can be reached and BUY higher.
- 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 144.707 LEVEL before BUY. If the MAIN STRUCTURE is BREAK, it should be SELL at 139.686 LEVEL.
- EURJPY currently has an UPSIDE BIAS. With JPY UP, XXXJPY CURRENCIES are selling very fast right now. The reason is that a JPY INTERVENTION took place on Friday. Somehow it is being RECOVERED again. MARKET RISK is still being OFF. VIX is going UP, currently XXXJPY CURRENCIES are BUYING fast with JPY WEAKNESS. Perhaps the EURJPY 149.69 LEVEL can be reached and BUY higher.
- 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 144.707 LEVEL before BUY. If the MAIN STRUCTURE is BREAK, it should be SELL at 139.686 LEVEL.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.