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EURJPY

EURJPY ANALYSIS ON H4 CHART.Overall, EUR/JPY is ranging across. The French flash PMI data will be released later at 1615 (SGT). French Flash Manufacturing PMI (Forecast: TBA, Previous: 55.6 revised from 54.9) French Flash Service PMI (Forecast: TBA, Previous: 57.0 revised from 57.1) The German Flash PMI data will be released later at 1630 (SGT). German Flash Manufacturing PMI (Forecast: TBA, Previous: 57.4 revised from 57.9) German Flash Services PMI (Forecast: TBA, Previous: 48.7 revised from 48.4) The eurozone flash PMI data will be released later at 1700 (SGT). Flash Manufacturing PMI (Forecast: TBA, Previous: 58.0) Flash Services PMI (Forecast: TBA, Previous: 53.1 revised from 53.3) Currently, EUR/JPY is bouncing off the support zone of 128.800 and the next resistance zone is at 130.000. Look for short-term selling opportunities of EUR/JPY if it breaks the support zone of 128.800.
Short
by charliedavies770
💡Don't miss the great sell opportunity in EURJPYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (129.59). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 35. Take Profits: TP1= @ 128.52 TP2= @ 128. 01 TP3= @ 127.51 TP4= @ 127.18 TP5= @ 126.44 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
4
EURJPY ANALYSIS ON H4 CHART.Overall, EUR/JPY is trending upwards. Recently, EUR/JPY broke the support zone of 130.000. The eurozone CPI y/y data will be released later at 1800 (GMT+8). Final CPI y/y (Forecast: 5.0%, Previous: 5.0%) Final Core CPI y/y (Forecast: 2.6%, Previous: 2.6%) The European Central Bank will be releasing the minutes for the most recent monetary policy meeting later at 2030 (GMT+8). Currently, EUR/JPY is trading towards the resistance zone of 130.000 and the support zone is at 128.800. Look for short-term selling opportunities of EUR/JPY.
Short
by charliedavies770
EURJPYDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As I said last weeks...EJ closed for 1 month and 1 week below 132,500 and even if maybe it will go up 100-120 pips, I expect that in the next period it will reach the level of 618 Fibonacci 129,034 and then go down to the final target proposed for a few weeks ... 125,300 THIS WEEK...EJ went down faster than I expected and closed below the Fibonacci 618 level for 1 week which means that ... even if it goes up 50-80 pips because the pressure is very high, I will look for SELL up to 126,500 or even 125,300 ... my final target for the last few months NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
EURJPYDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As I said last weeks...EJ closed for 1 month and 1 week below 132,500 and even if maybe it will go up 100-120 pips, I expect that in the next period it will reach the level of 618 Fibonacci 129,034 and then go down to the final target proposed for a few weeks ... 125,300 THIS WEEK...EJ reached the area 129,034 as I said last weeks from where it rejected and closed over the Fibonacci area 786 for the 3rd week in a row! in the next period I expect to make a range between the areas 129,500-130,700 and I will expect a break of this range and closing above or below these values on the 1 week chart NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
EURJPYDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As I said last weeks...as I said last week EJ will make a 150 pips retracement move ... only the move was bigger and more aggressive than I expected! Now it has re-entered a very difficult area where anything is possible ... my recommendation is to wait to close for 1 month and see where it closes and what the trend will be for July! if it closes over 132,500 then I think it will retest the area 134 or even higher towards 136. if it closes below this area ... it will retest the Fibonacci area 618 and then even 0.5 THIS WEEK...EJ closed for 1 month and 1 week below 132,500 and even if maybe it will go up 100-120 pips, I expect that in the next period it will reach the level of 618 Fibonacci 129,034 and then go down to the final target proposed for a few weeks ... 125,300 NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS