Daily EUR/JPY analysis - Page 3
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Thread: Daily EUR/JPY analysis

  1. #21
    Quote Originally Posted by ;
    I really do agree with you that we will probably observe an evaluation around 200, but my comment about the 167/165 retracements are more short-term (per week ). I'd really like to see EUR/JPY continue to scale and take advantage of this carry.
    Certainly, it might play at 170-165 for a few weeks. I want see just how far this moment drops, before I decide go long.

  2. #22
    Quote Originally Posted by ;
    I have been burnt many times believing plogical barriers or all-time highs are unbreakable so I concur that it is quite possible. However, I guess I am looking to see whether there's an expected trigger or news item which I am missing that would push it on the top at the brief term (i.e. in the following day or two).

    I am seeking to get out of this place at a secure 167 area (when I don't become greedy or stupid) and was hoping the overall consensus was that it is prone to further combine or retrace before that trigger( whatever it is).

    Can you see it dividing the 170 inside that time period and if so is there some thing about the charts or the news which would give this indiion.
    I don't see it rushing to violate 170, but in 30 days it probably will, but never know for certain.

  3. #23
    Quote Originally Posted by ;
    I've collected a few positions that are positive going short at this point. Attempting to figure out where I need to bail out of them. Currently short at 9.4 but looking to ride a retrace down to the previous 167 field of service as has been discussed on this thread earlier.

    I'm getting the view in this thread that there's something I'm missing that's everyone looking for a return to challenge 169-170 place for the fourth time since the 13th? Without breaking up the top, seems like every shot it becomes thinner retraces? What typically happens in this scenario?

    first post to these forums but have found them invaluable to my own trading. Thank you for all the fantastic input and expertise everyone shares here.
    I think it'll fall below 169 by Wed-Thurs then most likely try to test the 170 again. I'm not in the camp that believes this thing ought to be over 170 but bulls are in management. I find lol, a quadruple shirt. Fantastic analysis!

  4. #24
    Quote Originally Posted by ;
    On my daily charts, I've the fibo retracing into the 23.6 (approximately 165.70)....so that's most likely where some of these individuals are receiving their 165-ish retracements. When I say that I feel that EUR/JPY will most likely fall at least straight into the 167-ish I will echo the thoughts of a number of the folks on here. I am an economics major, and no matter of the technicals (although for the most part I'm a technical trader). . .numbers coming out of the EURO zone are not looking that hot.

    So Far as the short-term goes. . .Im brief at 169.20. . .looking for approximately 20-30 pips once it dips back into the 168s. This is probably going to occur by 8 or 9 PM EST..
    Great time quote! If it tests the 168 which will be the time to perform it.

  5. #25
    Quote Originally Posted by ;
    Believe it can not get past 170? Think again. Eur/Jpy should readily be by the end of the year, in the 200's. The currency the USD has obtained on is the yen. Highs broke each of the other pairs are now bullish against the yen. EJ has been bullish for 7 decades, and the year was a little correction and now it's done consolidating and ought to be heading up to 200 . Look at Monthly, 4 months of straight bullish. I am not long now, and won't be going long at this price, just stating. JMO
    What about the EUR declining interest rates? Have you seen the major analysist outlook? They state Eur/Usd to 1.49 by end of year. How would Eur/Jpy achieve 200? I am perplexed although I am sure it could happen.

  6. #26
    And I presume, this weekly pattern should not be ignored.

    I don´t understand where this bearish eur news will come from,
    or by where this jpy bullish news will come out.

    However, these are the patterns, representing, trend has stopped
    the last two weeks.

  7. #27
    Quote Originally Posted by ;
    What about the EUR dropping interest rates? Have you seen the major analysist prognosis about the EUR? They state Eur/Usd to 1.49 by end of year. How would Eur/Jpy achieve 200? I am sure it can happen but I am confused.
    EJ into 200 by the end of the year Isn't a possibility.

    This would mean the EUR/USD would be 1.68-1.70

    The ECB would never let this happen.

  8. #28
    Quote Originally Posted by ;
    What about the EUR dropping interest rates? Have you seen the major analysist outlook about the EUR? They say Eur/Usd to 1.49 by end of year. How would Eur/Jpy achieve 200? I'm sure it can happen but I'm perplexed.
    EU 1.55 and UJ 125, subsequently EJ 193.75.

  9. #29
    Quote Originally Posted by ;
    EJ to 200 at the end of the year isn't a possibility.

    This might mean the EUR/USD would be 1.68-1.70

    The ECB would never let this happen.
    I agree totally, but Cloud is a respected trader so we have to respect!

    I don't think it should even be at 160.

  10. #30
    uffF....oK GUYS....

    Article my AT....

    1° Option



    two ° Choice....

    the price stop at 165....170 - 1650= 500 pips....

    When beginning the long. . .or stop in the 170. . .or 170 500 pips(rettangle) 175!!!!

    Good chance for the LONG NOW....but do not worry...4/5 day. . .and the price come back...

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