EURJPY - Bullish Bias
EUR - BULLISH
1️⃣ The European Central Bank left monetary policy unchanged and maintained its pledge to increase support if needed.
2️⃣ Market participants see the next reassessment of the PEPP flows being in June, and the decision on what to do with the PEPP after March 2022 likely to be taken in September.
3️⃣ Optimism about an economic recovery continued to be supported by signs of an acceleration in the vaccination pace in Europe.
JPY - BEARISH
1️⃣ Rising US Treasury yields could undermine the safe-haven JPY.
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Technical
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- We are buying the EURJPY at RBS on the M15 chart. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
1️⃣ The European Central Bank left monetary policy unchanged and maintained its pledge to increase support if needed.
2️⃣ Market participants see the next reassessment of the PEPP flows being in June, and the decision on what to do with the PEPP after March 2022 likely to be taken in September.
3️⃣ Optimism about an economic recovery continued to be supported by signs of an acceleration in the vaccination pace in Europe.
JPY - BEARISH
1️⃣ Rising US Treasury yields could undermine the safe-haven JPY.
=====
Technical
=====
- We are buying the EURJPY at RBS on the M15 chart. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Transaction en cours
Trade fermée: ordre d’arrêt atteint
❌ TRADE HAS HIT STOP LOSS-20 PIPS
Clause de non-responsabilité
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.