My Ideas for the next two weeks for the EUR/JPY
Long term
Looking at the long term market the trend is up( weekly chart), with a short term sell approaching its end by end of week (my prediction) before it turns back into a buy(On The Daily chart).
Short term
Be careful to jump on the buy train as this will have you cancelling that Ferrari you ordered :), specially looking at the 4 hour chart, the currency will be taking a nose dive before resuming the climb upwards.
Looking at the long term market the trend is up( weekly chart), with a short term sell approaching its end by end of week (my prediction) before it turns back into a buy(On The Daily chart).
Short term
Be careful to jump on the buy train as this will have you cancelling that Ferrari you ordered :), specially looking at the 4 hour chart, the currency will be taking a nose dive before resuming the climb upwards.