|

EURJPY Forecast Poll 2017: Neutral bias on expected easing contest between ECB and BoJ

EURJPY Forecast Dot Plot Chart

EURJPY Forecast Poll 2017

EURJPY Forecast Poll 2017

Analyst3 Months6 Months1 Year
Brad Gilbert121,00118,00115,00
David Cheetham118,80123,95129,15
Elliott Wave Forecast129,50120,00143,00
Growth Aces124,12126,50128,80
Haresh Menghani___
James Chen122,00124,00126,00
JFD Brokers___
Juan José del Valle___
Lukman Otunuga118,00115,00110,00
Mark de la Paz127,50130,00133,00
Markus Gabel126,00112,0094,14
Nenad Kerkez___
Przemyslaw Kwiecien121,40121,00120,00
Scott Barkley___
Thomas Light125,00127,00124,00
Valeria Bednarik118,00124,00120,00
Yohay Elam___
Medium Forecast122,8473121,9500122,0991
Median Forecast122,0000123,9500124,0000
Std-Deviation3,71365,143612,2713
R-Coefficient0,03040,04150,0990
Bullish435
Sideways331
Bearish455
    

Featured Expert

Thomas Light: "Rising bond yields and stock prices should help the pair get to the 125 psychological level. A growing current account surplus will support JPY of course"

EURJPY Bull Lines

David Cheetham: "Product of EURUSD and USDJPY forecasts"

Mark de la Paz: "Europe and Japan will stay in a contest for loose monetary policy which suggest it is unlike for us to see a one-way street though we do favor a weaker Yen"

EURJPY Bear Lines

Lukman Otunuga: "With the Eurozone woes denting buying sentiment towards the Euro, upside gains on the EURJPY could be capped. Weakness below 118.00 should be the first sign sellers need to attack prices towards 115.00 and 110.00 respectively this year"

Markus Gabel: "Current valid downtrend should keep valid"

Przemyslaw Kwiecien: "Simply a byproduct of our ED/UJ forecasts"

Author

More from FXStreet Team
Share:

Editor's Picks

EUR/USD hits two-day highs near 1.1820

EUR/USD picks up pace and reaches two-day tops around 1.1820 at the end of the week. The pair’s move higher comes on the back of renewed weakness in the US Dollar amid growing talk that the Fed could deliver an interest rate cut as early as March. On the docket, the flash US Consumer Sentiment improves to 57.3 in February.

GBP/USD reclaims 1.3600 and above

GBP/USD reverses two straight days of losses, surpassing the key 1.3600 yardstick on Friday. Cable’s rebound comes as the Greenback slips away from two-week highs in response to some profit-taking mood and speculation of Fed rate cuts. In addition, hawkish comments from the BoE’s Pill are also collaborating with the quid’s improvement.

Gold climbs further, focus is back to 45,000

Gold regains upside traction and surpasses the $4,900 mark per troy ounce at the end of the week, shifting its attention to the critical $5,000 region. The move reflects a shift in risk sentiment, driving flows back towards traditional safe haven assets and supporting the yellow metal.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid risk-off, $2.6 billion liquidation wave

Bitcoin edges up above $65,000 at the time of writing on Friday, as dust from the recent macro-triggered sell-off settles. The leading altcoin, Ethereum, hovers above $1,900, but resistance at $2,000 caps the upside. Meanwhile, Ripple has recorded the largest intraday jump among the three assets, up over 10% to $1.35.

Three scenarios for Japanese Yen ahead of snap election

The latest polls point to a dominant win for the ruling bloc at the upcoming Japanese snap election. The larger Sanae Takaichi’s mandate, the more investors fear faster implementation of tax cuts and spending plans. 

XRP rally extends as modest ETF inflows support recovery

Ripple is accelerating its recovery, trading above $1.36 at the time of writing on Friday, as investors adjust their positions following a turbulent week in the broader crypto market. The remittance token is up over 21% from its intraday low of $1.12.