EUR/JPY Analysis
Greetings.
Let's take a look at the EUR/JPY.
We are currently seeing a downward movement in the hourly chart as we hear through the Asian session, however, look for the pair to potentially turn upwards around the European and New York sessions.
Look for the pair to potentially head down to the 110.00 level. Once it completes it downward movement, then look for the pair to potentially head up, watching for a price target point of 110.60, then 111.15.
Good luck with trading.
-
Comment by Peter jcp on August 18, 2011 at 8:36pm -
That seems very funny then Peter M - because today at 11.46am GMT you was quoted in the chat room - "stay long buy now" with the price at 1.4362 and then when other traders said it was going lower your quote was " Not a chance " - after that it dropped down another 90 pips - lol
Peter M - we all can make mistakes - but dont try and cover as you will be found out quicker than ever in this chat room - remember that please - OK - good trading to you
-
Comment by Yak Attack on August 18, 2011 at 9:15pm -
thats a very valid point Peter, kind of tired to log into Fxstreet and see 40000 messages from this guy, especially when he is wrong most of the time, I need to find a way to block him from the newsfeed
Comment
Photos
ChartAccess 20% OFF
© 2013 Created by FXstreet.
You need to be a member of FXstreet.com Forex Social Network to add comments!
Join FXstreet.com Forex Social Network