EUR/JPY

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EUR Retests Two Weeks High

Monday, March 31st, 2008

The Euro, EUR/USD retested the high of the last two again at 1.5890. In this current market conditions is the EUR dollar buoyance sustainable?

While the Euro zone economists are still playing the wait and see policy, they might find this straining other areas of the economy. This is similar to the one adopted in recent years by [...]

Euro-Yen, EUR/JPY trading within itself since the open from holiday yesterday. EURJPY chartToday’s morning action was a whipsaw which lacked directional aftermounth. The cross has vaccillated between 38.8 and the 50.0% pivot lines on the Fibo all morning since the 9.am spike. I was taken out from my long position by the whipsaw at 156.06 this morning with an entry of 156.46. I lost -40 pips.

EUR Spikes To New High - Hovers $1.6000 Mark

Tuesday, March 18th, 2008

EUR spiked to new highs of 1.5906 yesterday triggering speculation in the forex market and other global financial institutions of the greenback, (dollar, USD) collapse. Is this trend sustainable to the EUR zone economy?

Back To The Fold Again

Tuesday, January 10th, 2006

It seems like eternity since I last commented here. I was away very briefly therefore I have not been able to comment here due to some other commitments. But I do believe that the year has not been that bad in terms of trading forex ..yet. I must confess I missed you all for the pleasure of not being able to communicate with you all.

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