EURJPY
« Previous EntriesAnalysis: How the Euro Threatens Stability
Thursday, January 22nd, 2009The Euro economy is currently at war with itself. The present recession is an unpalpable conundrum for ECB leaders and Euro-zone Heads of States. It is convivial to think this phase of the Euro currency integration is one that would have a happy ending cosidering the EUR strength.
EURJPY Retests 147.52
Tuesday, September 16th, 2008Overnight and early morning trades retest yesterday’s low of 147.52. As anticipated yesterday before leaving, we decided to automate an entry at 149.79 – a 62% Fib level from Friday’s sessions.
EUR/JPY Slides On Rate Decision (Part-2)
Thursday, August 7th, 2008The EUR was exhibiting weakness across board. Against the JPY, it is trading also trading at 168.17/44 range after making a high of 169.50 earlier today. It has since been consolidating around that 38.2% level.
Today’s Currency Trading Outlook
Thursday, July 31st, 2008Yesterday session saw a very stale trading day with most currency pairs trading within themselves sideways. Not even the Asian market could-start or alter direction in the overnight trades. Yesterday is in the tomb and today is all we have right now but how will it go?
EUR JPY – Early Morning Rise
Tuesday, July 29th, 2008The overnight Asian session have set the EURJPY for an early-morning rise today. Will this sentiment hold for rest of the day? Yesterday my colleague posted our market observation. See full story,
EUR-JPY Tightening Wedge Outlook.
EUR-JPY Tightening Wedge Outlook
Monday, July 28th, 2008Recent weeks have seen some good moves on the EUR/JPY cross and great returns too. For now, the past few sessions have some sideways trades. We see a tightening wedge outlook for the week.
EUR JPY Slide Continues
Tuesday, July 15th, 2008EUR/JPY two-day slide from Friday continued today in the Asian/Pacific sessions into the Euro today. The recent uptrend we predicted a few weeks back in June finally came to a halt after making an all-time high of 169.68 on Thursday last week.
EUR/JPY – Setup For 18-Year High
Wednesday, June 25th, 2008Euro-Yen, EUR/JPY – a fast becoming popular cross in the forex trading community has set itself up for an eighteen-year-high of 188.09. Click chart to Enlarge.
In recent months this cross has been consolidating for this move. A few weeks back we blogged about lack of direction – EUR/JPY At Crossroads. What a great difference a [...]
EUR/JPY At Crossroads
Tuesday, May 6th, 2008EUR/JPY is currently dating at crossroads wondering which way to go on the mid- and long-term charts. Will it reach for the stars or take to the pits?
In the monthly chart above, the EUR/JPY has developed a wedge over the trendline. Since it’s seasons high of 168.93 in July of 2007, the cross has oscillated between 149.93 [...]
EUR Declines On Morning Trades
Thursday, April 24th, 2008Is this the first sign of the EUR crack in an overbought and overpriced currency? For two consecutive sessions running, it seems the EUR  is experiencing two consecutive days of decline.
After the Asian session this morning, the European session opened tentatively with the German Ifo Business Climate Index Report lurking at 8am GMT.
The report fell short of expectation as indicated [...]
