Terence_FX
Long

Strength in EUR and weakness in JPY

FX:EURJPY   Euro / Japanese Yen
73 2 2
As usual, it is important to identify the strongest and weakest currency whenever we wish to enter a position. During London session, EUR started to strengthen against JPY which has been weak for some time since the Asian session. Hence, the logical position to take is long EURJPY             .
Trade closed manually: Exit with 65 pips profit
Comment:
1.FX Momentum strategy http://bit.ly/2Eg8HP9
2.FX Breakout Strategy http://bit.ly/2Av2OeP
3.Best Crypto exchange
a) https://www.binance.com/?ref=11926638



do you think there will be a pull back with the JPY recovering at all? Or is teh trend too strong and will continue to be bullish over the next week?
Reply
@RaviRavs, I will continue to assume it will be weak until the direction changes.For instance, if XXXJPY pairs were to break to the down side on a uptrend channel. Alternatively, GBPJPY might be a good pair to focus on since EURJPY is already overbought.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out