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Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits. Forex trading carries a substantial risk of loss and only discretionary capital should be used in trading.

Forex Trading: EUR/JPY wow...

Posted by Michael FX on Mon, 04/14/2008 - 5:23am in

EUR/JPY doesn't want to stop, as it gets firmly paid on the back of a higher component (EUR/USD) which was bid through harsh resistance. Surprisingly, not enough JPY bid in EUR/JPY to help GBP/JPY out at all, as it goes 47 offer.