Modest uptrend still in play here on the hourly charts but the excessive volatility from last Friday between 136.30 and 139.20 may be signalling th the quiet times are over and we are in for more high volatility. Risk/reward would seem to favour buying dips with a stop below 135.95.
EUR/JPY technicals
Source: www.forexlive.com
- Tags:
- Forex
- EUR/JPY
- technicals
Read more...
How Far Can the Dollar Fall?
By Adam Hewison - I was quite amazed when I looked back to see how long it’s been since I’ve put together a Dollar...
Saab finds a buyer; flows look minimal
Saab, the GM-owned Swedish car-maker, looks like it has finally found a home. A group led by a Swedish car-maker I’ve never heard of Koenigsegg will acquire the brand, according to CNBC. It looks like they will assume gobs of debt, though very little cash will change hands. It is unlikely to...
Freeport-McMoran Beats Estimates But Cuts 2012 Copper Sales Target
Freeport-McMoran (NYSE:FCX) reported Q4 EPS of $0.67, which includes a $0.05 charge for labor costs. Consensus estimates were for EPS of...
Wednesday 2/15 Insider Buying Report: D, HBHC
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a...
USD/CAD testing 200 Hour Moving Average | Forex News and ...
USD/CAD testing 200 Hour Moving Average and above this, the Fibonacci 50% level from the long term Weekly chart is looming near 1.1070. Watch for. Forex News and Commentary by FXDD -...