2012-11-22T08:35:21+0000

All|Europe|Forex Orders|Market Rumors|Regions

EUR/JPY

Gerry Davies

7 Comments

  1. It’s unstoppable…!!

  2. Real money flows all over the place. I see $50 million orders flying all over EBS screen.

  3. it’s on viagra :-)

  4. Eur/yen sharply higher, taking out the Oct 23rd high at 104.60, as well as the key 105.15/30 area (both the ceiling of the rising trendline from Sept and a 38% retracement from the Apr 2011 high at 123.30,.Seen as a bullish sign and signal to get long. However, the market is overbought after the sharp upmove the Nov 13th low at 100.35, so would initially use an aggressive stop on a close back below this broken ceiling (would argue a bearish false break), and getting more aggressive on further upside. Next resistance is seen at the longer term bearish trendline from Oct 2009 (currently at 107.00/35).

  5. Hello Gerry. EUR/JPY :106.50 barrier Worth at the moment but till next run!!!!!

  6. EURAUD stops above as well after it gets through 1.2400.

Top

© Copyright 2014 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.