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EUR/JPY

EURJPY 14.05.2013 Trade Result

EURJPY 14.05.2013 Trade Result

As mentioned yesterday, I took a highly speculative short on the EURJPY. I shorted the EURJPY at 131.93 and had other short orders at 132.15. About 3 hours after the trade was initiated price moved down and hit a minor support at 131.55.  Since it was a minor support I did not bother much about…

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EURJPY 13.05.2013

EURJPY 13.05.2013

I am taking a highly speculative sell on the EURJPY. From the EURJPY diagram above, EURJPY has hit the 132.22 resistance and suspect that there should be some form as retracement. This is from the fact that after 6 and a half months of uptrend, USDJPY has finally broken the 100 resistance barrier set since…

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EURJPY 31.10.2012 Outlook

EURJPY 31.10.2012 Outlook

The market were largely unimpressed even though (Bank Of Japan) BOJ boosted its money stimulus for the second month in a row. The BOJ topped up its asset buying and lending programme, its main monetary easing tool, by 11 trillion yen ($138 billion) to 91 trillion, broadly in line with what markets had factored in….

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