Post Tagged with: "EUR/JPY"
EUR/JPY Losing Downside Momentum
Although the EUR/JPY cross remains under pressure on correction, its present rejection of lower level prices in early trading today suggests an end to its corrective weakness may be developing. Guest post by www.fxtechstrategy.com However, the cross will have to climb above the 121.79 level, its April 28’2011 high and 123.29 level, its 2011 high
No Need to Worry About the US Debt Ceiling
Which countries are the key to the European debt crisis? How far off is a rate hike in the UK? Which yen pairs are interesting to trade? Answers to all these questions and more are provided by quantitative analyst David Rodriguez. David Rodriguez is a quantitative analyst for DailyFX.com, specializing in statistical studies in currency trading markets
Markets calmer but doubts abound
It felt that markets were desperately trying to put the past couple of weeks behind them during Tuesday, with some proving to be more successful than others. The biggest snap-back has been in underlying volatility, with the VIX equity volatility index pushing back towards to within a whisker of the 20 level, above which it
Coordinated Intervention To Weaken the Yen?
The Bank of Japan announced an immediate emergency meeting to begin very soon – Monday 00:00 GMT. There are expectations for new easing steps to boost the economy. But there might be more – Will we see a global coordinated intervention to weaken the yen? Yen crosses are already on the rise. The governor of
Price Action Alert: This Trade Will Make You Hundreds Of Pips
Guest post by Jason Madison of beatwallstreetnow.com Hello All, I am back to alert you to another highly profitable trading opportunity emerging in the Eur/Jpy. By now you all should be familiar with the inside candle breakout technique I have showed you in previous my previous post. If not, get yourself up to speed by viewing
New Forex Instruments at StartOptions
StartOptions, a provider of binary options, is widening its array of forex pairs for traders. This includes popular crosses as well as emerging markets’ currencies. The new pairs are: EUR/GBP EUR/JPY NZD/USD USD/SGD USD/TRY USD/ZAR USD/RUB In addition to these new forex instruments, they’re offering also new stocks such as BP and HSBC, that have
EUR/JPY – Fear sent it off the cliff – More to come?
The forex markets are giving in to widespread fear about the Greek debt. We are seeing a full market reaction – a perfect risk aversive behavior, with one huge loser – EUR/JPY. Will it continue plunging? Growing worries about the never ending Greek debt problems are strongly reflected in the market. I wrote about the
Dollar falling in the Hide of the Night
The US dollar finished the period of grace and returned to falling. The Aussie is at new highs, and the Pound is continuing its comeback. Who stays behind this time? The Yen – Dollar Yen correlation is back in town. After quite a volatile day, the Asian session sees renewed dollar weakness. The strongest currency
Why is the Geppy So Popular?
Out of all the possible combinations of crosses, GBP/JPY, also known as the Geppy, is probably the most popular cross. Here are some possible reasons. GBP/USD combines the British Pound and the Japanese. The most popular pair in the world is EUR/USD. The Geppy doesn’t include the Euro. Although EUR/JPY and EUR/GBP are also respected and
FOMC Statement Strengthens Dollar – Hurts Yen Crosses
The FOMC Statement talked about a small recovery in the American economy. While the interest rate rate stayed unchanged, the Federal Reserve’s words about slowing the pace of buying treasuries sent the dollar shooting upwards. Note the tumbling Yen crosses that were highlighted here in Forex Crunch. As expected, the Federal Open Markets Committee concluded