Interesting finding: EUR/JPY
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Thread: Interesting finding: EUR/JPY

  1. #1
    Did you notice that EUR/JPY rallies collapses fast. Look at daily graphs.

    thanks

    777

  2. #2
    Well, I can't see this on the charts. Although I see that the rate of rising vs the rate of falling would be precisely the exact same, the interest rate might be a motive.

    What I'm actually seeing now is the fact that it's a fantastic time to brief the EUR/JPY. The pair is coming all time highs and failing to break those highs, and normally I'm bullish within the JPY, that I see the pair is a terrific long term brief. The interest rate is high in the GBP/JPY, that I prefer the EUR/JPY, although the GBP/JPY is really a short too.

    Thanks,

    Nader

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