Euro Yen (EUR/JPY) - 31/01/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

158,36. EUR JPY is in a range between 157,25 and 158,90. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
158,90 - 159,50
Supports
158,00 - 157,25
updated 31 janv 2008 05:44 GMT +02:00

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