Euro Yen (EUR/JPY) - 06/05/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

162,65. EUR JPY is in a consolidation after the last bullish movement. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 161,00 / 163,00 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
162,80 - 163,10
Supports
162,30 - 161,75
updated 06 mai 2008 05:49 GMT +02:00

Forex Forum

English
Français