Euro Yen (EUR/JPY) - 07/05/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

162,37. EUR JPY is in a range between 162,00 and 163,00. 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 Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
162,60 - 163,00
Supports
162,00 - 161,70
updated 07 mai 2008 05:45 GMT +02:00