Time now is 10/01/2011, 13:40, AEST(GMT+10)
EUR/JPY
An upward equilibrium cross has just formed at 107.14 level, so close all previous short positions and enter new long position at the entry candle.
Fundamentally I think there's tremendous downward pressure on this pair as EUR continues to trend down on debt crisis concerns, this temporary pull back upward might be short lived. (You might choose not to trade today due to jpy bank holiday)
Feel free to add your opinion on the fundamentals of this pair
EUR/JPY
An upward equilibrium cross has just formed at 107.14 level, so close all previous short positions and enter new long position at the entry candle.
Fundamentally I think there's tremendous downward pressure on this pair as EUR continues to trend down on debt crisis concerns, this temporary pull back upward might be short lived. (You might choose not to trade today due to jpy bank holiday)
Feel free to add your opinion on the fundamentals of this pair