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Trading EUR/JPY

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Re: Trading EUR/JPY

Postby RusefSandi » Tue Oct 04, 2016 3:12 am

The Currency Pair EUR/USD is the abbreviation for the euro and U.S. dollar pair or cross for the currencies of the European Union (EU) and the United States (USD). The currency pair indicates how many U.S. dollars (the quote currency) are needed to purchase one euro (the base currency). Trading the EUR/USD currency pair is also known as trading the "euro." The value of the EUR/USD pair is quoted as 1 euro per x U.S. dollars. For example, if the pair is trading at 1.50, it means it takes 1.5 U.S. dollars to buy 1 euro.
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Re: Trading EUR/JPY

Postby Waber » Tue Oct 18, 2016 3:16 pm

The chart below shows that the AUD is holding up quite well, in fact it even rose very slightly against the U.S. Dollar in what was a strong week for that currency. However, there is a lot of strong resistance between 0.7650 and 0.7750 the latter of which is a big psychological number.
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Re: Trading EUR/JPY

Postby Direkno » Thu Dec 15, 2016 5:59 pm

I can’t see a favorable opening for a deal right now. Therefore, I’ll wait to see which of the variants is the right one.
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