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EUR/JPY: this pair shows the rate of euro to the Japanese yen. Due to its high volatility, this pair may be considered a risk asset. When trading this instrument, it’s necessary to follow the release of important economic indicators: inflation, employment, balances of trade, while interest rates set by the central banks are a downright fundamental factor that forms the pair’s price. Moreover, the rate of Japanese yen is controlled by the state, which should also be considered when trading. This instrument is traded most actively during the Asian trading session. There’s a correlation between this pair and EUR/GPB. Its volatility may reach 600 pips a day.
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News for today, Friday, January 28
The US dollar increased during European trade today, showing …
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The pound sterling against the dollar was able to touch our awaited target at 1.3400 …
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Gold price traded with strong negativity yesterday, to touch our awaited target at 1797.00, and …
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The currency pair fluctuates between 365 and 135 downbound moving averages. The ascendant wave structure …
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#ITX
The general trend is ascendant. The descendant wave structures are truncated. Awesome Oscillator indicates …
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News for today, Thursday, January 27
The International Monetary Fund warns about new rate hikes …
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