Forex Trading: EUR/JPY Risk is Still Lower

RELATED QUOTES

SymbolPriceChange
EURJPY=X122.9385+0.0896

A EURJPY short was taken last night at 10640 (released via Twitter @JamieSaettele). 10642 is the 61.8% of the decline from 10712 at 10640. Price has extended slightly beyond this level but the stop is above the 11/26 high. Once (if) the market turns lower again, objectives are 10458 and 10375 (former is former resistance and 38.2% of rally from 10031 and latter is middle of former congestion and 50% level).

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3741+0.0005+0.04%
    USDSGD=X
    1.5376+0.0002+0.01%
    EURSGD=X
    2.0153+0.0007+0.04%
    GBPSGD=X
    79.9647+0.055+0.07%
    SGDJPY=X
    5.6521-0.0025-0.04%
    SGDHKD=X
    2.9559-0.0011-0.04%
    SGDMYR=X
    9,879.5537+9.1445+0.09%
    SGDIDR=X
    4.7730+0.0009+0.02%
    SGDCNY=X
    0.9928+0.0005+0.05%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,216.70-3.70-0.30%
    GCM16.CMX
    16.28-0.06-0.35%
    SIN16.CMX
    82.12-0.10-0.12%
    ^XAU
    2.10-0.01-0.33%
    HGN16.CMX
    49.24-0.24-0.49%
    CLN16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.34-0.06
    ^FVX
    1.82-0.05
    ^TNX
    2.63-0.04
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.8850.0000.00%
    Y92.SI
    0.122+0.004+3.39%
    5H0.SI
    15.44+0.12+0.78%
    D05.SI
    0.138+0.001+0.73%
    5DM.SI
    0.925+0.015+1.65%
    BS6.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.225+0.010+4.65%
    5UZ.SI
    0.57+0.02+3.64%
    600.SI
    4.61+0.20+4.54%
    B61.SI
    0.26+0.01+4.00%
    T6I.SI
    0.55+0.02+3.77%
    T55.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.22-0.04-15.38%
    BKZ.SI
    0.145-0.019-11.59%
    5G1.SI
    0.135+0.005+3.85%
    5MQ.SI
    0.205-0.015-6.82%
    B7K.SI
    0.17-0.01-5.56%
    554.SI