Forex Trading: EUR/JPY Risk is Still Lower

RELATED QUOTES

SymbolPriceChange
EURJPY=X113.4770+0.041

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 MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.1280.0000.00%
    N21.SI
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    MC0.SI
    0.300.000.00%
    5OT.SI
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    5TP.SI
    2.85+0.03+1.06%
    C52.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.285+0.055+23.91%
    BLU.SI
    0.36+0.07+22.03%
    BPF.SI
    0.192+0.030+18.52%
    AYD.SI
    0.40+0.05+14.29%
    BFK.SI
    0.39+0.04+11.43%
    43A.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.20-0.06-24.53%
    40D.SI
    0.28-0.07-20.00%
    5VP.SI
    0.39-0.06-13.33%
    AYB.SI
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    AYV.SI
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    BAZ.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3523-0.0008-0.06%
    USDSGD=X
    1.5277+0.001+0.07%
    EURSGD=X
    1.7866+0.0023+0.13%
    GBPSGD=X
    74.2720+0.027+0.04%
    SGDJPY=X
    5.7333+0.0051+0.09%
    SGDHKD=X
    2.9706+0.0066+0.22%
    SGDMYR=X
    9,784.7686-33.8164-0.34%
    SGDIDR=X
    4.9272+0.0069+0.14%
    SGDCNY=X
    1.0320+0.0014+0.14%
    AUDSGD=X
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    NamePriceChange% Chg
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    GCZ16.CMX
    18.58+0.10+0.52%
    SIU16.CMX
    96.51+1.17+1.23%
    ^XAU
    2.09+0.02+0.79%
    HGU16.CMX
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    CLV16.NYM
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