Forex Trading: EUR/JPY Risk is Still Lower

RELATED QUOTES

SymbolPriceChange
EURJPY=X127.4400-0.5429

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
    1.3905-0.001-0.07%
    USDSGD=X
    1.5803+0.0107+0.68%
    EURSGD=X
    2.0027-0.0199-0.98%
    GBPSGD=X
    80.6274-0.9112-1.12%
    SGDJPY=X
    5.6037+0.0029+0.05%
    SGDHKD=X
    2.9730+0.0084+0.28%
    SGDMYR=X
    9,687.0244+25.1357+0.26%
    SGDIDR=X
    4.7275+0.0046+0.10%
    SGDCNY=X
    0.9841-0.0035-0.35%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,235.30+40.70+3.41%
    GCJ16.CMX
    15.60+0.32+2.08%
    SIH16.CMX
    55.40+1.06+1.94%
    ^XAU
    2.02-0.01-0.59%
    HGH16.CMX
    26.52-0.93-3.39%
    CLH16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.15-0.01
    ^FVX
    1.70-0.02
    ^TNX
    2.53-0.03
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    3.54-0.12-3.28%
    Z74.SI
    0.305-0.020-6.15%
    N21.SI
    1.61-0.02-1.23%
    MC0.SI
    0.66-0.02-3.65%
    G13.SI
    0.36-0.01-4.00%
    E5H.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.23+0.03+17.35%
    AZT.SI
    54.640.000.00%
    NF6.SI
    0.85+0.10+13.33%
    BAI.SI
    0.22+0.03+12.82%
    5WR.SI
    0.88+0.10+12.82%
    S85.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.095-0.040-29.63%
    T19.SI
    0.13-0.05-27.37%
    5PL.SI
    0.215-0.040-15.69%
    5RE.SI
    0.20-0.03-14.89%
    S46.SI
    0.132-0.023-14.84%
    5IF.SI