The EUR/JPY pair rose slightly during the course of the week, but really didn’t do anything to impress us. Because of this, we have no interest in trading
The EUR/JPY pair rose slightly during the course of the week, but really didn’t do anything to impress us. Because of this, we have no interest in trading this market from a longer-term perspective, and realize that it is difficult to imagine hanging onto any particular trade, be it to the up or the downside. With this being the case, it’s likely that short-term traders may be interested in this market, but it is going to take some type of significant move in order for us to put money into this market
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
