The EUR/JPY pair initially fell during the day on Thursday, but turn right back around to form a bit of a hammer. That hammer of course is a very
The EUR/JPY pair initially fell during the day on Thursday, but turn right back around to form a bit of a hammer. That hammer of course is a very supportive sign, but there is quite a bit of noise just above, and as a result we are simply sitting on the sidelines as we have no real clear direction at this point. We will continue to monitor the EUR/JPY pair here at FX Empire, and of course will keep you abreast of any changes in the situation that we see going forward.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
