The EUR/JPY pair initially rallied during the course of the week, but turned back around to form a shooting star. With that being the case, the market
The EUR/JPY pair initially rallied during the course of the week, but turned back around to form a shooting star. With that being the case, the market looks as if we will continue to grind back and forth, so quite frankly longer-term traders don’t have any business trading this pair as there isn’t going to be enough in the way of room for those traders to make any significant amount of money. With that, we are standing on the sidelines and waiting to see whether or not the market makes a significant move.
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.
