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EUR/JPY Call Signal 29 Oct 2015

Signal details
Entry Price: 
132.75
Close Price: 
132.98
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 5 ratings

The EUR/JPY has been boosted somewhat in today's trading after some solid data from Germany. The country's inflation rate has stopped falling with the rate stabilizing around 0.3 percent on an annual basis. The euro has been bought across the board in European trading to stabilize in New York.

After the release of stronger than expected employment data in the U.S. the Japanese yen has started giving up gains across the board, paving the way for a rebound in the EUR/JPY. We are looking for the price to dip slightly to 132.75 where we will be buying daily calls on the pair for tonight's expiry.

Comments

charbel20's picture

Dear Matthew

These signals are applicable for end of day expiry time

Regards
Charbel

charbel20

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. He has no business nor personal relationships with any mentioned government entities or stocks. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion.