EUR/JPY and EUR/GBP May 19

FX Strategy Video > Currency Pairs Analysis

The EUR/JPY fell on Wednesday's trading, but showed real support at the all-important 115 level, an area that has been important for quite some time now. Because of this, it looks like a bullish chart. The EUR/GBP is currently treading water between 0.88 and 0.87. The action on Wednesday did manage a break above 0.88, but only for a few hours. Because of this - we look at it as a scalper's market currently.

Published on 18th of May 2011
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