Euro Versus Dollar and Yen January 27th

FX Strategy Video > Currency Pairs Analysis

EUR/USD had a positive day originally on Thursday, but the pair pulled back in the later hours to form a shooting star. Even more interesting is the fact that it sits right at the top of the resistance area that the pair has been chewing through.

EUR/JPY fell form the 102 area, which of course has been a bit of resistance in the recent past. It appears a pullback is in order as the Yen gained against almost everything on Thursday.

Published on 26th of January 2012
eTorro - Trading Starts Here

Start Trading Forex with up to $10,000

  • 100s Videos and FX Strategy articles
  • Advice from our FX traders
  • Practive free with using real time