Tuesday, 22 April 2008

Yen Crosses Fired Up & Record High for Euro Tuesday

European Session

No. of signal recommendations: 3

End-of-session results: GBP/JPY (+110 pips), EUR/JPY (+120 pips) and AUD/JPY (+40 pips)

Maximum potential: Over 280 pips !

US and Late Sessions
No trade

Click Here to Join My Live Forex Trading Sessions

While we remained neutral bias on the US dollar, our system has pulled up some surprises this morning. The system scored some strong results on the yen-crosses currency pairs, i.e. +270 pips by the end of london session.

It was also interesting to note that the Euro hit a record high today, finally breaching the 1.6000 barrier for the first time. Here is the Euro chart this morning which gave me an idea to go long.

No comments:

5 Latest Articles Which You Might Have Missed Out ...