EURJPY: The bulls!

23 мая 2023 г.

Predicting continuation of the uptrend

EUR/JPY is a forex quote that represents the exchange rate between the Euro and the Japanese Yen. Traders like to borrow the low-yielding Yen to fund carry trades and buy higher-yielding currencies like the Euro during times of optimism. However, during times of market stress, investors tend to avoid carry trades. EUR/JPY is affected by shifts in global economic performance and stability. The Eurozone debt crisis and the Bank of Japan's anti-deflation policy introduced in 2013 also contribute to the pair's volatility.

24 мая 2023 г.

Заметка

Policy rates are unlikely to have peaked at 3.00%

The fact Largade & Co did not see current financial conditions as requiring a liquidity response now is a positive take. In rates and by throughput FX markets, there remains a clear – but now fully conditional – direction of travel: policy rates are unlikely to have peaked at 3.00%.,hence the EURO should strengthen on the crosses and could fly higher on the FED pause

25 мая 2023 г.

Сделка активна

ECB will likely stay on the path possibly for a while longer

While expectations for Fed hiking have become significantly more uncertain, the EUR/USD staying bid suggests traders expect the ECB will likely stay on the path at least for this week and possibly for a while longer. As a result, the Euro looks well-positioned to move higher over the coming weeks – especially against crosses (e.g. SEK and GBP) – but also against the Dollar if the Fed pauses.

26 мая 2023 г.

Сделка активна

perfect analysis

29 мая 2023 г.

Сделка закрыта: достигнута стоп-лосс цена

GOOD