HOW TO READ THE MOVEMENT EUR / JPY

Tuesday, December 8, 2009


EUR / JPY currency which two extremely influential in the world of selling - buying currencies of the world, the two currencies have had a very strong difference in the same economic character, as we know that European countries are always competing with the Japanese state in advance the priority scale up their economies, as an example a very tight competition that we can see an example of their rivalry in bisang automotive and automotive exsport and goods - electronics goods, Japan is always in the top position, if the European competition in the field quantity can be sure it will be defeated, but if europe own up competition in the field of quality in making sure goods can be superior to 40 percent of the Japanese nation. as what we see, Japanese-made car is always able to better his lot in production but they are weak in quality than the stuff in European countries, European countries the opposite is also always lost in the manufacturing and production in Japan compare. two-way competition itself has benefits and advantages to each - each. goods - goods and the car in production by European countries always use older age compared with the goods and the car in production by the Japanese state.

of the real picture on top of that we can see that the competition between the two countries are very strict but it is very much difference, and have their selling points - each with one of the two countries is not in anyone's, so the priority scale differences rise - fall into the second currency that the country is very high in the world movement of capital and stock markets and the impact on high-level differences in the initial opening point and the end of the transaction.

this is the basic schematic calculation you can make a picture before you make transactions in the forex market for the EUR / JPY:




1. at the opening at the beginning of the week will be met in the range of 17 to 23 points, if in this stage we can monitor the movement of two currencies that we can very easily set up the point what would be - think we can take the advantage and profit

2. basic movements of EUR / JPY is always in the range of 45 to 77 points in each movement in a single transaction, this is why the two currencies was always bound up much of his movement, but not in this regard is good because the two currencies can be very quickly returned to the base price of the opening at the beginning of the transaction could even go back to the beginning of the transaction price at the opening at the beginning of the first week.

3. the two currencies was very common until it touches the 367-point numbers, in one week can usually be touched twice that number.

I hope some of this discussion can be useful, in the offer by

EKA JHOREIS

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