Chart Analysis: EUR/JPY

Friday, November 20, 2009

The 200-day moving average was the big focus of the day due to the number of times this level has served as a key pivot point in the past. If risk continues to adjust lower here and bond yields remain low or even drop further, we could see a move below the Moving Average and even a try at the lower end of the longer term range.

1 comments:

Forex Educator November 21, 2009 at 4:09 PM  

Hi Pretty, I saw that you are studying for PHD in Financial Planning. I am currently working in the Wealth Management for a huge European Bank. I can tell you that all the theory about financial planning is crap. Working in a bank, they are only concern about revenue. You need to see products to your customers even if you do not think that that is best suit the customers. Failing to do that will means that your revenue will suffer and your job is at risk.

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