March 08, 2019 08:27:00: EUR/JPY and EUR/USD strategy [From Mr. Tetsuya Emori's newsletter]
From the investment newsletter "Tetsu Emori's Real Trading Strategy" by Tetsu Emori, provided by GogoJungle, here is a small excerpt from this morning's distribution. This time, please take a look at the trading strategies for EUR/JPY and EUR/USD.
EUR/JPY will remain short. The long-term trend is 125.65 yen.
EUR/USD will remain short. The long-term trend is 1.1425 dollars.
“Tetsu Emori's Real Trading Strategy” (Tetsu Emori)quoted from.
Mr. Emori notes that as stock prices fall, the demand for “yen as a safe asset” is likely to increase. The United States has reported the largest-ever trade deficit, and the NY Dow Jones is continuing to fall. On the other hand, with Brexit looming in Europe, the yen is expected to strengthen further. (Editorial Department)