January 9, 2019 07:56:00: Euro/Yen and Euro/Dollar trading strategy [From Mr. Tetsu Emori's newsletter]
From the investment newsletter “Real Trading Strategy by Tetsu Emori” by GogoJungle, here is a small excerpt from this morning’s delivery. This time, please take a look at the trading strategies for the euro-yen and euro-dollar.
We will maintain a short position on the euro-yen. The long-term trend is 128.45 yen. The 2019 bearish scenario range is 113.03–127.23 yen, with year-end at 114.75 yen. The January bearish scenario range is 121.31–127.23 yen.
We will maintain a long position on the euro-dollar. The long-term trend is 1.1620 dollars. The 2019 bearish scenario range is 1.0457–1.1657 dollars, with year-end at 1.0711 dollars. The January bearish scenario range is 1.1049–1.1657 dollars.
“Real Trading Strategy by Tetsu Emori” (Tetsu Emori)Quoted.
As of 11 o’clock, the euro-yen is trading in the 124 yen range. There is talk of political risks in Europe, but we will cautiously determine whether a yen appreciation will progress from here. (Editorial staff)
