January 28, 2019 08:41: Euro/Yen and Euro/Dollar strategy [From Mr. Tetsu Emori's newsletter]
From the investment newsletter by Satoshi Emori (Tetsu Emori) provided by GogoJungle, here is a small excerpt from this morning's distribution. This time, please review the trading strategies for the Euro/Yen and Euro/Dollar.
Euro/Yen will unwind its short positions. 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.
Euro/Dollar will unwind its short and take a new long. 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.
“Satoshi Emori’s Real Trading Strategy” (Satoshi Emori)Quoted.
According to Emori,the euro/dollar is favorable for a long position. As of 11:00, euro/dollar is trading in the low 1.14s, butwe will be watching how high it can go.(Editorial staff)
Euro/Dollar, 1-hour chart.
