111.00 Archive

  • Trade Idea: EUR/JPY – Buy at 111.00

    Trade Idea: EUR/JPY – Buy at 111.00

    Although the single currency has rebounded after finding support at 111.43, a break of last week’s high of 113.40 is needed to signal upmove from 107.30 low (wave v bottom) has resumed and bring a stronger retracement of recent decline to 113.90/00 and then next...

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  • Trade Idea: EUR/JPY – Sell at 111.00

    Trade Idea: EUR/JPY – Sell at 111.00

    As euro’s retreat from 113.43 has kept price under pressure, suggesting early rebound from 108.06 has possibly ended there and bearishness remains for weakness to 108.90-109.00, however, break there is needed to signal downtrend has resumed for retest of recent low at 108.06. View full post...

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