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Trading

EUR / USD vs USD / JPY and GBP / JPY

Over many weeks, the main currencies on the move and best profits were USD / JPY, GBP / JPY and EUR / JPY. Severely underperforming currencies were EUR / USD and AUD / USD as middle currency. NZD / USD is built for perfection Everyday of its trading life and never changes.

Here’s a dead and dying EUR / USD and no changes over many months. EUR / USD lacks ability to move. Yet it trades normally according to its numbers.

Most Vital 1.0507 and 1.0509 answers what is the relationship between EUR / USD and USD / EUR. The relationship is tight, married and super glued together. Explains EUR / USD trading in Ranges, without a breakout and despite oversold. no trend ability. The lethargic EUR / USD here.

Topside EUR / USD for today: 1.0542, 1.0549, 1.0555, 1.0562, 1.0575, 1.0582, 1.0589. We’ve not seen a dead EUR / USD to this degree in many years.

USD / JPY

Topside USD / JPY today: 134.90, 134.99, 135.07, 135.16, 135.33, 135.41, 135.50. USD / JPY’s position is far better than EUR / USD and a better condition to profit from many more pips.

Bottom USD / JPY 134.14, 134.31, 134.44, 134.48. To the next degree which is completely unnecessary for further numbers: 134.56, 134.65, 134.73, 134.77. USD / JPY traded to Lows today at 134.34 and traded 45 pips to 134.79. Once 134.79 traded, USD / JPY became Untouchable for an entry.

GBP / JPY

GBP / JPY is currently designed to move far and wide to profit from many pips.

Bottoms: 164.54 achieves by 164.64, 164.74, 164.84, 164.95, 165.16, 165.26, GBP / JPY traded to Lows today at 164.81 and not only a horrible position but no good entry existed.

GBP / JPY upside today 165.47, 165.57, 165.67, 165.78, 165.99, 166.09, 166.20. From 164.81 Lows, GBP / JPY traded to 165.63 and another terrible number and location to coincide to no good entry.

Trade profit 2 1/2 hours into the day trade resulted in 82 pips and 5 hours remain. The better and easier trade was the 24 hour trade and 100 ish pips profit banked.

Fibinacci numbers lack representation to 7 hour trades which means from 2:30 am to 10:00 am, Fibonacci numbers will not assist to trade entries or targets.

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