I think eurjpy should still showing some buying opportunities, as the Yen continues to be weaken and also I think the Euro has been oversold recently.

EUR/JPY

There are lacklustre data releases for both currency, the UK Construction PMI missed expectations, pound going down but the euro also fell because of the ECB meeting just 2 days away.

EUR/GBP - What a great pair to trade!

With so much focusing on statements and actions from both central banks with the ECB meeting this week, I wonder what's the effect on eurjpy?

EUR/JPY

It looks like correction moves last Friday. Next week is important for both currency.

EUR/GBP - What a great pair to trade!

Nice chart, it shows clearly another selling opps.

EUR/GBP - What a great pair to trade!

Good analysis. I agree we should also take consideration of measured currency against the $.

EUR/GBP - What a great pair to trade!

It does show downtrend continues in the daily chart, any buying signs at this point in time is break above 0.8250 level, but I'm not sure.

EUR/GBP - What a great pair to trade!

Interesting thread, I didn't know. Thank you for sharing.

EUR/GBP - What a great pair to trade!

Thank you for your reply, I have to say usd/cad is looking good on the upside. Speaking of eur/gbp, this pair is trading flat today, I'm not sure where it's going either. But we may see some movement next week due to European Union election results ...

EUR/GBP - What a great pair to trade!

Any particular target for you want to hold USD/CAD for next few months If you don't mind me asking?

EUR/GBP - What a great pair to trade!

Anyone trading EUR/GBP today? I entered short position 0.8151, TP at 0.8097. Just wandering maybe I exit too early?

EUR/GBP - What a great pair to trade!

I certainly hope so.

Sonic R. System

That's right EUR/USD is not moving much before the next ECB meeting.

EURUSD

Not going well with GBP/CHF.

EUR/GBP - What a great pair to trade!

You are absolutely right, I should.

EUR/GBP - What a great pair to trade!

I closed my short position and enter long.

EUR/GBP - What a great pair to trade!

It seems eurgbp is still moving downside, tomorrow we will have quarterly inflation report from BOE, we will see what's reaction market will have.

EUR/GBP - What a great pair to trade!

There is no surprise this pair drop below 0.8150 today, but how would the inflation rate report from BOE on Wed affect this pair? Would it send eurgbp tumbling below 0.8100, we will have to wait and see.

EUR/GBP - What a great pair to trade!

Yes, finally! I would say .8150 is a handle if can move below that, it will continue to go down to .810 level if give enough time.

EUR/GBP - What a great pair to trade!

That's almost exactly what I'm doing this morning.

EURUSD