EURJPY: consolidation before the publication of the second assessment of euro zone's GDP

February 13, 2015


Buy on a level breakthrough of 135.89 with 136.67 target. Stop loss = 135.30.

Reason for the trading strategy

This afternoon, the data on the trade balance and the second estimate of GDP in the euro zone will be published. It is expected that the first index in December will grow from 20 billion to 21.3 billion euros, and the GDP growth rate in Q4 2014 will remain at 0.2% (q/q). We believe the statistics will support the pair EUR/JPY.


Publication source
EXNESS information  EXNESS reviews

February 17, 2017
Golds rally may falter
The gold price has racked up its 2nd straight day of gains today on the back of US dollar weakness and doubts over an interest rate hike next month from the US Federal Reserve...
February 16, 2017
Where is black gold heading?
The Euro is slowly going down and this is not brought on by the Eurozone situation. Instead, this is fueled by the U.S. Dollar. Yesterday, Janet Yellen gave a speech in the Senate Banking Committee emphasising the fact that it Is not quite right to use the wait-and-see stance regarding the interest rate hike...
February 14, 2017
Will France exit the euro?
The Euro has come under pressure late in the European session today, after analysts warned of the huge costs that France would face should they decide to ditch the European currency...

Vantage FX Rating
FXCM Rating
NPBFX Rating
Larson&Holz IT Ltd Rating
FxPro Rating

TopOption Rating
Binary Brokerz Rating
UKoptions Rating
24option Rating
OptionRally Rating
Beeoptions Rating