Market Analysis

[Jesse Ryder]

USD/JPY was bearish last week and things were not different this week as we saw the pair going down throughout with the bears having the major say. But we did saw things recovered in a very much noticeable fashion during the closing hours. We could see the bearish trend resuming in the week to come.

[Jesse Ryder]

EUR/JPY was all very much bullish throughout the week. As we saw the pair move up non-stop. It’s highly likely that we will see things turn around in week to come. So it could be a really good opportunity for one to go for buy here with tight money management.