Automated Trading Signals Sell Japanese Yen against Pound and Euro
Our Forex Buy/Sell Automated Trading Signals placed buy orders on Euro-Yen and Pound-Yen within the last 60 minutes. Trailing-stops were also entered for each trade at 147.85 and 187.116, respectively.
Both trades used the “Range1” system which has an accuracy rating of 33%. One may want to consider the fact that this is a countertrend trading idea. From the image below, the signal indicates that both GBPJPY and EURJPY are trending southward. Yet the signals suggests a long position may be optimal.
See more Forex Buy/Sell Signals on DailyFX+ and be sure to monitor any updates on these specific signals, as our automated forex signals can and do change on a daily and intraday basis. For more information and guides on using our DailyFX Buy/Sell Signals, see our Weekly Forex Trading Strategy Outlook report.