European Bank bailout & ECB normalization brought faith in Euro
A smooth rescue of Spain’s struggling Banco popular has brought the faith of investors back for Euro. The market has taken the news on a positive way & the consistent positive result of GDP yesterday has set the mood for an upcoming bullish wave for the Euro currency. On the other side, Japan proximity to North Korea has affected the Yen market badly amid rising tensions between North Korea & US. The market analyst after analyzing the fundamental behavior applied their technical analysis to evaluate the right time for entering the long position in the pair.(EUR/JPY)
The market has responded in the same direction as evaluated by the market analyst.
This has resulted in adding good margin today to our capital.