Our Forex Automated Trading Signals have picked up the Euro against the Japanese Yen using the Range1 system. This long-term trade may be considered to be at a discount as it is currently in the red to the tune of 59 pips. A word of caution is in order as the signal appears to suggest a counter trend strategy here.

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.