The USDJPY price leans on the support – Forecast today - 29-03-2024
Economies.com
2024-03-29 01:43AM UTC
USDJPY Price Analysis
Expected Scenario: Bullish Trend
- The USDJPY price tested the intraday bullish trend line on the chart and bounced bullishly.
- This suggests an attempt to resume the expected bullish trend for the upcoming period.
- The initial targets start with breaching $151.81 to confirm heading towards $153.00 as the next positive station.
- We continue to suggest the bullish trend on the intraday and short-term basis, conditioned by price stability above $151.10.
Expected Trading Range for Today
- Support: $150.70
- Resistance: $152.20
Trend Forecast: Bullish
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...