USDJPY continues to fluctuate – Analysis - 08-08-2018
Economies.com
2018-08-08 03:57AM UTC
The USDJPY pair shows more fluctuation around 111.32 level, and we still waiting to get clearer signal for the next trend, reminding you that breaking this level will push the price to visit 110.04 level as a next main station, while breaching 111.80 resistance will motivate the price to achieve gains that reach 113.38 mainly.
Therefore, we will continue with our neutrality until the price confirms its next destination clearly.
Expected trading range for today is between 110.50 support and 112.20 resistance
Expected trend for today: Neutral
Forex and Currency News
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
US Dollar extends losses after inflation data
2024-05-15 20:25PM UTC
The US dollar fell against most major rivals on Wednesday, extending losses after the release of US ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 16-05-2024
2024-05-16 09:26AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some bearish bias to head ...
Forex
The EURUSD price forecast update - 16-05-2024
2024-05-16 09:25AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price faces negative pressure now to ...
Forex
The NZDCAD regains the bullish track – Forecast today – 16-5-2024
2024-05-16 05:41AM UTC
NZDCAD Price Analysis Expected Scenario The NZDCAD price succeeded in regaining the ...