Forex

The EURJPY presses on the moving average – Analysis – 14-3-2019

2019-03-14 07:25:50 GMT (Economies.com)

The EURJPY pair confirmed its affection by the bullish bias domination by forming a bullish wave recently, to press on the moving average 55 that is located at 126.30, to avoid any losses that might cause by the sideways fluctuation we recommend waiting for achieving the required breach and providing a positive close above the current barrier, to confirm its readiness to achieve extra targets that might begin at 127.50 reaching to 128.80 in the upcoming period trading.

 

Stochastic keeps forming bullish waves to attempt to settle within the overbought level, to confirm the continuation of the positivity by providing a new positive momentum in the near period.

 

The expected trading range for today is between 125.80 and 127.50

 

The expected trend for today: Bullish

 

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.