The EURJPY records the negative targets – Analysis – 17-9-2020

Economies.com
2020-09-17 05:27AM UTC

The EURJPY pair surrendered to the frequent negative pressures yesterday, to notice forming strong negative attack and record many targets by touching 123.30 level.

 

We expect 124.20 level to form additional barrier to confirm the attempt to resume the negative attack, while stochastic fluctuation within the oversold areas will manage to gather the additional negative momentum to expect targeting 122.75 followed by 122.25 levels soon.

 

The expected trading range for today is between 124.20 and 122.75

 

The expected trend for today: Bearish

 

Forex and Currency News

EUR/JPY news

Forex

Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
EUR/USD news

Forex

Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
AUD/USD news

Forex

Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
GBP USD Analysis

Forex

The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...