Forex

The EURJPY repeats the negative closings – Analysis – 17-2-2020

2020-02-17 07:47:34 GMT (Economies.com)

No change for the EURJPY pair’s bearish track that remains stable below 120.30 barrier, to increase the chances of resuming the negative attack and keep waiting to provide new pressure on 118.55 level, which breaking it might extend trades towards 117.50 in the upcoming period.

 

Stochastic consolidation within the oversold areas support the negative overview, to increase the chances of gathering the negative momentum and eases the mission of reaching the mentioned negative stations.

 

The expected trading range for today is between 119.80 and 118.55

 

The expected trend for today: Bearish

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.