The GBPJPY increases the chances of the decline – Analysis – 14-4-2021
Economies.com
2021-04-14 05:42AM UTC
The GBPJPY pair provided new negative close below 151.20 barrier yesterday, to notice renewing the negative trades and settle near 150.00.
Also, stochastic continues to provide the negative momentum by attempting to crawl below 50 level, to increase the chances of gathering the negative momentum, expecting to target 148.80 followed by 147.80 levels soon.
The expected trading range for today is between 150.80 and 148.80
The expected trend for today: Bearish
Forex and Currency News
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
US consumer prices miss estimates in April
2024-05-15 12:39PM UTC
US consumer prices rose 0.3% m/m in April, missing estimates of a 0.4% ...
Forex Technical Analysis
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 ...
Forex
The EURJPY under the correctional effect – Forecast today – 16-5-2024
2024-05-16 05:38AM UTC
EURJPY Pair Analysis Expected Scenario The EURJPY pair provided a new negative close ...
Forex
The GBPJPY hovers around the correctional target – Forecast today – 16-5-2024
2024-05-16 05:37AM UTC
GBPJPY Pair Analysis Expected Scenario The GBPJPY pair activated the correctional ...