The USDJPY begins positively – Analysis - 22-01-2020
Economies.com
2020-01-22 05:47AM UTC
The USDJPY pair opened today’s trading with bullish bias after leaning on the EMA50 that provides good positive support to the price, noticing that stochastic provides positive overlapping signal now, which reinforces the chances of continuing the bullish bias today, waiting to test 110.50 level initially.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 109.33, reminding you that surpassing the mentioned target will push the price to 111.50 as a next positive target.
The expected trading range for today is between 109.50 support and 110.80 resistance
The expected trend for today: Bullish
Forex and Currency News
Forex
Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...
Forex
Dollar moves in a positive zone as US treasury yields gian ground
2024-04-22 11:41AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the ...
Forex
Euro gains ground and heads for $1.07
2024-04-22 07:45AM UTC
Euro rose in European trade on Monday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 23-04-2024
2024-04-23 11:05AM UTC
The GBPUSD price tested the key resistance 1.2385$ and bounced bearishly from there, to keep the ...
Forex
The EURUSD price forecast update - 23-04-2024
2024-04-23 11:05AM UTC
The EURUSD price shows sideways trades since morning, and continues to fluctuate around the EMA50, ...
Forex
The GBPCHF under the negative effect – Forecast today – 23-4-2024
2024-04-23 05:12AM UTC
GBPCHF Pair Price Analysis Expected Scenario The GBPCHF pair still affected by the ...