EURJPY affected by the indicators’ contradiction – Analysis – 12-3-2018
Economies.com
2018-03-12 08:14AM UTC
The EURJPY pair repeated its fluctuation below 132.20 barrier to confirm postponing the expected bullish rally, also, the continuous contradiction between the major indicators blocks the bullish rally to expect providing some sideways trades by moving between 129.60 support and the mentioned barrier.
We remind you that succeeding to breach the current barrier and getting positive close will open the way to resume the bullish correction to target some positive levels that start at 133.00.
Expected trading range for today is between 132.20 and 130.80
Expected trend for today: Sideways
Forex and Currency News
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
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 ...
Forex Technical Analysis
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...
Forex
The EURCAD under the negative pressure – Forecast today – 26-4-2024
2024-04-26 06:52AM UTC
EURCAD Price Analysis Expected Scenario The EURCAD price repeated the negative closings ...
Forex
The EURJPY achieves the second target – Forecast today – 26-4-2024
2024-04-26 06:47AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair formed new bullish rally ...