EURJPY provides mixed trading – Analysis – 2-2-2017
Economies.com
2017-02-02 07:46AM UTC
The EURJPY lost its positive momentum yesterday to provide mixed trading by bouncing to 121.50 again, but the stability of the support at 120.60 makes us wait for gathering new bullish momentum that allows it to record the initial target at 122.90 to extend the trading to the top at 124.05.
Stochastic attempts to form new bullish wave to support the bullish suggestion and to attempt to provide bullish momentum again, to confirm the price confinement within the bullish range, to wait until reaching the suggested targets.
Expected trading range for today is between 120.60 and 122.90
Expected trend for today: bullish.
Forex and Currency News
Forex
Dollar hovers near three-week trough as US yields taper off
2024-05-06 11:23AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the ...
Forex
Euro approaches three-week high amid bullish outlook
2024-05-06 08:02AM UTC
Euro rose in European trade on Monday against a basket of major rivals, maintaining gains for the ...
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 06-05-2024
2024-05-06 11:08AM UTC
GBPUSD Price Analysis The GBPUSD price attempts to breach the 1.2580$ level. Waiting to surpass ...
Forex
Deere price surrounded with positive pressures - Forecast today - 06-05-2024
2024-05-06 10:28AM UTC
Deere & Company’s stock (DE) extended its gains in the intraday levels, amid the ...
Forex
The USDCHF price hits the target – Forecast today - 06-05-2024
2024-05-06 04:09AM UTC
USDCHF Price Analysis Expected Scenarios The USDCHF price managed to achieve our waited ...