EURJPY surpasses negatively – Analysis – 12-1-2017
Economies.com
2017-01-12 08:50AM UTC
The EURJPY price continued forming negative trading since the last period, to notice its decline below the support at 121.60, to keep the bearish bias domination in the upcoming period, we expect targeting 120.00 level initially, to be attracted to 118.60 and faces the moving average 55.
Stochastic succeeded to reach the oversold level, which provides strong negative momentum to open the way towards forming new negative trading until reaching the suggested targets.
Expected trading range for today is between 122.00 and 120.00
Expected trend for today: Bearish
Forex and Currency News
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
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
Forex
The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
Forex
The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...