The EURJPY ends the negative trades – Forecast today – 15-4-2024
Economies.com
2024-04-15 05:34AM UTC
Scenarios and Trading Range
The EURJPY pair achieved the negative targets on last Friday by touching 162.20 level, to form new support and manage to cover the losses by forming strong bullish rebound and touch 163.85 level.
The price attempt to settle above the MA55 and getting positive momentum by stochastic confirm getting rid of the negative pressures, to start suggesting the bullish attempts for the upcoming period, which target 164.25 followed by 164.80 levels.
The expected trading range for today is between 163.40 and 164.25
Scenario Report
- Achievement of negative targets by touching 162.20 level.
- Formation of new support and strong bullish rebound.
- Settling above MA55 and gaining positive momentum.
- Bullish attempts targeting 164.25 and 164.80 levels.
Forex and Currency News
Forex
Dollar parks at two-week highs ahead of Fed decisions
2024-05-01 11:37AM UTC
The dollar rose in European trade on Wednesday against a basket of major rivals, extending gains ...
Forex
Kiwi plumbs two-week trough after disappointing labor data
2024-05-01 05:03AM UTC
The New Zealand dollar fell in Asian trade on Wednesday against a basket of major rivals, ...
Forex
Dollar climbs ahead of crucial US data
2024-04-30 11:33AM UTC
The dollar rose in European trade on Tuesday against a basket of major rivals away from two-week ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 01-05-2024
2024-05-01 10:07AM UTC
GBPUSD Price Analysis: Expected Scenarios The GBPUSD price attempted to break 1.2480$ level but it ...
Forex
The EURUSD price forecast update - 01-05-2024
2024-05-01 10:07AM UTC
EURUSD Price Analysis: Expected Scenarios The EURUSD price shows some slight bullish bias now, ...
Forex
The GBPCHF provides positive signal – Forecast today – 1-5-2024
2024-05-01 05:33AM UTC
Scenarios and Trading Range Expected Scenarios GBPCHF price provided positive signals by ...