The EURJPY gathers its strengths – Forecast today – 22-4-2024
Economies.com
2024-04-22 05:20AM UTC
EURJPY Pair Price Analysis
Expected Scenario
- The EURJPY pair started to gain positive momentum since providing many positive closings above the MA55 at 164.00, forming additional support against bullish attempts, which supports rallying towards 165.00.
- Stochastic reaching the overbought areas will increase positive pressures, allowing us to maintain a bullish overview targeting the 165.30 level soon, followed by reaching the next barrier at 165.70.
Expected Trading Range
Between 164.45 support and 165.70 resistance.
Trend Forecast: Bullish
Forex and Currency News
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
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
Forex
The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
Forex
The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...