The EURJPY lacks the positive momentum – Forecast today – 27-3-2024
Economies.com
2024-03-27 05:31AM UTC
EURJPY Pair Analysis
The EURJPY pair failed to confirm surpassing 163.25 obstacle yesterday, to form new sideways fluctuation affected by stochastic negativity contradiction against the main stability above the bullish channel’s support line at 163.70.
The price might form more sideways trades until gathering the positive momentum again, to ease the mission of resuming the bullish attack by surpassing the mentioned obstacle first followed by waiting to achieve the targets near 164.80 and 165.33.
The expected trading range for today is between 163.80 and 164.80.
Trend forecast: Bullish
Forex and Currency News
Forex
Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
Forex
The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex Technical Analysis
Forex
The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...
Forex
The EURJPY achieves fake gains – Forecast today – 29-4-2024
2024-04-29 05:51AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair started today by forming ...
Forex
The GBPJPY exceeds the expectations – Forecast today – 29-4-2024
2024-04-29 05:49AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair was affected by strong economic ...