The EURJPY tends to activate the negative attack – Forecast today – 15-3-2024
Economies.com
2024-03-15 07:58AM UTC
The EURJPY pair kept its negative stability below the additional resistance 162.10, to notice crawling below the MA55 again, forming some negative waves and touching the first negative target by reaching 161.06.
Note that it is important to gather the additional negative momentum to manage to repeat the pressure on 160.85 obstacle, while breaking it will open the way to resume the decline, waiting to reach 160.25 support line after that.
The expected trading range for today is between 161.85 and 160.85
Trend forecast: Bearish
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 ...