GBP JPY provides positive signals 21/3/2013
Economies.com
2013-03-21 08:27AM UTC
The pair trades with stability above the moving average 55 to provide positive signals by achieving 145.20, thus the price settles inside the bullish channel to expect more positivity in the near and medium trading to visit 145.90 followed by 147.05
By the enclosed chart we notice the stability of the moving average around the support level to support the positivity for the upcoming trading, also Stochastic breaches 80 level to settle in the overbought level which supports the expected positivity.
Expected trading range is between 144.00 and 146.00
Expected trend: 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 GBPUSD forecast update 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The GBPUSD price shows new positive trades attempting to approach the ...
Forex
The EURUSD price forecast update - 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The EURUSD price surpassed the 1.0715$ level and closed the last four ...
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 ...