No change for GBP JPY 18/6/2013

Economies.com
2013-06-18 08:29AM UTC

From the above chart, we notice the pair stability around the moving average 55 recently without any change in the price, to keep the support line stable against the current trading, waiting for positive momentum to achieve the previously expected positive bias.

 

The expected targets remain around 151.00 followed by 153.80 by holding above the support line 147.50, and we notice stochastic attempt to form bullish wave to leave 20 level and provide the required positive momentum in the upcoming period.

 

Expected trading range is between: 147.60 and 151.00

 

Expected trend for today: Bullish

Forex and Currency News

EUR/USD news

Forex

Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
USD/JPY news

Forex

Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex News

Forex

US Dollar extends losses after inflation data
2024-05-15 20:25PM UTC
The US dollar fell against most major rivals on Wednesday, extending losses after the release of US ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price consolidates above the support – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for USDCHF Expected Scenario The USDCHF price couldn’t manage to ...
NZD USD Analysis

Forex

The NZDUSD price needs the positive momentum – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for NZDUSD Expected Scenario The NZDUSD price shows sideways trades in the ...
AUD USD Analysis

Forex

The AUDUSD price heads towards resting the neckline – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for AUDUSD Expected Scenario The AUDUSD price faces temporary negative ...