The USDJPY price surpasses the first target – Forecast today - 16-04-2024
Economies.com
2024-04-16 03:57AM UTC
USDJPY Price Analysis
- The USDJPY price rallied upwards to surpass our first awaited target at 154.10 and settles above it, reinforcing the expectations of continuing the bullish trend on the intraday and short-term basis. The next positive station is located at 156.00.
- The bullish channels continue to organize the expected bullish wave, receiving continuous support from the EMA50. It's important to note that the continuation of the bullish trend requires holding above 153.55, and more importantly, above 152.60.
The expected trading range for today is between 153.60 support and 155.20 resistance.
Trend forecast: Bullish
Forex and Currency News
Forex
Dollar loses ground as markets focus on corporate earnings
2024-04-29 18:46PM UTC
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the ...
Forex
Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...
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 Technical Analysis
Forex
The GBPCAD provides positive signal – Forecast today – 30-4-2024
2024-04-30 05:40AM UTC
GBPCAD Price Analysis Expected Scenario The GBPCAD price concluded recent trades with a ...
Forex
The GBPJPY regains the bullish attack – Forecast today – 30-4-2024
2024-04-30 05:33AM UTC
GBPJPY Pair Analysis Expected Scenario The GBPJPY pair ended yesterday by providing a new ...
Forex
The USDCHF price under the negative pressure – Forecast today - 30-04-2024
2024-04-30 04:05AM UTC
USDCHF Price Analysis The USDCHF price broke the bullish channel’s support line yesterday ...