USDJPY still stuck – Analysis - 01-03-2018
Economies.com
2018-03-01 05:09AM UTC
The USDJPY pair traded negatively yesterday to approach the key support 106.35, which represents one of the next trend keys besides 107.40 resistance, and we still waiting to surpass one of these levels to get clearer signal for the next trend, which keeps our neutrality valid until now.
The contradiction between stochastic positivity and the EMA50 negativity provides another reason for neutrality, while our previous report shows the details of the expected targets after breaching the above mentioned levels.
Expected trading range for today is between 105.80 support and 107.40 resistance.
Expected trend for today: Depends on the above mentioned levels
Forex and Currency News
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex
Yen extends losses as intervention momentum from Japanese authorities fades
2024-05-07 04:03AM UTC
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a ...
Forex Technical Analysis
Forex
The USDCHF price continues to rise – Forecast today - 08-05-2024
2024-05-08 03:54AM UTC
USDCHF Price Analysis Outlook and Forecast for Current Trading Sessions Expected ...
Forex
The NZDUSD price breaks the support – Forecast today - 08-05-2024
2024-05-08 03:54AM UTC
NZDUSD Price Analysis Outlook and Forecast for Current Trading Sessions Expected ...
Forex
The AUDUSD price under the negative pressure – Forecast today - 08-05-2024
2024-05-08 03:54AM UTC
AUDUSD Price Analysis Outlook and Forecast for Current Trading Sessions Expected ...