The AUDJPY renews the negative action – Analysis – 22-9-2021
The AUDJPY pair kept its stability within the bearish channel, to move away from the main resistance at 81.15, noticing recording some negative targets by reaching 78.85.
Note that the moving average 55 fluctuation near the major resistance confirms blocking trades within the bearish track, also, stochastic provides the negative momentum to ease the mission of forming new negative trades, to target 78.40 followed by 76.80 in the upcoming period.
The expected trading range for today is between 79.80 and 78.40
The expected trend for today: Bearish
The European index keeps the positivity – Analysis – 22-9-2021
The European index kept its positive stability within the main bullish channel, to settle near 4100.00 now, noting that 3980.00 level forms additional support, and stochastic settles above 20 level, which support the attempt to renew the bullish waves, waiting to reach 4170.00 followed by attempting to record the next main target at 4305.00.
The expected trading range for today is between 4020.00 and 4170.00
The expected trend for today: Bullish
The EURJPY postpones the bearish attack – Analysis – 22-9-2021
The EURJPY price provided new positive close above the additional support 128.00 to hint postponing the negative attack and increase the chances of targeting correctional positive levels, located around 129.05 and 129.55.
Note that facing new negative pressures and crawling below the mentioned support will force it to resume the negative attack, to extend losses towards 127.45 followed by reaching 38.2% Fibonacci correction level at 126.80.
The expected trading range for today is between 128.00 and 128.90
The expected trend for today: Bullish
The GBPJPY presses on the support – Analysis – 22-9-2021
The GBPJPY pair didn’t succeed to resume the bullish attack, to notice renewing the pressure on the bullish channel’s support line at 149.15, affected by stochastic negativity.
The next scenario depends on the strength of the current support, to expect forming strong bullish trades that might extend towards 150.55 and 151.30, while crawling below the support confirms moving to the bearish track, to expect suffering big losses by moving towards 148.60 and 147.90.
The expected trading range for today is between 149.00 and 150.55
The expected trend for today: Bullish