The AUDJPY resumes the bullish correction – Analysis – 15-4-2019
Economies.com
2019-04-15 07:07AM UTC
The AUDJPY pair hinted the tend to resume the bullish correction by providing new positive stability above the moving average 55 that forms additional support at 79.40, to notice touching 80.50 level.
Also, stochastic reach to the overbought areas will increase the chances of gathering the positive momentum, to increase the chances of forming new bullish waves and expect targeting 81.10 followed by reaching the bearish channel’s resistance at 81.60.
The expected trading range for today is between 79.85 and 81.10
The expected trend for today: Bullish
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
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 ...
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 Technical Analysis
Forex
The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...