EUR JPY is back to the positive trading 14/11/2012
Economies.com
2012-11-14 08:39AM UTC
The pair attempts to breach the support level at 100.35 yesterday didn't succeed to return moving higher again and closed around the moving average near to 100.15
We witnessed a clear positive trading since morning that makes the pair able to surpass the moving average reaching to 101.65, and we expect continuing the bullish bias reaching to the breached channel support around 102.85.
Stochastic gets rid of the bearish wave to get out of the oversold area to support the price bullishness again.
Expected trading range for today is between: 101.10 and 102.80
Expected trend for today: Bullish, as long as 100.35 remains intact
Forex and Currency News
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex Technical Analysis
Forex
The USDCHF price faces solid resistance – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price encountered solid resistance at ...
Forex
The NZDUSD price rises again – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price has returned to rise after a ...
Forex
The AUDUSD price attempts positively – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price has shown new positive trades ...