EURJPY affected by the indicators’ contradiction – Analysis – 20-9-2018
Economies.com
2018-09-20 06:54AM UTC
The EURJPY pair continued to provide sideways fluctuation due to the continuous contradiction between the major indicators, while the stability of 129.90 support confirms the preparation to resume the correctional bullish attack in the medium term period that mainly targets 132.20 resistance.
On the other hand, crawling below the mentioned support will cancel the positive overview to force the price to form strong negative rally and move towards 38.2% Fibonacci correction level at 128.85.
Expected trading range for today is between 130.80 and 132.20
Expected trend for today: Bullish
Forex and Currency News
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
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 Technical Analysis
Forex
End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...