The EURJPY pair settles above 129.50 level, to build good support base that adds more confirmation to the continuation of the bullish trend in the upcoming period, waiting to continue rising towards our positive targets that reach 130.80 followed by 132.20, while achieving them conditions holding above 128.80.
Expected trading range for today is between 129.00 and 130.80
Expected trend for today: Bullish
The GBPJPY pair shows continues positive attempts to start moving above the main bullish channel’s support line that was broken previously, which rises now to 147.65, which supports the continuation of our bullish overview on the short term and medium term basis, paving the way to achieve our positive targets that begin at 148.80 and extend to 150.80, motivated by the positive overlapping signal that stochastic provides now.
Therefore, we will keep our bullish overview in the upcoming sessions conditioned by the price stability above 147.65.
Expected trading range for today is between 147.00 and 148.80
Expected trend for today: Bullish
Litecoin price managed to break 102.00 level and attempts to hold above it, which supports the continuation of our bearish overview efficiently in the upcoming sessions, noting that stochastic and the EMA50 provide negative signals that support the expected decline, which its next target located at 88.00, while holding below 130.00 represents key condition to achieve it.
Expected trading range for today is between 88.00 support and 113.00 resistance
Expected trend for today: Bearish
Ripple price managed to break 0.57 level and hold below it, which supports the continuation of our bearish overview in the upcoming period, which its next target located at 0.46, while holding below 0.65 represents key condition to continue the expected decline, which gets continuous negative support by the EMA50.
Expected trading range for today is between 0.46 support and 0.65 resistance
Expected trend for today: Bearish