EURJPY keeps the positivity – Analysis – 1-8-2017
Economies.com
2017-08-01 07:07AM UTC
The EURJPY pair returned to form some positive trades to notice its consolidation above 129.80 level, hinting the affection by the bullish bias domination, while the price gets its positive strength by the stability of the main support at 128.70, to keep waiting to achieve the main targets located at 132.25 followed by 134.45.
We notice stochastic renewing the attempts to consolidate within the overbought areas to provide the price with new positive momentum and eases the attempt to achieve the main targets.
Expected trading range for today is between 129.80 and 132.25
Expected trend for today: Bullish
Forex and Currency News
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
US Dollar extends losses after inflation data
2024-05-15 20:25PM UTC
The US dollar fell against most major rivals on Wednesday, extending losses after the release of US ...
Forex
US consumer prices miss estimates in April
2024-05-15 12:39PM UTC
US consumer prices rose 0.3% m/m in April, missing estimates of a 0.4% ...
Forex Technical Analysis
Forex
The NZDCAD regains the bullish track – Forecast today – 16-5-2024
2024-05-16 05:41AM UTC
NZDCAD Price Analysis Expected Scenario The NZDCAD price succeeded in regaining the ...
Forex
The EURJPY under the correctional effect – Forecast today – 16-5-2024
2024-05-16 05:38AM UTC
EURJPY Pair Analysis Expected Scenario The EURJPY pair provided a new negative close ...
Forex
The GBPJPY hovers around the correctional target – Forecast today – 16-5-2024
2024-05-16 05:37AM UTC
GBPJPY Pair Analysis Expected Scenario The GBPJPY pair activated the correctional ...