EURJPY still bullish – Analysis – 17-1-2019
Economies.com
2019-01-17 08:26AM UTC
The EURJPY pair confirmed keeping the bullish bias domination for the current trades by providing new positive close above 123.50, noticing forming bullish wave by settling at 124.05, while confirming the continuation of the positivity needs the stability of the mentioned support to increase the chances of reaching 124.80 followed by 125.55.
On the other hand, breaking the current support will cancel the positive overview and opens the way to suffer additional losses by moving towards 122.75 followed by 121.55 levels.
Expected trading range for today is between 123.50 and 124.80
Expected trend for today: Bullish
Forex and Currency News
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
Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
Forex
The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
Forex
The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...