EURJPY takes a breath – Analysis – 17-9-2018
Economies.com
2018-09-17 07:09AM UTC
The EURJPY pair formed intraday negative rebound, attempting to take a breath before resuming the bullish attack, to settle around 130.10 level, reminding you that the bullish scenario depends on the stability of 128.80 support, allowing us to wait to gather new positive momentum followed by repeating the attempts to reach 131.10 followed by 131.85 levels.
We will depend on 129.80 level forming additional support to increase the chances of gathering the positive momentum followed by starting to target the mentioned positive levels.
Expected trading range for today is between 129.90 and 131.10
Expected trend for today: Bullish
Forex and Currency News
Forex
Dollar climbs ahead of crucial US data
2024-04-30 11:33AM UTC
The dollar rose in European trade on Tuesday against a basket of major rivals away from two-week ...
Forex
Euro under pressure ahead of European inflation data
2024-04-30 07:41AM UTC
Euro declined in European trade on Tuesday against a basket of major rivals, backing away from ...
Forex
Dollar loses ground as markets focus on corporate earnings
2024-04-29 18:46PM UTC
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price trades with clear negativity to ...
Forex
The AUDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price is facing additional negative ...
Forex
The GBPUSD forecast update 30-04-2024
2024-04-30 09:23AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price trades negatively now to confirm ...