No news for the EURJPY – Analysis – 8-4-2021

2021-04-08 05:14:48 GMT (Economies.com)
 

The EURJPY pair did not succeed to record any new positive target until this moment, affected by the stability of 130.75 barrier, to notice forming continuous weak sideways fluctuation and settling near 130.20.

 

The continuous stability of the mentioned barrier might force the price to form temporary correctional rebound, to test the minor bullish channel’s support line at 129.15, while succeeding to breach the barrier and hold above it will open the way to start achieving new positive targets to expect moving towards 131.60 followed by reaching 132.70.

 

The expected trading range for today is between 129.30 and 130.30

 

The expected trend for today: Fluctuated within the bullish track

 
 
 
  Symbol Last Change Chg.%
1.1982
0.0071
0.5994%
1.3839
0.0091
0.6648%
Tadawul
9987.92
124.63
1.26%
25.945
0.850
3.387%
63.092
2.702
4.474%
66.70
-0.23
0.34%
1775.845
38.910
2.240%
 
 
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