The EURJPY continues to record targets – Analysis – 3-4-2020

Economies.com
2020-04-03 08:54AM UTC

The EURJPY pair kept its negative stability below 118.50 to remain within the bearish channel and notice recording additional targets by reaching 116.35.

 

We notice stochastic attempt to crawl towards the oversold areas, to increase the negative pressures and allow us to continue suggesting the negative attempts that might target 115.85 followed by reaching the bearish channel’s support line at 114.90.

 

The expected trading range for today is between 118.00 and 115.85

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

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 News

Forex

Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...
EUR/USD news

Forex

Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The GBPUSD price shows new positive trades attempting to approach the ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The EURUSD price surpassed the 1.0715$ level and closed the last four ...
Technical Analysis

Forex

The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...