The EURJPY crawls towards the support – Analysis – 14-6-2019
Economies.com
2019-06-14 07:24AM UTC
The EURJPY pair resumed its negative crawling to approach 122.00 support, reminding you that it is important to hold above this support to confirm the attempt to renew the bullish correction that targets 123.10 followed by 123.80 levels.
On the other hand, surrendering to the negative pressures – provided by stochastic consolidation within the oversold areas – will confirm surrendering to the domination of the bearish bias, expecting to suffer big losses by moving towards 121.45 and 120.80 levels.
The expected trading range for today is between 122.00 and 123.10
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex
Yen extends losses as intervention momentum from Japanese authorities fades
2024-05-07 04:03AM UTC
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a ...
Forex Technical Analysis
Forex
The EURJPY achieves some targets – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Bullish Attack EURJPY pair utilizes ...
Forex
The GBPJPY begins to rise – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Correctional Decline Ended GBPJPY pair ...
Forex
The USDCHF price attempts to recover – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
USDCHF Price Analysis The USDCHF price shows positive trades, indicating a potential resumption ...