The EURJPY eases the way to a new decline – Analysis – 26-9-2019
Economies.com
2019-09-26 07:33AM UTC
The EURJPY pair kept its stability within the negative range by its fluctuation below 23.6% Fibonacci correction level at 118.40 besides providing a new negative momentum by stochastic by its fluctuation within the oversold level.
And that makes us keep our negative expectation, to keep waiting for forming an extra negative attack, to target 117.20 level and breaking it might the losses to 116.55, to form the main target of the bearish bias.
The expected trading range for today is between 118.50 and 117.20
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex
Franc is best performing major currency after Swiss data
2024-05-02 07:52AM UTC
Swiss Franc rallied in European trade on Thursday, extending gains for the second straight day ...
Forex
Dollar parks at two-week highs ahead of Fed decisions
2024-05-01 11:37AM UTC
The dollar rose in European trade on Wednesday against a basket of major rivals, extending gains ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 02-05-2024
2024-05-02 09:06AM UTC
GBPUSD Trading Report The GBPUSD price shows weak trades since morning, settling above 1.2500$ ...
Forex
The EURUSD price forecast update - 02-05-2024
2024-05-02 09:05AM UTC
EURUSD Trading Report The EURUSD price continues to fluctuate around 1.0715$ level, and we still ...
Forex
The EURGBP tests key support – Forecast today – 2-5-2024
2024-05-02 08:15AM UTC
Expected Scenarios The EURGBP price formed many bearish trades recently, to test 38.2% ...