The EURJPY hits the target – Analysis – 22-6-2022

Economies.com
2022-06-22 05:01AM UTC

The EURJPY pair succeeded to surpass 142.20 level yesterday, to manage to form strong bullish attack and achieve the waited targets by reaching 144.00, approaching the recently recorded high.

 

The current rebound won’t form any threat to the bullish track due to the continuous positive momentum coming by the major indicators, allowing us to keep the bullish overview that might target new positive stations soon, starting at 144.70 followed by 145.65.

 

The expected trading range for today is between 142.80 and 144.70

 

Open Live Trading Account

The expected trend for today: Bullish

Forex and Currency News

USD/JPY news

Forex

Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex 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 ...
AUD/USD news

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 Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price presses on the key support ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
GBP USD Analysis

Forex

The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...