The EURJPY hits the target – Analysis – 3-8-2022
Economies.com
2022-08-03 07:02AM UTC
The EURJPY pair succeeded to reach the additional negative target at 133.50, to form solid obstacle against the negative attempts and rebounds positively towards 136.05, expecting to form mixed trades now in order to reinforce the chances of gaining the positive momentum and cover more suffered losses to target 136.65 that formed additional barrier recently against the negative trades.
Note that succeeding to breach 136.65 and getting positive closings above it will assist to activate the bullish track again, to expect forming strong bullish rally and reach towards 138.20 initially.
The expected trading range for today is between 134.65 and 136.65
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar climbs ahead of crucial US data
2024-04-30 11:33AM UTC
The dollar rose in European trade on Tuesday against a basket of major rivals away from two-week ...
Forex
Euro under pressure ahead of European inflation data
2024-04-30 07:41AM UTC
Euro declined in European trade on Tuesday against a basket of major rivals, backing away from ...
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 Technical Analysis
Forex
The NZDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price trades with clear negativity to ...
Forex
The AUDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price is facing additional negative ...
Forex
The GBPUSD forecast update 30-04-2024
2024-04-30 09:23AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price trades negatively now to confirm ...