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

Economies.com
1 year ago

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.

 

Advertistment

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

EUR/USD news

Forex

Euro trades near six-month low ahead of major European data
21 hours ago
Euro fell in European trade on Friday against a basket of major rivals, extending losses for the ...
GBP/USD news

Forex

Sterling sharpens decline to six-month lows after surprise decision by BOE
1 day ago
Sterling fell on Thursday after Bank of England announced a surprise pause in the cycle of rate ...
Forex News

Forex

Dollar extends gains to six-month high on Fed prospects
1 day ago
US Dollar rose in European trade on Thursday against a basket of major rivals for the third ...

Forex Technical Analysis

NZD USD Analysis

Forex

Midday update for the NZDUSD 22-09-2023
18 hours ago
The NZDUSD pair breached 0.5940 level clearly to activate the positive scenario in the upcoming ...
AUD USD Analysis

Forex

Midday update for the AUDUSD 22-09-2023
18 hours ago
The AUDUSD pair trades positively to surpass 0.6440 and attempts to hold above it, to hint heading ...
GBP USD Analysis

Forex

Midday update for the GBPUSD 22-09-2023
18 hours ago
The GBPUSD pair resumes its negative trading clearly to press on the bearish channel’s ...