The EURJPY pair continued to provide slow positive trades, attempting to take advantage of the stability of 127.30 support line, while the contradiction of the moving average 55 negativity that fluctuates above the current price forces the price to provide slow trading, to settle near 128.60.

We notice that stochastic attempts to provide the positive momentum, to ease the mission of reaching 129.80 level soon, while surpassing this level obstacle will push the price to achieve additional gains by rallying towards 130.80 and 131.75 levels in the upcoming period.

The expected trading range for today is between 127.60 and 129.80

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1343	-0.0062	0.5397%
Midday update for the EURUSD 19-01-2022
	GBP/USD	1.3609	-0.0049	0.3558%

	Tadawul	12260.13	73.83	0.61%

	Silver	24.119	1.107	4.811%

	Oil	85.117	1.248	1.488%
Midday update for Crude oil 19-01-2022
	Brent Oil	88.44	0.93	1.06%

	Gold	1839.190	18.730	1.029%
Update: Gold price breaches the resistance

Live Forex Updates

Dollar extends gains as US Treasury yields rally

2022-01-18 13:41:06 GMT

European economic sentiment jumps to highest level since July 2021

2022-01-18 11:17:33 GMT

German economic sentiment hits 6-month high

2022-01-18 11:15:58 GMT

Euro under pressure after another jump in US bonds

2022-01-18 09:40:54 GMT

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