The EURJPY keeps the positivity – Analysis – 5-1-2021
Economies.com
2021-01-05 06:15AM UTC
Despite the negative pressure that the EURJPY pair continued to face, the frequent stability above the minor bullish channel’s support line at 125.70 allows us to keep the bullish overview.
Confirming the continuation of the positivity needs positive momentum to manage to jump above 126.60 obstacle followed by starting to record the additional targets that start at 127.40 and 128.30 levels.
The expected trading range for today is between 125.75 and 126.80
The expected trend for today: Bullish
Forex and Currency News
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
Kiwi plumbs two-week trough after disappointing labor data
2024-05-01 05:03AM UTC
The New Zealand dollar fell in Asian trade on Wednesday against a basket of major rivals, ...
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 Technical Analysis
Forex
The USDCHF price gathers the positive momentum – Forecast today - 02-05-2024
2024-05-02 04:03AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price faced temporary negative pressure ...
Forex
The NZDUSD price places higher lows – Forecast today - 02-05-2024
2024-05-02 04:03AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price ended yesterday positively to settle ...
Forex
The AUDUSD price is recovering – Forecast today - 02-05-2024
2024-05-02 04:02AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price surpassed 0.6500$ level and settled ...