The EURJPY pair moved away from 144.25 recorded high, forming strong correctional bearish waves to consolidate below 142.25, affected by stochastic negativity, to increase the chances of resuming the correctional decline for now.

We expect to move towards 141.30 soon, while the continuous negative pressures might push the price to suffer new losses by crawling towards 140.65 and 140.00 levels.

The expected trading range for today is between 142.50 and 140.65

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0169	-0.0050	0.4903%
Midday update for the EURUSD 16-08-2022
	GBP/USD	1.2099	-0.0005	0.0438%

	Silver	20.128	-0.122	0.603%

	Oil	86.925	-0.336	0.385%
Midday update for Crude oil 16-08-2022
	Brent Oil	92.34	-2.76	2.90%

	Gold	1775.145	-6.540	0.367%
Midday update for Gold 16-08-2022

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