The EURJPY needs new momentum – Analysis – 1-4-2022

Economies.com
1 year ago

The EURJPY pair continued to fluctuate above the additional support near 134.70 to confirm its affect by the domination of the previously suggested bullish bias, while the contradiction between the major indicators decreases the strength of the bullish rally, to notice fluctuating near 135.50 within recording any new positive target.

 

Therefore, we are waiting to gather the additional positive momentum to assist to ease the mission of reaching the additional stations near 136.80 followed by reaching 137.55.

 

Advertistment

The expected trading range for today is between 135.00 and 137.55

 

The expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar hits 2023 high on US interest rate forecasts
12 hours ago
Dollar rose in European trade on Tuesday against a basket of major rivals, extending gains for the ...
Forex News

Forex

Reasons that bolster the case for an additional US rate hike.. what are they?
15 hours ago
Amid sharp volatility in dollar's pricing and US treasury yields, markets are speculating about an ...
EUR/USD news

Forex

Euro sharpens decline to six-month trough amid concerns about rate gap
16 hours ago
Euro fell in European trade on Tuesday on track for the sixth straight loss against dollar, ...

Forex Technical Analysis

GBP USD Analysis

Forex

Midday update for the GBPUSD 26-09-2023
14 hours ago
The GBPUSD pair provides extra negative trading, reinforcing the expectations for the continuation ...
EUR USD Analysis

Forex

Midday update for the EURUSD 26-09-2023
14 hours ago
The EURUSD pair provided clear negative trading this morning, and returns to show slight bullish ...
Technical Analysis

Forex

The GBPCHF repeats the negative closes – Analysis – 26-9-2023
18 hours ago
The GBPCHF confirmed its surrender to the bearish bias domination by providing new closes below the ...