The EURJPY postpones the bearish attack – Analysis – 22-9-2021
Economies.com
2021-09-22 04:53AM UTC
The EURJPY price provided new positive close above the additional support 128.00 to hint postponing the negative attack and increase the chances of targeting correctional positive levels, located around 129.05 and 129.55.
Note that facing new negative pressures and crawling below the mentioned support will force it to resume the negative attack, to extend losses towards 127.45 followed by reaching 38.2% Fibonacci correction level at 126.80.
The expected trading range for today is between 128.00 and 128.90
The expected trend for today: Bullish
Forex and Currency News
Forex
Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price presses on the key support ...
Forex
The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
Forex
The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...