The EURJPY provides positive signal – Analysis – 19-7-2022
Economies.com
2022-07-19 05:28AM UTC
The EURJPY pair provided positive signal yesterday by fluctuating above 140.10 resistance, recording 140.80 level followed by bouncing below the resistance line due to the lack of the positive momentum until this moment.
These factors support the chances of regaining the bullish bias, while that requires providing positive close above the mentioned resistance to manage to continue rising and record more positive gains by reaching 141.40 and 142.30 levels.
The expected trading range for today is between 139.50 and 141.40
The expected trend for today: Bullish
Forex and Currency News
Forex
Sterling sharpens decline to five-month nadir after weak data
2024-04-19 11:40AM UTC
Sterling tumbled in European trade against a basket of major rivals, sharpening losses for the ...
Forex
Euro approaches week high amid positive outlook
2024-04-18 08:30AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 19-04-2024
2024-04-19 10:43AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price trades with clear positivity to ...
Forex
The EURUSD price forecast update - 19-04-2024
2024-04-19 10:43AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price finds solid support at the ...
Forex
The NZDCAD surrenders to the resistance line stability – Forecast today – 19-4-2024
2024-04-19 08:21AM UTC
NZDCAD Pair Analysis Expected Scenario The NZDCAD pair has confirmed its submission to ...