The EURJPY records some of the negative targets – Analysis – 26-9-2022
Economies.com
2022-09-26 05:29AM UTC
The EURJPY pair is affected by the bearish bias domination after it provided several negative closes below 141.10 level, to notice by the above image forming strong bearish waves, achieving some of the targets by reaching 137.35.
The attempt of 23.6% Fibonacci correction level at 139.70 to form an extra support and the continuation of providing negative momentum by stochastic, make us expect renewing the negative attempts in order to reach 136.70, and breaking it might extend the losses towards 135.55 in the medium period.
The expected trading range for today is between 139.30 and 137.00
The expected trend for today: Bearish
Forex and Currency News
Forex
Euro under pressure ahead of European inflation data
2024-04-30 07:41AM UTC
Euro declined in European trade on Tuesday against a basket of major rivals, backing away from ...
Forex
Dollar loses ground as markets focus on corporate earnings
2024-04-29 18:46PM UTC
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the ...
Forex
Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price trades with clear negativity to ...
Forex
The AUDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price is facing additional negative ...
Forex
The GBPUSD forecast update 30-04-2024
2024-04-30 09:23AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price trades negatively now to confirm ...