The EURJPY renews the negative attempts – Analysis – 19-11-2021
Economies.com
2021-11-19 10:07AM UTC
The EURJPY pair touched 130.00 level by its bullish correctional rally, to form a strong obstacle, to notice its surrender to the bearish bias domination by reaching 128.64.
Note that the attempt of stochastic to provide negative momentum by its fluctuation within the oversold level will increase the negative pressure, to expect suffering extra losses that might extend to 128.10 reaching 126.80 in the upcoming period trading.
The expected trading range for today is between 129.60 and 128.10
The expected trend for today: bearish
Forex and Currency News
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
Forex
The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
Forex
The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...