The EURJPY repeats the fluctuation within the bearish channel – Analysis – 26-11-2019
Economies.com
2019-11-26 07:58AM UTC
The EURJPY pair ended its last fluctuation by providing a new negative close below the bearish channel’s resistance at 120.75, to increase the chances for renewing the suggested negative attempts.
Reminding you that the waited negative target is stable at 119.10 level, which forms the minor bullish channel’s support, and reaching below this support will confirm targeting new bearish levels that might begin at 118.60 reaching to 116.60 in the upcoming period.
The expected trading range for today is between 120.75 and 119.10
The expected trend for today: Bearish
Forex and Currency News
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
Yen extends losses as intervention momentum from Japanese authorities fades
2024-05-07 04:03AM UTC
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a ...
Forex Technical Analysis
Forex
The USDCHF price continues to rise – Forecast today - 08-05-2024
2024-05-08 03:54AM UTC
USDCHF Price Analysis Outlook and Forecast for Current Trading Sessions Expected ...
Forex
The NZDUSD price breaks the support – Forecast today - 08-05-2024
2024-05-08 03:54AM UTC
NZDUSD Price Analysis Outlook and Forecast for Current Trading Sessions Expected ...
Forex
The AUDUSD price under the negative pressure – Forecast today - 08-05-2024
2024-05-08 03:54AM UTC
AUDUSD Price Analysis Outlook and Forecast for Current Trading Sessions Expected ...