The EURJPY repeats the negative closings – Analysis – 28-6-2022

Economies.com
2022-06-28 05:20AM UTC

The EURJPY pair repeated the negative closings below 144.25 recorded high, which forms strong obstacle against the attempt to resume the bullish attack for now, which allows us to keep the correctional bearish overview for the near term and medium term period.

 

The above chart shows stochastic continuous negative waves, to increase the chances of gathering the negative momentum, to keep waiting to touch the negative stations at 142.20 followed by reaching 140.90.

 

The expected trading range for today is between 143.70 and 142.20

 

Open Live Trading Account

The expected trend for today: Bearish

Forex and Currency News

Forex News

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 ...
EUR/USD news

Forex

Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
Forex News

Forex

The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...

Forex Technical Analysis

EUR USD Analysis

Forex

The EURUSD price forecast update - 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The EURUSD price surpassed the 1.0715$ level and closed the last four ...
Technical Analysis

Forex

The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...
EUR JPY Analysis

Forex

The EURJPY achieves fake gains – Forecast today – 29-4-2024
2024-04-29 05:51AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair started today by forming ...