The EURJPY repeats the positive attempts – Analysis – 5-8-2020
Economies.com
2020-08-05 05:29AM UTC
The EURJPY pair continued to fluctuate within the bullish channel recently, to notice its fluctuation above 123.75 and confirm moving into the next positive station that will push the price to record new positive targets that start at 125.20 and 125.80 levels.
Note that the moving average 55 continuous fluctuation below the current price besides stochastic attempt to reach 80 level agree the continuation of the positivity, and provide the price with new positive momentum until achieving the suggested additional positive targets.
The expected trading range for today is between 124.20 and 125.80
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
Forex
The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
Forex
The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...