The EURJPY repeats the positive closings – Analysis – 30-3-2021
Economies.com
2021-03-30 05:17AM UTC
No change to the EURJPY pair’s track as it keeps fluctuating above the bullish channel’s support line at 128.60, thus, we will keep waiting to gather the required additional positive momentum to achieve the main targets at 130.10 and 130.70.
On the other hand, attempting to crawl below the mentioned support will hint moving to the bearish track, to force it to suffer many losses by declining towards 127.80 followed by reaching 38.2% Fibonacci correction level at 126.70.
The expected trading range for today is between 128.70 and 130.10
The expected trend for today: Bullish
Forex and Currency News
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
Franc is best performing major currency after Swiss data
2024-05-02 07:52AM UTC
Swiss Franc rallied in European trade on Thursday, extending gains for the second straight day ...
Forex
Dollar parks at two-week highs ahead of Fed decisions
2024-05-01 11:37AM UTC
The dollar rose in European trade on Wednesday against a basket of major rivals, extending gains ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 02-05-2024
2024-05-02 09:06AM UTC
GBPUSD Trading Report The GBPUSD price shows weak trades since morning, settling above 1.2500$ ...
Forex
The EURUSD price forecast update - 02-05-2024
2024-05-02 09:05AM UTC
EURUSD Trading Report The EURUSD price continues to fluctuate around 1.0715$ level, and we still ...
Forex
The EURGBP tests key support – Forecast today – 2-5-2024
2024-05-02 08:15AM UTC
Expected Scenarios The EURGBP price formed many bearish trades recently, to test 38.2% ...