The EURJPY repeats the positive closings – Analysis – 9-8-2022
Economies.com
2022-08-09 05:58AM UTC
No change to the EURJPY pair’s bullish track, as it keeps fluctuating within the bullish channel, in addition to its recent fluctuation above the additional support at 136.65, to notice achieving new positive target by reaching 137.95.
Note that it is important to gather the additional positive momentum to reinforce the bullish track and assist to reach the additional positive stations represented by 138.55 followed by reaching 139.65 level that represents 23.6% Fibonacci correction level.
The expected trading range for today is between 136.80 and 138.55
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar hovers near three-week trough as US yields taper off
2024-05-06 11:23AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the ...
Forex
Euro approaches three-week high amid bullish outlook
2024-05-06 08:02AM UTC
Euro rose in European trade on Monday against a basket of major rivals, maintaining gains for the ...
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 Technical Analysis
Forex
The GBPUSD forecast update 06-05-2024
2024-05-06 11:08AM UTC
GBPUSD Price Analysis The GBPUSD price attempts to breach the 1.2580$ level. Waiting to surpass ...
Forex
The EURUSD price forecast update - 06-05-2024
2024-05-06 11:08AM UTC
EURUSD Price Analysis The EURUSD price settles at the intraday bullish channel’s support ...
Forex
Deere price surrounded with positive pressures - Forecast today - 06-05-2024
2024-05-06 10:28AM UTC
Deere & Company’s stock (DE) extended its gains in the intraday levels, amid the ...