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
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex Technical Analysis
Forex
The EURCAD under the negative pressure – Forecast today – 26-4-2024
2024-04-26 06:52AM UTC
EURCAD Price Analysis Expected Scenario The EURCAD price repeated the negative closings ...
Forex
The EURJPY achieves the second target – Forecast today – 26-4-2024
2024-04-26 06:47AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair formed new bullish rally ...
Forex
The GBPJPY records big gains – Forecast today – 26-4-2024
2024-04-26 06:46AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair succeeded to keep the bullish ...