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The EURJPY settles within temporary sideways range – Analysis – 19-3-2021

2021-03-19 08:07:32 GMT (Economies.com)
The EURJPY settles within temporary sideways range – Analysis – 19-3-2021
 

The EURJPY pair formed new sideways trades to notice its stability near the additional support at 129.60, to resist the negative pressures caused by stochastic crawl towards 50 level.

 

The stability within the bullish channel allows us to wait to gather the positive momentum to confirm its preparation to record the main targets around 130.75 and 131.80 levels.

 

The expected trading range for today is between 129.60 and 131.00

 

The expected trend for today: Bullish

 
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  Symbol Last Change Chg.%
EUR/USD
1.1982
0.0071
0.5994%
Midday update for the EURUSD 16-04-2021
GBP/USD
1.3839
0.0091
0.6648%
Tadawul
9987.92
124.63
1.26%
Silver
25.945
0.850
3.387%
Oil
63.092
2.702
4.474%
Midday update for Crude oil 16-04-2021
Brent Oil
66.70
-0.23
0.34%
Gold
1775.845
38.910
2.240%
Update: Gold price continues to achieve gains
 
 
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