The EURJPY settles within the negative range – Analysis – 25-3-2019
Economies.com
2019-03-25 07:25AM UTC
The EURJPY pair kept its stability within the bearish channel by providing new negative close below 124.40 resistance, while the continuous stability of this resistance allows us to suggest more negative closings that target 123.50 initially, followed by reaching 122.00 in the upcoming period.
Stochastic continuous fluctuation within the oversold areas reinforces the bearish overview by providing strong negative momentum to ease the mission of recording the suggested targets.
The expected trading range for today is between 124.40 and 123.50
The expected trend for today: Bearish
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% ...