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The EURJPY surrenders to the domination of the bullish bias – Analysis – 20-10-2022
No change to the EURJPY pair’s bullish track that remains stable above the additional support at 145.65, to increase the chances of resuming the bullish attack in the near term and medium term period, also, the major indicators continue to provide the positive momentum to increase the efficiency of the bullish track, to keep waiting to move towards the first additional target at 147.60, while surpassing it will open the way to reach 148.40 and 149.35 levels.
The expected trading range for today is between 146.00 and 147.60
The expected trend for today: Bullish
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The GBPJPY awaits the positive momentum – Analysis – 20-10-2022
No news for the GBPJPY pair since yesterday, due to the lack of the positive momentum, repeating its sideways fluctuation near 168.40, while the main stability within the bullish channel and the stability of the additional support near 166.40 allow us to wait to gather the additional positive momentum to ease the mission of resuming the rise and achieve new gains by surpassing 170.00 to reach 170.70 and 172.45.
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