The EURJPY surrenders to the indicators’ contradiction – Analysis – 17-8-2022
Economies.com
2022-08-17 06:47AM UTC
The EURJPY pair failed to record any new negative target to notice its move towards 136.70 level, affected by the moving average 55 positivity that consolidates near the main bullish channel’s support line, while stochastic repeats its fluctuation near 20 level.
We remind you that the main stability below 137.55 will increase the chances of forming new negative trades, to expect suffering clear losses that might extend towards 134.40 followed by attempting to press on the additional support 133.60.
The expected trading range for today is between 137.00 and 134.40
The expected trend for today: Bearish
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...