The EURJPY surrenders to the stability of the resistance – Analysis – 17-2-2021
Economies.com
2021-02-17 05:58AM UTC
The EURJPY pair surrendered to the stability of the major resistance at 128.45, to notice the beginning of forming correctional bearish waves to settle near 128.00, also, stochastic exit from the overbought areas will increase the negative pressures to force the price to resume the negative correction until testing 127.45 support line followed by renewing the bullish attempts in order to find a way to move to the bullish track in the upcoming period.
The expected trading range for today is between 128.25 and 127.45
The expected trend for today: Bearish temporarily
Forex and Currency News
Forex
Dollar climbs ahead of crucial US data
2024-04-30 11:33AM UTC
The dollar rose in European trade on Tuesday against a basket of major rivals away from two-week ...
Forex
Euro under pressure ahead of European inflation data
2024-04-30 07:41AM UTC
Euro declined in European trade on Tuesday against a basket of major rivals, backing away from ...
Forex
Dollar loses ground as markets focus on corporate earnings
2024-04-29 18:46PM UTC
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the ...
Forex Technical Analysis
Forex
The USDCHF price hits the first target – Forecast today - 01-05-2024
2024-05-01 03:47AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price resumed its positive trades ...
Forex
The NZDUSD price breaks the support – Forecast today - 01-05-2024
2024-05-01 03:47AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price managed to achieve our waited ...
Forex
The AUDUSD price surpasses the target – Forecast today - 01-05-2024
2024-05-01 03:47AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price traded with clear negativity ...