Despite the recent weak trades, the EURJPY pair positive stability above 127.30 support line forms main factor to confirm the previously expected bullish scenario, noticing the price reaction to stochastic rally above 50 level, to manage to renew the bullish attempts and reach 129.50.

The price needs to breach 129.80 barrier to open the way to record new positive targets that might start at 130.80 followed by 131.60.

The expected trading range for today is between 128.70 and 130.25

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1341	-0.0063	0.5502%
Midday update for the EURUSD 19-01-2022
	GBP/USD	1.3608	-0.0050	0.3650%

	Tadawul	12260.13	73.83	0.61%

	Silver	24.115	1.104	4.795%

	Oil	85.139	1.270	1.514%
Midday update for Crude oil 19-01-2022
	Brent Oil	88.44	0.93	1.06%

	Gold	1839.490	19.030	1.045%
Update: Gold price breaches the resistance

Live Forex Updates

Dollar extends gains as US Treasury yields rally

2022-01-18 13:41:06 GMT

European economic sentiment jumps to highest level since July 2021

2022-01-18 11:17:33 GMT

German economic sentiment hits 6-month high

2022-01-18 11:15:58 GMT

Euro under pressure after another jump in US bonds

2022-01-18 09:40:54 GMT

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