The EURJPY tends to regain the bullish bias – Forecast today – 19-3-2024
Economies.com
2024-03-19 05:04AM UTC
The EURJPY pair took advantage of the positive momentum provided by the major indicators, as the MA55 formed new support at 161.80, to notice forming strong positive wave and attempt to settle above 162.70 that forms the recently broken bullish channel’s support line.
Confirming the attempt to regain the bullish track requires providing new positive close above the current support, to reinforce the chances of targeting the positive stations that might start at 163.25 and 163.80.
The expected trading range for today is between 162.60 and 163.25
Trend forecast: Bullish
Forex and Currency News
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex Technical Analysis
Forex
End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...