The EURJPY tends to the negativity – Analysis – 31-3-2020

Economies.com
2020-03-31 08:26AM UTC

The EURJPY pair confirmed provided new negative close below 120.30 level, and keeps fluctuating below the moving average 55, to hint the preparation to build new negative trades in the near term and medium term period, thus, we will keep waiting to reach the negative targets supported by gathering new negative momentum, located around 118.50 and 117.65 levels.

 

The expected trading range for today is between 120.00 and 118.50

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
USD/JPY news

Forex

Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex News

Forex

Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...

Forex Technical Analysis

Forex

Update: Weak trades, waiting the US economic data
2024-05-03 08:20AM UTC
The major currencies’ pairs and commodities show weak and tight trades since morning, waiting ...
EUR JPY Analysis

Forex

The EURJPY threats the support – Forecast today – 3-5-2024
2024-05-03 07:07AM UTC
Scenarios Scenario 1: Potential for Positive Momentum EURJPY pair unable to shake off negative ...
GBP JPY Analysis

Forex

The GBPJPY fluctuates near the support – Forecast today – 3-5-2024
2024-05-03 07:06AM UTC
Scenarios Scenario 1: Activation of Bullish Momentum GBPJPY pair forms new negative waves, ...