The EURJPY touches the additional barrier – Analysis – 17-11-2021

Economies.com
2021-11-17 06:02AM UTC

The EURJPY pair started today by forming strong negative wave and achieve the additional negative target at 129.40, to rebound bullishly towards 129.80, assuring the importance of this support to detect the next expected targets.

 

Also, stochastic begins to provide the positive momentum, allowing us to suggest the positive trades and expect targeting 130.30 followed by reaching 23.6% Fibonacci correction level at 130.85.

 

The expected trading range for today is between 129.40 and 130.30

 

The expected trend for today: Bullish

Forex and Currency News

EUR/USD news

Forex

Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
AUD/USD news

Forex

Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
GBP/USD news

Forex

Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 24-04-2024
2024-04-24 09:29AM UTC
The GBPUSD price shows negative trades to head towards testing the key support 1.2385$, which ...
Technical Analysis

Forex

The CADJPY settles within the bullish track – Forecast today – 24-4-2024
2024-04-24 05:44AM UTC
CADJPY Price Analysis Expected Scenario The CADJPY price kept its consolidation within ...
EUR JPY Analysis

Forex

The EURJPY surpasses the resistance – Forecast today – 24-4-2024
2024-04-24 05:38AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair didn’t get enough of ...