The EURJPY touches the first correctional target – Analysis – 10-6-2022

Economies.com
2022-06-10 07:09AM UTC

The EURJPY pair activated the correctional bearish track yesterday after failing to surpass 144.25 barrier, to suffer intraday losses by moving towards 142.25 that forms the first additional support against the negative attempts.

 

On the other hand, the stability of the current support allows us to expect the attempt to renew the bullish rally to repeat the pressure on the mentioned barrier and increase the chances of achieving new targets that might start at 145.65 and 147.20.

 

The expected trading range for today is between 142.00 and 144.20

 

Open Live Trading Account

The expected trend for today: Bullish

Forex and Currency News

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 News

Forex

Dollar moves in a positive zone as US treasury yields gian ground
2024-04-22 11:41AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the ...
EUR/USD news

Forex

Euro gains ground and heads for $1.07
2024-04-22 07:45AM UTC
Euro rose in European trade on Monday against a basket of major rivals, extending gains for the ...

Forex Technical Analysis

EUR USD Analysis

Forex

The EURUSD price forecast update - 23-04-2024
2024-04-23 11:05AM UTC
The EURUSD price shows sideways trades since morning, and continues to fluctuate around the EMA50, ...
Technical Analysis

Forex

The GBPCHF under the negative effect – Forecast today – 23-4-2024
2024-04-23 05:12AM UTC
GBPCHF Pair Price Analysis Expected Scenario The GBPCHF pair still affected by the ...
EUR JPY Analysis

Forex

The EURJPY prepares for new rise – Forecast today – 23-4-2024
2024-04-23 05:01AM UTC
EURJPY Pair Price Analysis Expected Scenario No change to the EURJPY pair’s bullish ...