The moving average supports the EURJPY positivity – Analysis – 30/7/2015
Economies.com
2015-07-30 07:19AM UTC
The EURJPY continued to show some negative attempts yesterday to reach 136.00 level, facing the moving average as appears on chart, thus, we will keep the bullish overview for the upcoming period as long as the mentioned level remains intact, waiting to reach 137.30 level as a first positive target for the near term trading.
Note that attempting to settle below the moving average 55 will cancel the bullish overview and push the price to form new negative waves to target 135.50 level initially.
Expected trading range for today is between 136.00 and 137.30
Expected trend for today: Bullish
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The EURJPY jumps above the barrier – Forecast today – 20-5-2024
2024-05-20 05:45AM UTC
EURJPY Pair Analysis Expected Scenario The EURJPY pair was affected by frequent positive ...
Forex
The GBPJPY approaches the additional target – Forecast today – 20-5-2024
2024-05-20 05:45AM UTC
GBPJPY Pair Analysis Expected Scenario The GBPJPY pair succeeded in holding above the ...
Forex
The USDCHF price awaits more rise – Forecast today - 20-05-2024
2024-05-20 03:56AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price settles above the EMA50, ...