GBP JPY continues positively 4/9/2013
Economies.com
2013-09-04 08:21AM UTC
The pair rallied positively after closing above 154.25 to hit the initial target at 155.40, and continue the affection of the bullish bias on the current trading, while we keep waiting to hit the main target for the upside trading around 157.00 in the upcoming period conditioned by the stability of 153.40 level which acts as an initial support line.
Stochastic settles within the overbought area which supports the bullish bias domination for the upcoming trading, waiting to gain new momentum to reach the previously mentioned main target.
Expected trading range is between: 154.50 and 157.00
Expected trend for today: Bullish
Forex and Currency News
Forex
Dollar parks at two-week highs ahead of Fed decisions
2024-05-01 11:37AM UTC
The dollar rose in European trade on Wednesday against a basket of major rivals, extending gains ...
Forex
Kiwi plumbs two-week trough after disappointing labor data
2024-05-01 05:03AM UTC
The New Zealand dollar fell in Asian trade on Wednesday against a basket of major rivals, ...
Forex
Dollar climbs ahead of crucial US data
2024-04-30 11:33AM UTC
The dollar rose in European trade on Tuesday against a basket of major rivals away from two-week ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 01-05-2024
2024-05-01 10:07AM UTC
GBPUSD Price Analysis: Expected Scenarios The GBPUSD price attempted to break 1.2480$ level but it ...
Forex
The EURUSD price forecast update - 01-05-2024
2024-05-01 10:07AM UTC
EURUSD Price Analysis: Expected Scenarios The EURUSD price shows some slight bullish bias now, ...
Forex
The GBPCHF provides positive signal – Forecast today – 1-5-2024
2024-05-01 05:33AM UTC
Scenarios and Trading Range Expected Scenarios GBPCHF price provided positive signals by ...