GBP JPY hits new top level 11/9/2013
Economies.com
2013-09-11 08:32AM UTC
The pair succeeded to surpass the resistance level around 156.75 to rally strongly towards 158.10 confirming the domination of the bullish bias on the upcoming trading, to expect the continuation of the positivity to reach 159.40 as a new initial target, followed by 162.70 as a main target for the bullish trading.
Stochastic supports the bullish expectation by breaching above 80 level to settle in the overbought level as appears in the above image.
Expected trading range is between 156.80 and 159.40
Expected trend: bullish
Forex and Currency News
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex Technical Analysis
Forex
End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...