GBPJPY attempts to resume the rise – Analysis – 21-2-2019
Economies.com
2019-02-21 09:27AM UTC
The GBPJPY pair formed some sideways fluctuations due to the lack of the positive momentum, to settle around 144.30 level, while the consolidation of the moving average 55 below the current trades led to ease the attempt to gather the additional momentum to notice forming bullish wave this morning and reinforce the expectations to resume the positive attack and reach 144.75.
Therefore, we will depend on 143.60 level forming the additional support to expect crawling towards 144.75 level to form the first positive target, followed by attempting to reach 147.00.
The expected trading range for today is between 144.00 and 145.75
The 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 GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...