GBPJPY keeps the positive attempts – Analysis – 4-10-2018
Economies.com
2018-10-04 07:11AM UTC
Despite facing clear negative pressures after stochastic crawled below 50 level, the GBPJPY pair’s positive stability above 147.20 support supports our bullish overview for the near term and medium term period.
Therefore, we will keep waiting to gather the positive momentum to assist to form new bullish rally and target 148.45 initially, while surpassing this barrier will extend trades towards the first main target at 149.65.
Expected trading range for today is between 147.20 and 148.45
Expected trend for today: Bullish
Forex and Currency News
Forex
Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...
Forex
Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
Forex
The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The GBPUSD price shows new positive trades attempting to approach the ...
Forex
The EURUSD price forecast update - 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The EURUSD price surpassed the 1.0715$ level and closed the last four ...
Forex
The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...