GBPJPY regains its negativity – Analysis – 15-2-2019
Economies.com
2019-02-15 08:33AM UTC
The GBPJPY pair ended its bullish rebound by forming negative wave, to break the moving average 55 and reinforce the continuation of the suggested negativity, while we will depend on 142.40 forming additional resistance to increase the chances of reaching 140.45 that will form the first negative target of the bearish bias, and breaking this barrier will extend trades towards 139.60 in the upcoming period.
The expected trading range for today is between 142.40 and 140.45
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
Forex
The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
Forex
The EURUSD price forecast update - 03-05-2024
2024-05-03 13:51PM UTC
The EURUSD price rallied upwards strongly to succeed touching our waited target at 1.0795$, ...