The GBPJPY announces the negativity – Analysis – 22-3-2019

Economies.com
2019-03-22 10:13AM UTC

The GBPJPY pair didn’t get enough by testing the bullish channel’s support at 145.15, affected by extra negative pressures by forming extra negative trading and its stability out of the bullish range as appears in the above image, we notice the price fluctuation below 23.6% Fibonacci correction level that represented by 144.80 level, to increase the chances for forming a new negative attack to target 143.80 level reaching 142.30 in the upcoming period.

 

The expected trading range for today is between 145.15 and 143.80

 

The expected trend for today: Bearish

 

Forex and Currency News

USD/JPY 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 ...
EUR/USD news

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 ...
USD/JPY news

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

GBP USD 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 ...
EUR USD Analysis

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 ...
Technical Analysis

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 ...