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The GBPJPY attempts to resume the bullish attack – Analysis – 16-9-2019
The GBPJPY pair get advantage from the positive pressures in the last period trading, to notice forming a new bullish rally, surpassing the barrier ay 133.70 and achieving a new target by hitting 135.10 level, in spite of the price current rebound to the downside, but the continuation of forming an extra support at 133.70 level will increase the chances for resuming the positivity, which might target 136.60 level in the near period.
Stochastic stability within the overbought level supports our bullish expectation by providing a new positive momentum, to increase the chances for reaching to the mentioned extra target.
The expected trading range for today is between 136.25 and 133.70
The expected trend for today: Bearish
The EURJPY ended the bullish rebound – Analysis – 16-9-2019
The EURJPY pair ended its positive rebound by hitting 120.05 level, which represents 38.2% Fibonacci correction level that appears in the above image, the continuation of this barrier stability will force the price to form several negative waves to target 118.45 reaching to 117.25 level in the upcoming period trading.
MoreBritain- Dixons shares keeps the positive attempts – Analysis – 16-9-2019
Dixons shares price confirmed the continuation of the bullish bias domination by forming a bullish wave recently, to press on the initial barrier at 124.00, and the stability of the trading above the moving average 55 makes us expect renewing the bullish attempts until breaching the current barrier, to begin recording several positive targets by its rally to 126.10 and 131.35.
MoreThe Japanese index rises strongly – Analysis – 16-9-2019
The Japanese index price succeeded to form a strong bullish rally in the last period, to surpass the extra resistance that is located at 21445, to begin recording several targets by hitting 22085 level, by the above image, we notice the stability of the price within the bullish channel levels makes us prefer more of the positive trading, targeting 22275 and 22460 level.
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