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The GBPJPY continues to decline – Analysis – 12-3-2020
The GBPJPY pair succeeded to decline below 134.70 level yesterday, to reach the waited negative stations, achieving 133.35 level, and the price might be forced to form some of the sideways fluctuation until gathering the required extra negative momentum to resume recording the negative targets that are located at 131.55 and 130.65
The expected trading range for today is between 134.70 and 131.55
The expected trend for today: Bearish
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The EURJPY keeps the negativity – Analysis – 12-3-2020
The EURJPY pair kept its negative stability by providing a new negative close below 118.50 level, to notice reaching to the initial main target at 117.35, gathering a new negative momentum makes us expect begin forming a new bearish attack, to press on 115.80 support, note that breaking this obstacle will open the way towards recording more of the negative targets that begin at 114.80.
MoreIBEX index declines below the main support – Analysis – 12-3-2020
IBEX index continued to form strong negative pressures to notice crawling below the main support recently at 7800.00, to move into new negative track and settles near 7391.00.
MoreThe AUDJPY takes breath – Analysis – 12-3-2020
The AUDJPY pair formed correctional bullish rebound yesterday after recording 64.18 level, attempting to take a breath before resuming the main bearish attack, noting that the price consolidation within the bearish channel along with 69.40 level forming additional resistance allow us to suggest the decline again, to repeat the pressure on 65.85 followed by reaching 63.80 levels.
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