The GBPJPY hits the target – Analysis – 16-10-2020
Economies.com
2020-10-16 08:33AM UTC
The GBPJPY pair ended its recent negative attack by recording 135.61 target, to form additional support against the bearish track and notice bouncing towards 136.25 now, while the current rebound won’t affect the bearish scenario depending on the stability of 136.60 barrier, to keep waiting to gather the negative momentum again followed by repeating the attempts to break 135.60 level in order to record new levels that might start at 134.85.
The expected trading range for today is between 136.60 and 135.60
The expected trend for today: Bearish
Forex and Currency News
Forex
US Dollar extends losses after inflation data
2024-05-15 20:25PM UTC
The US dollar fell against most major rivals on Wednesday, extending losses after the release of US ...
Forex
US consumer prices miss estimates in April
2024-05-15 12:39PM UTC
US consumer prices rose 0.3% m/m in April, missing estimates of a 0.4% ...
Forex
Aussie parks at two month highs even as Australian wages slow down
2024-05-15 04:23AM UTC
The Australian dollar rose in European trade on Wednesday against a basket of major rivals, ...
Forex Technical Analysis
Forex
End of day EURUSD price forecast update - 15-05-2024
2024-05-15 17:43PM UTC
The EURUSD price managed to achieve our first waited target at 1.0875$ and attempts to breach it, ...
Forex
The NZDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows more bullish bias to reach ...
Forex
The AUDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial breach ...