The GBPJPY insists to resume the bullish attack – Analysis – 18-10-2019
Economies.com
2019-10-18 09:49AM UTC
The GBPJPY pair kept its positive stability above 139.00 level, confirming its move to new bullish track as appears on the chart, assuring the importance of gathering new positive momentum to manage to reach 141.50 level, while surpassing this level will target 143.75 as a next station.
The risks of changing the bullish trend will appear in case the price crawled below the current support, to force the price to start forming correctional bearish trades and target 137.60 followed by 135.75 levels.
The expected trading range for today is between 139.00 and 141.50
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar reverses higher as markets speculate about interest rates
2024-05-06 20:54PM UTC
The dollar rose against most major rivals on Monday after stabilizing earlier in the ...
Forex
Dollar hovers near three-week trough as US yields taper off
2024-05-06 11:23AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the ...
Forex
Euro approaches three-week high amid bullish outlook
2024-05-06 08:02AM UTC
Euro rose in European trade on Monday against a basket of major rivals, maintaining gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 06-05-2024
2024-05-06 11:08AM UTC
GBPUSD Price Analysis The GBPUSD price attempts to breach the 1.2580$ level. Waiting to surpass ...
Forex
The EURUSD price forecast update - 06-05-2024
2024-05-06 11:08AM UTC
EURUSD Price Analysis The EURUSD price settles at the intraday bullish channel’s support ...
Forex
Deere price surrounded with positive pressures - Forecast today - 06-05-2024
2024-05-06 10:28AM UTC
Deere & Company’s stock (DE) extended its gains in the intraday levels, amid the ...