The GBPJPY is resuming the decline – Analysis – 23-09-2020
Economies.com
2020-09-23 05:26AM UTC
The GBPJPY pair touched the next negative target at 133.15 yesterday, to confirm its move to the next negative station by surpassing the obstacle at 133.70, providing extra negative momentum by stochastic decline to 20 level will increase the chances for targeting new negative levels that are located at 131.90 reaching to 130.00 in the upcoming period.
the risk of changing the current negative trend is represented by the price attempt to breach 134.80 level, to force it to form bullish correctional trading before reaching the waited negative targets.
The expected trading range for today is between 134.40 and 132.00
The expected trend for today: Bearish
Forex and Currency News
Forex
Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex Technical Analysis
Forex
The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
Forex
The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...
Forex
The EURUSD price forecast update - 08-05-2024
2024-05-08 09:35AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles below the intraday ...