The GBPJPY keeps the bullish bias – Analysis – 17-9-2019
Economies.com
2019-09-17 06:43AM UTC
The GBPJPY pair provided a new positive close above 133.70 level, to confirm its surrender to the expected bullish bias domination, and gaining an extra positive momentum makes us expect providing a new pressure on 135.10 level, and surpassing it will confirm targeting new positive levels that might begin at 136.50 and 137.35.
While the price attempt to reach below 133.70 level will increase the chances for forming a new negative trading, to expect suffering some losses by reaching the critical support at 132.60.
The expected trading range for today is between 133.7 and 135.10
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
Forex
The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
Forex
The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...