The GBPJPY keeps the negative stability – Analysis – 19-10-2020
Economies.com
2020-10-19 05:26AM UTC
The GBPJPY pair repeated the negative closings below 136.60 barrier, to increase the chances of renewing the bullish attempts by crawling towards 135.60 first, while breaking this level might extend losses towards 134.85 and 134.35 levels.
On the other hand, attempting to breach 136.60 and holding above it will confirm postponing the negative attack, to expect forming correctional bullish waves that might push the price to reach 137.30 and 138.10 levels before recording and any new negative target.
The expected trading range for today is between 136.60 and 135.60
The expected trend for today: Bearish
Forex and Currency News
Forex
The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The USDCHF price awaits the breach – Forecast today - 29-04-2024
2024-04-29 03:32AM UTC
USDCHF Price Analysis The USDCHF price continues to fluctuate around 0.9150 level and finds ...
Forex
The NZDUSD price begins with new positivity – Forecast today - 29-04-2024
2024-04-29 03:32AM UTC
NZDUSD Price Analysis The NZDUSD price shows new positive trades by today’s open, to ...
Forex
The AUDUSD price hits the target – Forecast today - 29-04-2024
2024-04-29 03:32AM UTC
AUDUSD Price Analysis The AUDUSD price succeeded to achieve our waited target at 0.6570$ by ...