The GBPJPY keeps the negativity – Analysis – 8-4-2020
Economies.com
2020-04-08 08:30AM UTC
The GBPJPY pair faced some positive pressures yesterday that pushed it to fluctuate above 134.60 resistance temporarily and rebounds negatively to settle within the negative range as appears on the chart.
Therefore, we will keep our bearish overview as long as 134.60 barrier remains intact, to notice the beginning of getting negative momentum signals by stochastic to ease the mission of reaching 133.40 followed by 132.06 targets.
The expected trading range for today is between 134.60 and 132.06
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar loses ground as markets focus on corporate earnings
2024-04-29 18:46PM UTC
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the ...
Forex
Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...
Forex
Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
Forex Technical Analysis
Forex
The GBPCAD provides positive signal – Forecast today – 30-4-2024
2024-04-30 05:40AM UTC
GBPCAD Price Analysis Expected Scenario The GBPCAD price concluded recent trades with a ...
Forex
The EURJPY attempts to confirm the positivity – Forecast today – 30-4-2024
2024-04-30 05:35AM UTC
EURJPY Pair Analysis Expected Scenario The EURJPY pair ended the mixed trades by ...
Forex
The GBPJPY regains the bullish attack – Forecast today – 30-4-2024
2024-04-30 05:33AM UTC
GBPJPY Pair Analysis Expected Scenario The GBPJPY pair ended yesterday by providing a new ...