The GBPJPY provides a new negative close – Analysis – 28-1-2020
Economies.com
2020-01-28 08:01AM UTC
The GBPJPY pair confirmed its surrender to the bearish bias domination by providing a new negative close below the resistance at 142.80, to increase the chances for forming negative trading in the near and medium period.
providing extra negative momentum by stochastic reach to the oversold level supports our bearish expectation, to keep waiting for recording the negative targets that are located at 141.40 reaching to 140.25.
The expected trading range for today is between 142.80 and 141.40
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 GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...
Forex
The EURCAD under the negative pressure – Forecast today – 26-4-2024
2024-04-26 06:52AM UTC
EURCAD Price Analysis Expected Scenario The EURCAD price repeated the negative closings ...