The resistance holds GBP JPY 16/8/2013
Economies.com
2013-08-16 07:51AM UTC
The pair touched the suggested target level around 153.20 to find a resistance level against the price rise, which makes us expect some fluctuation in the near period between the previous resistance level and 149.90 until gaining the required momentum to surpass 153.20 to visit 154.50
Stochastic settles below 80 level attempting to gain the required positive momentum to breach 153.20 in order to reach the previously suggested target level.
Expected trading range is between: 149.90 and 153.20
Expected trend for today: sideways
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
End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
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, ...