The USDJPY around the moving average – Analysis - 30-01-2023
Economies.com
2023-01-30 05:03AM UTC
The USDJPY pair shows sideways in the previous sessions, to fluctuate around the EMA50, and continues to move within the main bearish channel, waiting to resume the bearish wave that its targets begin by breaking 128.90 to rally towards 127.20 as a next negative station.
In general, the bearish trend scenario will remain active conditioned by the price stability below 130.50.
The expected trading range for today is between 128.70 support and 130.50 resistance
The expected trend for today: Bearish
Forex and Currency News
Forex
Aussie parks at two month highs even as Australian wages slow down
2024-05-15 04:23AM UTC
The Australian dollar rose in European trade on Wednesday against a basket of major rivals, ...
Forex
Dollar under pressure ahead of inflation data, Powell's speech
2024-05-14 10:58AM UTC
Dollar fell in European trade on Tuesday against a basket of major rivals, on track for the second ...
Forex
Yen tumbles to two-week lows, triggering concerns of official Japanese intervention
2024-05-14 04:08AM UTC
Yen fell in Asian trade on Tuesday against a basket of major rivals, sharpening losses for the ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows more bullish bias to reach ...
Forex
The AUDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial breach ...
Forex
The EURUSD price forecast update - 15-05-2024
2024-05-15 09:28AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows more bullish bias and ...