The USDJPY attempts positively – Analysis - 15-09-2023

Economies.com
1 week ago

The USDJPY pair shows positive trades to approach 147.86 level again, supported by the EMA50 that carries the price from below, waiting to breach this level to open the way to head towards 149.00 as a next main target.

 

The bullish channel continues to organize the suggested bullish wave, waiting to get positive motive that assist to push the price to achieve the required breach and ease the mission of continuing the expected rise, noting that the continuation of the bullish wave requires holding above 146.85.

 

Advertistment

The expected trading range for today is between 146.80 support and 148.20 resistance

 

The expected trend for today: Bullish

Forex and Currency News

EUR/USD news

Forex

Euro trades near six-month low ahead of major European data
20 hours ago
Euro fell in European trade on Friday against a basket of major rivals, extending losses for the ...
GBP/USD news

Forex

Sterling sharpens decline to six-month lows after surprise decision by BOE
1 day ago
Sterling fell on Thursday after Bank of England announced a surprise pause in the cycle of rate ...
Forex News

Forex

Dollar extends gains to six-month high on Fed prospects
1 day ago
US Dollar rose in European trade on Thursday against a basket of major rivals for the third ...

Forex Technical Analysis

NZD USD Analysis

Forex

Midday update for the NZDUSD 22-09-2023
16 hours ago
The NZDUSD pair breached 0.5940 level clearly to activate the positive scenario in the upcoming ...
AUD USD Analysis

Forex

Midday update for the AUDUSD 22-09-2023
16 hours ago
The AUDUSD pair trades positively to surpass 0.6440 and attempts to hold above it, to hint heading ...
GBP USD Analysis

Forex

Midday update for the GBPUSD 22-09-2023
16 hours ago
The GBPUSD pair resumes its negative trading clearly to press on the bearish channel’s ...