The USDJPY attempts to breach – Analysis - 25-04-2019
Economies.com
2019-04-25 04:18AM UTC
The USDJPY pair attempted to breach 112.14 level but it begins today with bearish bias to settle below this level, which keeps the bearish trend scenario active until now, and the price needs to break 111.80 level to confirm the continuation of the bearish trend that its next target located at 110.08.
Stochastic provides negative overlapping signal now to support the decline expectations, reminding you that it is important to hold below 112.14 to continue the suggested bearish trend.
The expected trading range for today is between 111.00 support and 112.50 resistance
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex
Yen extends losses as intervention momentum from Japanese authorities fades
2024-05-07 04:03AM UTC
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a ...
Forex Technical Analysis
Forex
The USDCHF price continues to rise – Forecast today - 08-05-2024
2024-05-08 03:54AM UTC
USDCHF Price Analysis Outlook and Forecast for Current Trading Sessions Expected ...
Forex
The NZDUSD price breaks the support – Forecast today - 08-05-2024
2024-05-08 03:54AM UTC
NZDUSD Price Analysis Outlook and Forecast for Current Trading Sessions Expected ...
Forex
The AUDUSD price under the negative pressure – Forecast today - 08-05-2024
2024-05-08 03:54AM UTC
AUDUSD Price Analysis Outlook and Forecast for Current Trading Sessions Expected ...