Forex
The USDJPY begins positively – Analysis - 23-06-2020
2020-06-23 04:33:06 GMT
(Economies.com)
The USDJPY pair opens today’s trading with bullish bias to test the EMA50 that continues to press negatively on the intraday trading, accompanied by stochastic loss to the positive momentum clearly and reach the overbought areas, waiting to motivate the price to resume the negative trading.
In general, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 107.68 and hold above it, reminding you that our first waited target is located at 106.44.
The expected trading range for today is between 106.30 support and 107.80 resistance
The expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1809
|
0.0099
|
0.8480%
|
|
|
|
|
1.3075
|
0.0060
|
0.4602%
|
|
|
|
Tadawul
|
7499.97
|
10.08
|
0.13%
|
|
|
|
|
27.973
|
3.725
|
15.365%
|
|
|
|
|
41.580
|
1.145
|
2.832%
|
|
|
|
|
44.62
|
-0.41
|
0.91%
|
|
|
|
|
2049.460
|
80.105
|
4.068%
|
|
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