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The USDJPY breaches the resistance – Analysis - 23-09-2021

Economies.com
2021-09-23 03:32AM UTC

The USDJPY pair rallied upwards strongly yesterday to surpass our first waited target at 109.80 and settles above it, reinforcing the expectations of continuing the bullish trend, and the way is open to visit 111.00 that represents our second target.

 

Moving above the EMA50 supports the suggested positive scenario, which will remain valid conditioned by the price stability above 109.20.

The expected trading range for today is between 109.30 support and 110.60 resistance

The expected trend for today: Bullish

The GBPUSD approaches the target - Analysis - 23-09-2021

Economies.com
2021-09-23 03:31AM UTC

The GBPUSD pair shows more bearish bias to approach our waited target at 1.3570, and we suggest the continuation of the negative pressure to surpass this level and visit 1.3500 as a next main station.

 

The EMA50 continues to support the expected decline, which will remain valid unless the price rallied to breach 1.3680 and hold above it.

 

The expected trading range for today is between 1.3540 support and 1.3780 resistance.

 

The expected trend for today: Bearish

The EURUSD resumes the decline – Analysis - 23-09-2021

Economies.com
2021-09-23 03:31AM UTC

The EURUSD pair traded with strong negativity yesterday to break 1.1700 level and settles below it, which supports the continuation of our bearish overview efficiently for the upcoming period, opening the way to head towards our next main target at 1.1605.

 

Therefore, we will continue to suggest the bearish trend on the intraday and short term basis, supported by the EMA50, noting that holding below 1.1780 is important to continue the suggested bearish wave.

 

The expected trading range for today is between 1.1610 support and 1.1750 resistance.

 

The expected trend for today: Bearish

IBM sharpens decline - Analysis - 22-09-2021

Economies.com
2021-09-22 10:50AM UTC

IBM's stock declined 1% in the last session while hurt by piercing the main upward medium-term trend line recently, and amid pressure from the 50-day SMA, coupled with negative signals from the RSI, settling thereafter at 132.97.

 

Therefore we expect more losses for the stock, targeting the support of 130.40, provided it settles below 135.17.

 

Expected trend for today: Bearish 

Frequently asked questions

What is the price of USD/JPY today?

The price of USD/JPY is $147.42 (2025-07-11 21:55PM UTC)