The USDJPY breaches the resistance – Analysis - 05-02-2021
Economies.com
2021-02-05 04:55AM UTC
The USDJPY pair succeeded to breach 105.20 and hold above it, to support the expectations of continuing the bullish trend, and the way is open to achieve our next positive targets that reach 106.00 followed by 106.44.
The EMA50 continues to support the suggested bullish wave, which will remain valid and active conditioned by the price stability above 105.20.
The expected trading range for today is between 105.00 support and 106.30 resistance
The expected trend for today: Bullish
Forex and Currency News
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex
Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
Forex
Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 24-04-2024
2024-04-24 09:29AM UTC
The GBPUSD price shows negative trades to head towards testing the key support 1.2385$, which ...
Forex
The EURUSD price forecast update - 24-04-2024
2024-04-24 09:29AM UTC
Analysis of Expected Scenarios The EURUSD price begins to rebound bearishly after testing ...
Forex
The CADJPY settles within the bullish track – Forecast today – 24-4-2024
2024-04-24 05:44AM UTC
CADJPY Price Analysis Expected Scenario The CADJPY price kept its consolidation within ...