The USDJPY pair broke 113.07 level again and closed the daily candlestick below it, to head towards achieving more expected bearish correction on the intraday basis, targeting testing 112.30 level as a next station.

Therefore, the bearish bias will be suggested for the upcoming period, taking into consideration that breaching 113.07 and holding above it will stop the expected negative pressure and push the price to attempt to regain the main bullish trend again.

The expected trading range for today is between 112.30 support and 113.60 resistance

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0170	-0.0049	0.4790%
Midday update for the EURUSD 16-08-2022
	GBP/USD	1.2107	0.0003	0.0215%

	Silver	20.118	-0.132	0.652%

	Oil	86.723	-0.538	0.617%
Midday update for Crude oil 16-08-2022
	Brent Oil	92.34	-2.76	2.90%

	Gold	1774.990	-6.695	0.376%
Midday update for Gold 16-08-2022

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