The USDJPY pair managed to breach the bullish pennant’s resistance that confined the recent trades, to get positive motive that we are waiting to assist to push the price to achieve more expected gains in the upcoming sessions, reminding you that our next target is located at 130.00.

The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 128.15 followed by 127.30 levels and holding below them.

The expected trading range for today is between 128.15 support and 129.40 resistance

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0182	-0.0066	0.6421%
The EURUSD gets the positive momentum – Analysis - 08-08-2022
	GBP/USD	1.2074	-0.0176	1.4347%

	Silver	19.908	-0.388	1.912%

	Oil	89.428	-4.236	4.523%
Crude oil price resumes the decline – Analysis - 08-08-2022
	Brent Oil	94.92	0.80	0.85%

	Gold	1773.150	2.850	0.161%
Gold price leans on the channel’s support line – Analysis - 08-08-2022

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