The USDJPY pair shows new bullish rallies to surpass 128.00 level and reach 129.00 barrier, reinforcing the chances of achieving more gains on the short term and medium term basis, waiting to test the psychological barrier at 130.00 as a next positive station.

The bullish channel supports the chances of continuing the rise in the upcoming period, noting that holding above 128.60 represents key condition to continue the suggested positive scenario.

The expected trading range for today is between 128.70 support and 130.00 resistance

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0180	-0.0068	0.6645%
The EURUSD gets the positive momentum – Analysis - 08-08-2022
	GBP/USD	1.2072	-0.0178	1.4506%

	Silver	19.888	-0.408	2.013%

	Oil	89.275	-4.389	4.686%
Crude oil price resumes the decline – Analysis - 08-08-2022
	Brent Oil	94.92	0.80	0.85%

	Gold	1772.300	2.000	0.113%
Gold price leans on the channel’s support line – Analysis - 08-08-2022

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