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The USDJPY continues to fluctuate – Analysis - 19-03-2021

Economies.com
2021-03-19 05:09AM UTC

The USDJPY pair keeps its stability below 109.22, to keep the negative pressure valid for the upcoming period, supported by stochastic negativity, waiting to achieve more decline to visit 107.70 mainly.

 

Therefore, our bearish overview will remain valid and active unless the price rallied to breach 109.22 and hold above it, reminding you that breaking 108.65 is required to reinforce the expectations to decline.

The expected trading range for today is between 108.20 support and 109.50 resistance

The expected trend for today: Bearish

The GBPUSD is retesting - Analysis - 19-03-2021

Economies.com
2021-03-19 05:09AM UTC

The GBPUSD pair traded negatively on yesterday’s evening to retest the breached resistance of the intraday bearish channel, and the EMA50 meets this level to form good support at 1.3910, accompanied by stochastic reach to the thresholds of the oversold areas.

 

Therefore, these factors encourage us to continue suggesting the intraday bullish trend, which targets 1.4075 mainly, while achieving it requires holding above 1.3910.

 

The expected trading range for today is between 1.3850 support and 1.4010 resistance.

 

The expected trend for today: Bullish

The EURUSD declines again – Analysis - 19-03-2021

Economies.com
2021-03-19 05:08AM UTC

The EURUSD pair bounced bearishly after testing 1.1976 level yesterday, to trade near 1.1888, noting that we suggest surpassing this level and open the way to achieve more decline in the upcoming sessions, which its next target reaches 1.1780.

 

Moving below the EMA50 supports the suggested negative scenario, which will remain valid and active unless breaching 1.1976 and holding above it.

 

The expected trading range for today is between 1.1830 support and 1.1980 resistance.

 

 

The expected trend for today: Bearish

Update: Crude oil price suffers strong losses

Economies.com
2021-03-18 17:34PM UTC

Crude oil price declined sharply to surpass our waited target at 62.50 and presses on extended support areas at 61.25, paving the way to suffer more losses that reach 59.20, to keep the bearish bias domination in the upcoming period unless breaching 62.50 and holding above it.

Frequently asked questions

What is the price of USD/JPY today?

The price of USD/JPY is $144.56 (2025-07-04 23:55PM UTC)