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The USDJPY faces negative pressure – Analysis - 18-11-2021

Economies.com
2021-11-18 05:22AM UTC

The USDJPY pair couldn’t manage to hold above 114.70 level, to trade with strong negativity and test the support base formed above 113.95 after breaching it previously, accompanied by witnessing clear positive signals through stochastic, which makes us suggest witnessing bullish rebound to resume the main bullish trend again.

 

Therefore, the bullish bias will be expected for today, and the targets begin at 114.70 and extend to 115.50 after breaching the previous level, noting that breaking 113.95 will press on the price to achieve additional decline and visit 113.40 direct before any new attempt to rise.

The expected trading range for today is between 113.50 support and 114.80 resistance

The expected trend for today: Bullish

The GBPUSD achieves more bullish correction - Analysis - 18-11-2021

Economies.com
2021-11-18 05:22AM UTC

The GBPUSD pair rallied upwards to breach 1.3470 and settles above it, which opens the way to achieve more bullish correction on the intraday basis, targeting testing 1.3540 level as a next target, noting that breaching it will push the price to visit 1.3595 as a second correctional station.

 

The completion of the double bottom pattern that appears on the chart supports the expectations to rise in the upcoming sessions, noting that breaking 1.3470 and holding below it will stop the suggested positive scenario and press on the price to resume the bearish wave again.

 

The expected trading range for today is between 1.3420 support and 1.3590 resistance.

 

The expected trend for today: Bullish

The EURUSD attempts to recover – Analysis - 18-11-2021

Economies.com
2021-11-18 05:22AM UTC

The EURUSD pair consolidates above the bearish channel’s support line, which might push the price to achieve intraday gains before turning back to decline, with chances to test 1.1375 level initially.

 

Therefore, the bullish bias will be suggested for the upcoming sessions, noting that the expected rise is temporary, waiting to resume the overall bearish trend that its next main target located at 1.1145, taking into consideration that breaching 1.1375 will lead the price to achieve additional gains that reach 1.1525 as a next main station.

 

The expected trading range for today is between 1.1250 support and 1.1400 resistance.

 

The expected trend for today: Bullish temporarily

Bank of America inches up - Analysis - 17-11-2021

Economies.com
2021-11-17 12:50PM UTC

Bank of America's stock (BAC) rose 0.06% in the last session, settling thereafter at 47.08, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to rise and target the resistance of 50.35, provided the resistance of 47.70 was breached.

 

Expected trend for today: Bullish

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)