The USDJPY faces solid resistance – Analysis - 04-04-2022
Economies.com
2022-04-04 01:53AM UTC
The USDJPY pair hovers around 122.62 level, waiting to get positive momentum that assist to push the price to confirm breaching this level followed by rallying towards our positive targets that start at 123.40 then 125.00.
Stochastic negativity interprets the reasons of the current sideways fluctuation, noting that failing to breach 122.62 will put the price under negative pressure that targets testing 121.10 as a first negative station.
The expected trading range for today is between 122.10 support and 123.20 resistance
The expected trend for today: Bullish
Forex and Currency News
Forex
Will the US payrolls report pave the way for early Fed interest rate cuts in 2024?
2023-12-08 09:09AM UTC
Markets today await the crucial US payrolls report to gauge the strength of the US labor sector and ...
Forex
Dollar resumes gains ahead of US jobs data
2023-12-08 08:53AM UTC
Dollar rose in European trade on Friday against a basket of major rivals, resuming gains and ...
Forex
Dollar gives up three-week high ahead of unemployment claims data
2023-12-07 11:30AM UTC
Dollar declined in European trade on Thursday against a basket of major rivals away from three-week ...
Forex Technical Analysis
Forex
Evening update analysis for the EURUSD 08-12-2023
2023-12-08 15:04PM UTC
The EURUSD pair attempts to break 1.0760 level again, to hint heading to activate the negative ...
Forex
Midday update for the NZDUSD 08-12-2023
2023-12-08 10:36AM UTC
The NZDUSD pair keeps its stability above 0.6140 level, to continue suggesting the bullish trend ...
Forex
Midday update for the AUDUSD 08-12-2023
2023-12-08 10:36AM UTC
The AUDUSD pair settles around 0.6610 since morning, waiting to get positive motive that assist to ...