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The USDJPY gathers the positive momentum – Analysis - 02-11-2021

Economies.com
2021-11-02 05:24AM UTC

The USDJPY pair shows bearish bias to retest the breached resistance that turns into support now at 113.85, and the EMA50 meets this support to add more strength to it, while stochastic shows oversold signals now.

 

Therefore, we believe that the chances valid to resume the expected bullish trend on the intraday and short term basis, which its next target located at 114.70, while its continuation requires holding above 113.85 and the most important above 113.40.

The expected trading range for today is between 113.40 support and 114.60 resistance

The expected trend for today: Bullish

The EURUSD tests the resistance – Analysis - 02-11-2021

Economies.com
2021-11-02 05:22AM UTC

The EURUSD pair continued to rise to reach the key resistance 1.1615, noticing that the EMA50 forms good resistance barrier against the price, accompanied by stochastic loss to the positive momentum and witnessing clear negative signals on the four hours’ time frame.

 

Therefore, these factors encourage us to suggest the bearish bias today, expecting to visit 1.1525 level initially, noting that breaching 1.1615 will push the price to achieve additional gains that target testing 1.1670 before any new attempt to decline.

 

The expected trading range for today is between 1.1520 support and 1.1650 resistance.

 

The expected trend for today: Bearish

Facebook tries to vent off oversold saturation - Analysis - 01-11-2021

Economies.com
2021-11-01 11:00AM UTC

Facebook's stock (FB) rose 2.10% in the last session while recouping some past losses, as the stock vents off oversold saturation in the RSI, amid negative pressure from the 50-day SMA, and amid the dominance of the downward correctional short-term wave.

 

Therefore we expect the stock to return lower, targeting the pivotal support of 297.35, provided the resistance of 335.75 holds on.

 

Expected trend for today: Bearish

eBay regains footing - Analysis - 01-11-2021

Economies.com
2021-11-01 10:59AM UTC

eBay's stock rallied 5.95% in the last session after leaning on the main upward medium-term trend, while leaning on the 50-day SMA, countered by negative signals from the RSI.

 

Therefore we expect more gains for the stock, targeting the support of 70.60, targeting the important resistance of 81.25 anew.

 

Expected trend for today: Bullish

Frequently asked questions

What is the price of USD/JPY today?

The price of USD/JPY is $146.93 (2025-07-09 05:45AM UTC)