The USDJPY pair resumed the bullish rally to succeed achieving our extended target at 135.50, showing temporary decline to test the bullish channel’s support line, waiting to resume the positive trades to achieve additional gains that reach 136.00.

Therefore, the bullish trend scenario will remain active for the upcoming period, noting that breaking 134.30 will press on the price to achieve some bearish correction before turning back to rise again.

The expected trading range for today is between 134.50 support and 135.90 resistance

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The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0511	-0.0079	0.7414%
The EURUSD attempts to breach – Analysis - 08-12-2022
	GBP/USD	1.2201	-0.0104	0.8474%

	Silver	22.733	-0.423	1.829%

	Oil	73.066	-8.409	10.321%
Crude oil price suffers more losses – Analysis - 08-12-2022
	Brent Oil	78.32	1.09	1.41%

	Gold	1785.750	-9.810	0.546%
Gold price resumes the bullish bias – Analysis - 08-12-2022

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