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The USDJPY hits the first target – Analysis - 06-04-2022

2022-04-06 02:07:54 GMT (Economies.com)
The USDJPY hits the first target – Analysis - 06-04-2022
 

The USDJPY pair rallied upwards to succeed achieving our first waited target at 123.40, reinforcing the expectations of continuing the main bullish trend, waiting for more positive trading to visit 125.00 as a next target.

 

The EMA50 continues to support the suggested bullish wave, reminding you that it is important to hold above 122.62 to continue the expected rise.

The expected trading range for today is between 123.10 support and 124.20 resistance

The expected trend for today: Bullish

 
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  Symbol Last Change Chg.%
EUR/USD
1.0364
-0.0078
0.7470%
Midday update for the EURUSD 29-11-2022
GBP/USD
1.2006
-0.0041
0.3440%
Silver
21.418
0.062
0.290%
Oil
79.404
4.975
6.684%
Midday update for Crude oil 29-11-2022
Brent Oil
85.24
2.11
2.54%
Gold
1757.060
6.585
0.376%
Midday update for Gold 29-11-2022
 
 
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