The USDJPY pair rallied upwards strongly yesterday to succeed achieving our waited target at 116.35 and settled near it, and we suggest surpassing this level and open the way to continue the rise on the short term and medium term basis, to head towards 117.00 as a next station.

Therefore, the bullish trend will remain valid and active for the upcoming period conditioned by the price stability above 115.65.

The expected trading range for today is between 115.60 support and 116.70 resistance

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0186	-0.0062	0.6064%
The EURUSD gets the positive momentum – Analysis - 08-08-2022
	GBP/USD	1.2076	-0.0174	1.4192%

	Silver	19.896	-0.399	1.968%

	Oil	89.211	-4.453	4.754%
Crude oil price resumes the decline – Analysis - 08-08-2022
	Brent Oil	94.92	0.80	0.85%

	Gold	1772.045	1.745	0.099%
Gold price leans on the channel’s support line – Analysis - 08-08-2022

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