The USDJPY pair found solid support at 127.00, to rebound bullishly and return to the main bullish channel again, which stops the correctional bearish scenario and lead the price to resume the bullish trend again, on its way to achieve positive targets that start by surpassing 129.40 to head towards 130.00.

Therefore, the bullish bias will be suggested in the upcoming sessions unless breaking 127.55 and holding below it.

The expected trading range for today is between 128.00 support and 129.40 resistance

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0181	-0.0067	0.6567%
Evening update analysis for the EURUSD 05-08-2022
	GBP/USD	1.2072	-0.0178	1.4535%

	Silver	19.879	-0.417	2.055%

	Oil	89.115	-4.549	4.857%
Evening update for Crude oil price 05-08-2022
	Brent Oil	94.92	0.80	0.85%

	Gold	1772.235	1.935	0.109%
Evening update for Gold 05-08-2022

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