The USDJPY keeps its positive stability – Analysis - 22-11-2021
The USDJPY pair leaned on the bullish channel’s support line and bounced bullishly from there, to resume the main bullish track, supported by stochastic positivity, waiting to visit 114.70 as a first positive target.
We remind you that breaching the targeted level will extend the bullish wave to reach 115.50 as a next station, while the expected rise will remain valid conditioned by the price stability above 113.65 and the most important above 113.40.
The expected trading range for today is between 113.60 support and 114.90 resistance
The expected trend for today: Bullish
The GBPUSD awaits more decline - Analysis - 22-11-2021
The GBPUSD pair tested 1.3470 level and bounced bearishly from there, to keep the bearish trend scenario active for the upcoming period, organized inside the bearish channel that appears on the chart, waiting to visit 1.3355 as a next main target.
The EMA50 presses negatively on the price to support the expected decline, reminding you that it is important to hold below 1.3470 to continue the bearish trend.
The expected trading range for today is between 1.3350 support and 1.3480 resistance.
The expected trend for today: Bearish
The EURUSD resumes the decline – Analysis - 22-11-2021
The EURUSD pair shows new negative trades to press on the bearish channel’s support line that appears on the chart, getting continuous negative support by the EMA50, to keep the bearish trend valid and active for the upcoming sessions, waiting to head towards 1.1145 as a next main target.
Note that failing to confirm breaking the current support areas around 1.1275 will push the price to achieve intraday gains and test 1.1375 level before any new attempt to decline
The expected trading range for today is between 1.1190 support and 1.1340 resistance.
The expected trend for today: Bearish
Evening update for Crude oil 19-11-2021
Crude oil price succeeded to touch our waited target at 76.40 and broke it to settle below it, confirming extending the correctional bearish wave to target 73.60 areas on the near term basis, to continue suggesting the bearish trend for the upcoming period, noting that holding below 76.40 is required as a first condition to continue the expected decline.