The USDJPY keeps rising – Analysis - 01-06-2022

Economies.com
2022-06-01 04:26AM UTC

The USDJPY pair shows additional positive trades to touch 129.00 level now, reinforcing the expectations of continuing the bullish trend, which targets 130.00 followed by 131.35 levels as next main stations.

 

Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise, which will remain valid conditioned by the price stability above 127.40.

The expected trading range for today is between 128.50 support and 129.70 resistance

Open Live Trading Account

The expected trend for today: Bullish

Forex and Currency News

EUR/USD news

Forex

Euro approaches week high amid positive outlook
2024-04-18 08:30AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex News

Forex

Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
GBP/USD news

Forex

Sterling starts recovering after hot UK inflation data
2024-04-17 06:43AM UTC
Sterling rose in European trade on Wednesday for the first time in four days against the dollar, ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price under the negative pressure – Forecast today - 19-04-2024
2024-04-19 04:20AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price begins today with strong decline ...
NZD USD Analysis

Forex

The NZDUSD price declines again – Forecast today - 19-04-2024
2024-04-19 04:20AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price couldn’t manage to hold ...
AUD USD Analysis

Forex

The AUDUSD price breaks the support – Forecast today - 19-04-2024
2024-04-19 04:20AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price ended yesterday negatively, and ...