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The USDJPY loses momentum – Analysis - 19-06-2020

Economies.com
2020-06-19 04:56AM UTC

The USDJPY pair shows sideways and tight trades since yesterday, settling below 107.00, noticing that stochastic loses its positive momentum gradually, while the EMA50 continues to press negatively on the price.

 

Therefore, these factors support the expectations of continuing the bearish trend in the upcoming sessions, reminding you that our first target is located at 106.44, which breaking it represents the key to rally towards 105.20 as a next station, while the expected decline will remain active conditioned by the price stability below 107.68.

 

The expected trading range for today is between 106.00 support and 107.50 resistance

The expected trend for today: Bearish

The GBPUSD confirms the break – Analysis - 19-06-2020

Economies.com
2020-06-19 04:55AM UTC

The GBPUSD pair provided strong negative trades yesterday after confirming breaking 1.2515 level, to test 1.2400 barrier, which pushes the price to achieve more expected decline in the upcoming period, and the way is open to visit 1.2304 as a next negative target.

 

Therefore, the bearish bias will be suggested for today, supported by moving below the EMA50, noting that the continuation of the bearish wave conditions holding below 1.2515.

 

The expected trading range for today is between 1.2320 support and 1.2515 resistance.

 

The expected trend for today: Bearish

The EURUSD reaches the target – Analysis - 19-06-2020

Economies.com
2020-06-19 04:55AM UTC

The EURUSD pair reached few pips away from our waited target at 1.1175, showing some bullish bias affected by stochastic positivity, and it might witness temporary positive trades before resuming the decline again, as we expect the domination of the bearish trend in the upcoming sessions affected by the previously completed head and shoulders’ pattern, supported by the EMA50.

 

Therefore, the bearish trend will remain valid for the upcoming period, and breaking 1.1175 will push the price to 1.0985 as a next main target, while breaching 1.1270 represents positive factor that will stop the current correctional bearish track and lead the price to regain the main bullish trend again.

 

The expected trading range for today is between 1.1110 support and 1.1300 resistance.

 

The expected trend for today: Bearish

End of day analysis for Crude oil 18-06-2020

Economies.com
2020-06-18 17:14PM UTC

Crude oil price attempts to breach the intraday bearish channel’s resistance, which urges caution from the upcoming trading, as ending today above this resistance will stop the recently suggested negative scenario and lead the price to resume the main bullish trend to head towards achieving positive targets that start at 40.41.

Frequently asked questions

What is the price of USD/JPY today?

The price of USD/JPY is $148.85 (2025-07-15 18:45PM UTC)