The USDJPY negotiates the recent top – Analysis - 15-03-2021

Economies.com
2021-03-15 05:08AM UTC

The USDJPY pair traded with clear positivity to start testing the recently recorded high at 109.22, waiting to breach this level to confirm opening the way to continue the rise towards our positive targets that start at 109.85 followed by 110.30.

 

The EMA50 keeps supporting the price from below, reinforcing the expectations of continuing the bullish trend, reminding you that it is important to hold above 108.35 to continue the suggested positive scenario.

The expected trading range for today is between 108.60 support and 109.85 resistance

The expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
USD/JPY news

Forex

Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex News

Forex

Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
GBP USD Analysis

Forex

The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...