|
The USDJPY price draws positive pattern – Forecast today - 13-08-2024
The USDJPY price finds solid minor resistance around 147.75, which represents the neckline of the double bottom pattern that its signs appear on the chart, thus, breaching this level will provide strong positive motive that we expect to push the price to surpass 148.53 and rally towards our next positive target that extends to 151.10.
Therefore, our bullish overview will remain valid and active, reminding you that the continuation of the bullish wave depends on the price stability above 145.36.
The expected trading range for today is between 146.60 support and 148.30 resistance
Trend forecast: Bullish
Thanks for your feedback.
The GBPUSD price attempts to breach - Forecast today - 13-08-2024
The GBPUSD price closed yesterday above 1.2760$, to hint the attempt to stop the bearish correction that dominated the recent trades and head to rise again, but its still below the broken support of the main bullish channel, and the technical indicators provide negative signals that might force the price to decline again.
MoreThe EURUSD price loses momentum – Forecast today - 13-08-2024
The EURUSD price shows some slight bullish bias to approach 1.0947$ level, noticing that stochastic continues to lose the positive momentum to reach the overbought areas, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which targets visiting the bullish channel’s support line that rises now to 1.0815$.
MoreEnd of day Ethereum price (ETHUSD) forecast update - 12-08-2024
Ethereum price (ETHUSD) breached 2623.77$ level and attempts to hold above it, to hint heading to rise in the upcoming sessions, noting that closing the daily candlestick above this level will push the price to build bullish wave that its targets reach 2720.00$ followed by 2905.30$.
More