|
The USDJPY price resumes the decline – Forecast today - 13-09-2024
The USDJPY price bounced downwards clearly to resume the expected bearish trend on the intraday and short-term basis, approaching the main waited target at 140.24, and we suggest surpassing this level to achieve more negative targets in the upcoming period, to reach 139.00 as a next negative station.
The EMA50 keeps supporting the suggested bearish wave, which will remain valid unless breaching 143.40 and holding above it.
The expected trading range for today is between 140.10 support and 141.80 resistance
Trend forecast: Bearish
Thanks for your feedback.
The GBPUSD price stops the bearish correction - Forecast today - 13-09-2024
The GBPUSD price rallied upwards strongly yesterday to attack 1.3124$ level, noticing that the price begins today with more rise to breach this level and close the first four hours’ candlestick above it, which confirms stopping the bearish correction and head to resume the main bullish trend again, on its way to achieve positive targets that start at 1.3220$ followed by 1.3265$.
MoreThe EURUSD price is recovering – Forecast today - 13-09-2024
The EURUSD price shows more bullish bias to approach 1.1100$ level, and we suggest the continuation of the bullish bias to surpass this level and confirm the return to the main bullish track again, to head towards achieving new gains that start by visiting 1.1200$ areas.
MoreEnd of day crude oil price forecast update - 12-09-2024
Crude oil price managed to breach 68.55$ level to approach the next correctional target at 70.43$, and we suggest the continuation of the bullish bias in the upcoming sessions, noting that breaching this level will push the price towards 71.95$ as a next positive station, while the price needs to hold above 68.55$ to guarantee the continuation of the expected rise.
More