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The USDJPY price tests the support base – Forecast today - 02-10-2024

Economies.com
2024-10-02 04:28 UTC

The USDJPY price tested the key support 143.40 and attempted to break it, but it returns to trade above it to keep its positive stability, which keeps the intraday bullish trend scenario active, which its next target located at 145.36.

 

The EMA50 supports the expected rise, which will remain valid unless breaking 143.40 and holding with a daily close below it.

 

The expected trading range for today is between 143.20 support and 144.90 resistance

 

Trend forecast: Bullish

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The GBPUSD price touches the negative target - Forecast today - 02-10-2024

Economies.com
2024-10-02 04:27 UTC

The GBPUSD price continued to decline to touch the first negative target at 1.3266$, which represents 38.2% Fibonacci correction level for the rise from 1.3000$ to 1.3429$, noticing that the price consolidated above this level, getting positive signals through the RSI.

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The EURUSD price achieves some bearish correction – Forecast today - 02-10-2024

Economies.com
2024-10-02 04:27 UTC

The EURUSD price reached the thresholds of the waited correctional target at 1.1040$, noticing that the price begins to provide positive signals that hint heading to recover and attempt to return to the bullish track again, as we notice that stochastic provides positive signals that we expect to assist to push the price to rise in the upcoming sessions.

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Update: Ethereum price (ETHUSD) resumes the decline

Economies.com
2024-10-02 04:05 UTC

Ethereum price (ETHUSD) returns to decline after attempting to breach 2623.77$ level, to approach our first negative target at 2550.00$, reinforcing the expectations of continuing the bearish trend that its next target reaches 2425.00$, reminding you that the continuation of the bearish wave depends on the price stability below 2623.77$.

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