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The USDJPY reaches the first target – Analysis - 13-09-2019
The USDJPY pair succeeded to reach our first waited target at 108.30, showing some slight bearish bias affected by stochastic negativity, but it gets continuous positive support by the EMA50, to support the chances of breaching the mentioned level and open the way to visit 109.30 as a next station.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions, noting that breaking 107.70 might push the price to retest 106.70 areas before any new attempt to rise.
The expected trading range for today is between 107.70 support and 109.00 resistance
The expected trend for today: Bullish
The GBPUSD awaits the confirmation signal – Analysis - 13-09-2019
The GBPUSD pair attempted to break 1.2326 level but it couldn’t manage to hold below it, as the EMA50 formed good support against the price, to keep the price stuck between the trend keys represented by the mentioned support and 1.2400 resistance, to keep our neutrality valid until now.
MoreThe EURUSD reaches the target – Analysis - 13-09-2019
The EURUSD pair managed to reach the bearish channel’s resistance that appears on the chart, and the EMA50 meets this resistance to add more strength to it, while stochastic reaches the overbought areas now.
MoreEnd of day analysis for Crude oil 12-09-2019
Crude oil price succeeded to touch our waited target at 54.47 and presses negatively on it, to support the chances of extending the bearish wave on the intraday and short term basis, reminding you that the next target reaches 51.61, while the continuation of the expected bearish trend conditions holding below 57.33.
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