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The USDJPY resumes the decline – Analysis - 12-01-2023

Economies.com
2023-01-12 03:10AM UTC

The USDJPY pair begins negatively by today’s open to stop yesterday’s suggested positive scenario and head towards resuming the main bearish trend, opening the way to achieve negative targets that start at 130.90 and extend to 130.00.

 

Therefore, we expect to witness more decline for today conditioned by the price stability 132.10.

The expected trading range for today is between 130.60 support and 132.40 resistance

The expected trend for today: Bearish

The GBPUSD crawls upwards - Analysis - 12-01-2023

Economies.com
2023-01-12 03:10AM UTC

The GBPUSD pair shows calm positive trades, noticing that stochastic overlaps positively to support the chances of continuing the bullish bias in the upcoming sessions, waiting to visit 1.2230 followed by 1.2440 as a next main station.

 

The EMA50 supports the expected rise, which will remain valid unless breaking 1.2060 and holding below it.

 

The expected trading range for today is between 1.2100 support and 1.2260 resistance.

 

The expected trend for today: Bullish

The EURUSD surpasses the resistance – Analysis - 12-01-2023

Economies.com
2023-01-12 03:09AM UTC

The EURUSD pair managed to breach 1.0745 level and hold above it, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, opening the way to head towards 1.0915 as a next main station, supported by the EMA50.

 

On the other hand, we should note that breaking 1.0745 and holding below it will put the price under negative pressure that targets testing 1.0645 areas initially.

 

The expected trading range for today is between 1.0700 support and 1.0860 resistance.

 

The expected trend for today: Bullish

Evening update for Crude oil price 11-01-2023

Economies.com
2023-01-11 18:00PM UTC

Crude oil price rallied upwards strongly to breach 75.65 level and activate the positive scenario on the intraday basis, opening the way to visit 78.90 as a next main target, supported by forming double bottom pattern that has positive targets that surpass the mentioned level, taking into consideration that holding above 75.65 is important to continue the expected rise.

Frequently asked questions

What is the price of USD/JPY today?

The price of USD/JPY is $144.56 (2025-07-04 23:55PM UTC)