The USDJPY resumes the decline – Analysis - 09-09-2020
Economies.com
2020-09-09 04:01AM UTC
The USDJPY pair provided clear negative trades yesterday to move away from 106.44 level, reinforcing the expectations of continuing the bearish trend in the upcoming period, which targets 105.20 as a next main station.
Therefore, the negative scenario will remain valid and active supported by moving below the EMA50, reminding you that the continuation of the bearish wave depends on the price stability below 106.44.
The expected trading range for today is between 105.00 support and 106.44 resistance
The expected trend for today: Bearish
Forex and Currency News
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex Technical Analysis
Forex
End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...