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The USDJPY resumes the rise – Analysis - 06-10-2021
The USDJPY pair traded with clear positivity yesterday to surpass the minor resistance 111.40 and settles above it, which supports the continuation of our bullish overview efficiently, and the way is open to head towards our main waited target at 112.05.
Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise, which will remain valid conditioned by the price stability above 110.95.
The expected trading range for today is between 110.95 support and 112.40 resistance
The expected trend for today: Bullish
The GBPUSD breaches the resistance - Analysis - 06-10-2021
The GBPUSD pair breached the bearish channel’s resistance clearly and settled above it, testing the support base formed above 1.3600 level, making the bullish bias suggested for the upcoming sessions, on its way to visit 1.3720 as a next main target.
MoreThe GBPUSD breaches the resistance - Analysis - 06-10-2021
The GBPUSD pair breached the bearish channel’s resistance clearly and settled above it, testing the support base formed above 1.3600 level, making the bullish bias suggested for the upcoming sessions, on its way to visit 1.3720 as a next main target.
MoreThe EURUSD crawls downwards – Analysis - 06-10-2021
The EURUSD pair continues to decline calmly, approaching 1.1563 level, while the EMA50 forms continuous negative pressure against the price, waiting to break the mentioned level to rally towards our main expected target at 1.1500.
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