The USDJPY settles above the resistance – Analysis - 25-01-2023
4 months ago

The USDJPY pair settles above the breached resistance that appears on the chart, getting positive support by the technical indicators, to head towards building expected bullish wave in the upcoming sessions, targeting 131.50 followed by 133.30 levels as main positive stations.


Therefore, the bullish bias will be expected for today, taking into consideration that breaking 129.70 will stop the suggested rise and press on the price to turn to decline again.

The expected trading range for today is between 129.70 support and 131.40 resistance

The expected trend for today: Bullish

Forex and Currency News

GBP/USD news


Sterling moves in negative zone on grim economic outlook
2 hours ago
Sterling fell in European trade for the fourth straight session against dollar, amid a grim outlook ...
AUD/USD news


Aussie is most profitable major currency after unexpected RBA decision
1 day ago
Australian dollar rose widely on Tuesday for the fourth straight session, hitting three-week highs ...
USD/CHF news


Swiss franc hovers near two-month low following inflation data
1 day ago
Swiss franc fell in European trade for  a second session against dollar, almost hitting ...

Forex Technical Analysis

AUD USD Analysis


Midday update for the AUDUSD 07-06-2023
24 minutes ago
The AUDUSD pair shows additional positive trades to attempt to move away from 0.6660, to reinforce ...
GBP USD Analysis


Midday update for the GBPUSD 07-06-2023
24 minutes ago
The GBPUSD pair shows negative trades now in attempt to resume the expected bearish trend for ...
EUR USD Analysis


Midday update for the EURUSD 07-06-2023
25 minutes ago
The EURUSD pair resumes its negative trading to test the intraday bullish trend line that appears ...