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The USDJPY starts bullish wave – Analysis - 18-08-2021
The USDJPY pair shows positive trades to move away from 109.22 level, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, waiting to achieve positive targets that start at 109.90 and extend to 111.00.
Holding above 109.22 is important to continue the expected rise, as breaking it will put the price under the negative pressure on the intraday and short term basis.
The expected trading range for today is between 109.00 support and 110.30 resistance
The expected trend for today: Bullish
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The GBPUSD surpasses the first target - Analysis - 18-08-2021
The GBPUSD pair declined clearly yesterday to succeed achieving our first target at 1.3760, and surpassed it to settle below it now, reinforcing the chances of continuing the bearish trend and achieve additional negative targets that reach 1.3680.
MoreThe EURUSD achieves the first target – Analysis - 18-08-2021
The EURUSD pair managed to achieve our first waited target at 1.1700 and fluctuates around it, expecting to resume the negative trades to surpass this level and head towards 1.1605 as a next main target.
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Crude oil price shows additional negative trades to approach 66.00, to support the continuation of the bearish trend scenario that targets 65.20 level as a next station, reminding you that it is important to hold below 67.45 as a first condition to continue the expected decline.
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