The USDJPY succeeds to beach – Analysis - 29-03-2021

Economies.com
2021-03-29 04:28AM UTC

The USDJPY pair succeeded to breach 109.22 and rallied bullishly to approach 110.00 barrier, which support the continuation of our bullish overview efficiently in the upcoming period, reminding you that our next target is located at 110.30.

 

The EMA50 continues to support the expected bullish wave, organized inside the bullish channel that appears on the chart, noting that holding above 109.20 – 109.00 levels is important to continue the suggested rise.

The expected trading range for today is between 109.00 support and 110.30 resistance

The expected trend for today: Bullish

Forex and Currency News

Forex News

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 ...
EUR/JPY news

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 ...
EUR/USD news

Forex

Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
GBP USD Analysis

Forex

The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...