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USD JPY achieves the initial targets 22/11/2012

Economies.com
2012-11-22 05:54AM UTC

The pair was able to hit the initial target at 82.35, and settled above reinforcing the bullish trend scenario on intraday basis.

 

The next station located at 83.45, and we must monitor the price when reaching this level due to it’s sensitivity for the short term trend.

 

Expected trading range for today is between: 82.00 support and 83.45 resistance.

 

Expected trend for today: Bullish

GBP USD closes to the target 22/11/2012

Economies.com
2012-11-22 05:54AM UTC

The pair is approaching gradually from the waited target at the bearish correction channel which declines now to 1.6000, accompanied with Stochastic entering the overbought levels, which might cause a bearish bounce from there to keep the price within the channel.

 

For now, we prefer staying aside until reaching the mentioned target, hence breaching it will open the way for stopping the current bearish correction, while holding below will push the price to test the strength of 1.5900

 

Expected trading range for today is between: 1.5800 support and 1.6100 resistance.

 

Expected trend for today: Neutral

EUR USD activates the positive effect 22/11/2012

Economies.com
2012-11-22 05:54AM UTC

The pair was able to breach 1.2800 and settled with daily close above it to activate the waited positive scenario, and we noticed the attempts to settle above the minor bullish resistance shown in the picture.

 

The waited targets for today begin at 1.2910 followed by 1.3000, with being aware that breaching 1.2800 followed by 1.2785 will delay achieving the waited targets.

 

Expected trading range for today is between: 1.2700 support and 1.3000 resistance.

 

Expected trend for today: Bullish

Midday update for NZD USD 21/11/2012

Economies.com
2012-11-21 11:09AM UTC

The pair attempts to step above 0.8145, supporting our positive expectations for today which remain valid unless 0.8075 was breached.

 

Expected trading range for today is between: 0.8075 support and 0.8350 resistance.

 

Expected trend for today: Bullish

Frequently asked questions

What is the price of USD/JPY today?

The price of USD/JPY is $147.42 (2025-07-11 23:05PM UTC)