USD JPY opens the way for a decline 26/03/2013
Economies.com
2013-03-26 05:20AM UTC
The pair achieved a sharp break for 94.45 level and settled with a daily close below it, followed by a retesting process with today’s opening, and these factors make us expect witnessing negative trading for today, targeting initially 92.90 followed by 90.95
EMA50 supports the waited decline, which remains valid unless 94.45 was breached to the upside and settled above it.
Expected trading range for today is between 92.90 support and 95.60 resistance.
Expected trend for today: Bearish
Forex and Currency News
Forex
Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
Forex
Sterling starts recovering after hot UK inflation data
2024-04-17 06:43AM UTC
Sterling rose in European trade on Wednesday for the first time in four days against the dollar, ...
Forex
Fed Chair: Driving down inflation towards target could take longer than expected
2024-04-16 20:10PM UTC
Fed Chair Jerome Powell said in a symposium earlier today that inflation has stiffened and held in ...
Forex Technical Analysis
Forex
The EURJPY seeks an escape – Forecast today – 18-4-2024
2024-04-18 05:34AM UTC
EURJPY Pair Price Analysis Expected Scenario The EURJPY pair formed more bullish waves ...
Forex
The GBPJPY keeps the positivity – Forecast today – 18-4-2024
2024-04-18 05:33AM UTC
GBPJPY Pair Price Analysis Expected Scenario The GBPJPY pair's bullish track remains ...
Forex
The USDCHF price tests the moving average – Forecast today - 18-04-2024
2024-04-18 04:07AM UTC
Price Analysis: USDCHF Expected Scenario The USDCHF price faces negative pressure to test ...