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USD JPY provides more negative pressure 28/11/2012

Economies.com
2012-11-28 05:30AM UTC

The pair begins today’s trading with more bearish pressure to be trading below 82.00, where Stochastic negativity still effects the intraday trading, while we still continuing in our expectation of moving higher as long as the trading remains above 81.45

 

We must be aware that breaching the mentioned level will open the way for retesting levels between 80.70-80.60 which represents the breached neckline for the positive technical pattern shown in the image. 

 

Expected trading range for today is between: 81.45 support and 83.00 resistance.

 

Expected trend for this week: Bullish

GBP USD is calm 28/11/2012

Economies.com
2012-11-28 05:30AM UTC

The pair is fluctuating near the psychological barrier 1.6000, accompanied with Stochastic entering the oversold levels, which reinforces the current level strength and keep the expected bullish trend scenario valid.

 

Note that breaching 1.5985-1.5970 will weaken the proposed positive scenario.

 

Expected trading range for today is between: 1.5970 support and 1.6200 resistance.

 

Expected trend for this week: Bullish

EUR USD awaits the reversal 28/11/2012

Economies.com
2012-11-28 05:29AM UTC

The pair continued with slight bearish bias but still keeps stability above 1.2900, and we notice that stochastic enters the oversold levels, which support the chances to turn to the upside to resume the expected general bullish trend for the pair.

 

EMA50 also supports the chances of the waited bullishness which targets mainly 1.3145, while achieving it requires stability above 1.2865

 

Expected trading range for today is between: 1.2865 support and 1.3145 resistance.

 

Expected trend for this week: Bullish

Midday update for NZD USD 27/11/2012

Economies.com
2012-11-27 11:06AM UTC

The pair moved in sideways range since morning and remained stable above the previous breached resistance at 0.8200, to continue the expected bullish trend scenario for today actively supported by EMA50.

 

Expected trading range for today is between: 0.8150 support and 0.8400 resistance.

 

Expected trend for this week: Bullish

 

Frequently asked questions

What is the price of USD/JPY today?

The price of USD/JPY is $147.42 (2025-07-11 22:35PM UTC)