USD JPY visits the resistance 25/04/2013
Economies.com
2013-04-25 05:18AM UTC
The pair fluctuates near the critical resistance 99.93, settling above the EMA50, while Stochastic keeps pushing negatively on the intraday trading.
Therefore, we are continuing in the neutrality until surpassing one of the levels which represented by the above resistance and the support 98.80, where breaching above the mentioned resistance will open the way to visit the bullish channel’s resistance around 101.00, while breaking the support will lead to a decline that its targets begin at 96.00
Expected trading range for today is between 98.00 support and 101.00 resistance.
Expected trend for today: Neutral
Forex and Currency 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 ...
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
Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
Forex Technical 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, ...
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 ...
Forex
The EURUSD price forecast update - 25-04-2024
2024-04-25 09:42AM UTC
The EURUSD price trades positively to attack 1.0715$ level and attempts to confirm breaching it, to ...