USDJPY achieves some gains – Analysis - 27-12-2018

2018-12-27 05:28:02 GMT (Economies.com)
USDJPY achieves some gains – Analysis - 27-12-2018
 

The USDJPY pair provided clear positive trades yesterday to test 111.40 level, and it begins to rebound bearishly now, on its way to visit 110.38 level again, waiting to break this level to confirm rallying towards our next negative targets located at 109.75 followed by 109.35.

 

In general, we will continue to suggest the bearish trend on the intraday and short term basis, supported by stochastic negativity that appears clearly now, unless breaching 111.97 level and holding above it.

 

Expected trading range for today is between 110.00 support and 111.40 resistance

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1296
-0.0001
0.0080%
1.3191
-0.0028
0.2141%
15.439
0.005
0.032%
58.432
-0.436
0.742%
67.03
-0.83
1.22%
1314.745
1.510
0.115%
 
 
Live Forex Updates