USDJPY approaches the target – Analysis - 10-07-2018
Economies.com
2018-07-10 03:50AM UTC
The USDJPY pair resumed its positive trading clearly yesterday, starting today with more rise to approach our waited target at 111.32, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, noting that breaching the mentioned level will extend the pair’s gains to reach 112.00 followed by 113.38.
The bullish channel continues to support the price to achieve more rise, to keep the bullish trend suggested in the upcoming sessions conditioned by the price stability above 110.04.
Expected trading range for today is between 110.40 support and 112.00 resistance,
Expected trend for today: Bullish
Forex and Currency News
Forex
The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...