The USDJPY pair traded with clear negativity yesterday to break 109.16 level and settles below it, which stops the recently suggested positive scenario and put the price under expected negative pressure in the upcoming sessions, as the price completed forming double top pattern that its main target located at 108.09.

Therefore, we suggest the continuation of the bearish bias in the upcoming sessions, noting that breaching 109.16 and holding above it will reactivate the correctional bullish trend scenario again.

Expected trading range for today is between 108.00 support and 109.40 resistance

Expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1235	-0.0038	0.3406%
The EURUSD attempts positively – Analysis - 19-07-2019
	GBP/USD	1.2527	-0.0048	0.3833%

	Silver	16.351	1.133	7.442%

	Oil	55.952	-4.381	7.261%
Crude oil price approaches the main target – Analysis - 19-07-2019
	Brent Oil	63.01	1.08	1.74%

	Gold	1439.085	23.590	1.667%
Gold price surpasses the first target – Analysis - 19-07-2019

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