USDJPY is stable – Analysis - 14-12-2018

Economies.com
2018-12-14 05:08AM UTC

The USDJPY pair hovers around 113.56 level since yesterday, noticing that stochastic provides negative overlapping signal now, waiting to motivate the price to resume the bearish bias in the upcoming sessions, which its main targets located at 112.96 followed by 112.46.

 

Breaking 113.25 will ease the mission of achieving the suggested targets, while holding below 113.56 represents key condition to continue the expected decline.

 

Expected trading range for today is between 112.60 support and 114.00 resistance

 

Expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar parks at two-week highs ahead of Fed decisions
2024-05-01 11:37AM UTC
The dollar rose in European trade on Wednesday against a basket of major rivals, extending gains ...
NZD/USD news

Forex

Kiwi plumbs two-week trough after disappointing labor data
2024-05-01 05:03AM UTC
The New Zealand dollar fell in Asian trade on Wednesday against a basket of major rivals, ...
Forex News

Forex

Dollar climbs ahead of crucial US data
2024-04-30 11:33AM UTC
The dollar rose in European trade on Tuesday against a basket of major rivals away from two-week ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price gathers the positive momentum – Forecast today - 02-05-2024
2024-05-02 04:03AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price faced temporary negative pressure ...
NZD USD Analysis

Forex

The NZDUSD price places higher lows – Forecast today - 02-05-2024
2024-05-02 04:03AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price ended yesterday positively to settle ...
AUD USD Analysis

Forex

The AUDUSD price is recovering – Forecast today - 02-05-2024
2024-05-02 04:02AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price surpassed 0.6500$ level and settled ...