USDJPY keeps its negative stability – Analysis - 25-07-2018
Economies.com
2018-07-25 03:40AM UTC
The USDJPY pair keeps its stability below 111.32 level, to keep the negative pressure valid until now, which targets visiting 110.04 level as a next main station, supported by the negative pressure formed by the EMA50.
Therefore, we will continue to suggest the bearish trend for today unless breaching 111.32 level and holding with a daily close above it, as breaching this level will open the way to achieve gains that reach 113.38 on the near term basis.
Expected trading range for today is between 110.30 support and 112.00 resistance
Expected trend for today: Bearish
Forex and Currency News
Forex
Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price presses on the key support ...
Forex
The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
Forex
The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...