USDJPY needs the positive momentum – Analysis - 21-01-2019
Economies.com
2019-01-21 04:55AM UTC
The USDJPY pair keeps its stability above 109.16 level, and it needs to get positive motive to assist to push the price to continue rising, as we are waiting to test 61.8% Fibonacci correction level that represents our next main target at 110.24.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 109.16, noting that the EMA50 supports the expected rise.
Expected trading range for today is between 109.00 support and 110.40 resistance
Expected trend for today: Bullish
Forex and Currency News
Forex
Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
Forex
Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...
Forex
Dollar moves in a positive zone as US treasury yields gian ground
2024-04-22 11:41AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 23-04-2024
2024-04-23 11:05AM UTC
The GBPUSD price tested the key resistance 1.2385$ and bounced bearishly from there, to keep the ...
Forex
The EURUSD price forecast update - 23-04-2024
2024-04-23 11:05AM UTC
The EURUSD price shows sideways trades since morning, and continues to fluctuate around the EMA50, ...
Forex
The GBPCHF under the negative effect – Forecast today – 23-4-2024
2024-04-23 05:12AM UTC
GBPCHF Pair Price Analysis Expected Scenario The GBPCHF pair still affected by the ...