The EURJPY achieves some gains – Forecast today – 16-4-2024
Economies.com
2024-04-16 05:47AM UTC
EURJPY Price Analysis
Expected Scenario
- The EURJPY pair rallied upwards yesterday to achieve some gains by touching 164.42 level.
- Followed by forming temporary negative rebound and test the MA55 at 163.70.
- Intraday negativity caused by stochastic sharp decline towards 20 level.
- Wait to gather the positive momentum to manage to activate the bullish attack and start targeting the positive stations by rallying above 164.25.
- 164.80 will form the next main station for the bullish bias.
Expected Trading Range
Between 163.60 and 164.25.
Trend Forecast: Bullish
Forex and Currency 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 ...
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
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
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 ...
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 ...
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 ...