EURJPY continues to decline – Analysis – 9-10-2018
Economies.com
2018-10-09 06:29AM UTC
The EURJPY pair continued to provide extra negative trading, to notice surpassing the initial target by hitting 129.50 level, the price might be forced to provide some sideways fluctuated moves, due to stochastic surpass to the oversold level, to keep waiting for gaining new negative momentum, to resume the negative attack by achieving 128.95 level.
We depend currently on forming an extra resistance at 130.60 level, to reinforce the negative stability, which shrinks any attempt to change the main trend before reaching the main suggested targets.
Expected trading range for today is between 130.60 and 129.00
Expected trend for today: Bearish
Forex and Currency News
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
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 Technical Analysis
Forex
The USDCHF price touches the recent high – Forecast today - 25-04-2024
2024-04-25 04:07AM UTC
USDCHF Price Analysis The USDCHF price resumes its positive trading to test the recently ...
Forex
The NZDUSD price needs strong positive motive – Forecast today - 25-04-2024
2024-04-25 04:07AM UTC
NZDUSD Price Analysis The NZDUSD price fluctuates within sideways and tight track since ...
Forex
The AUDUSD price keeps its positive stability – Forecast today - 25-04-2024
2024-04-25 04:07AM UTC
AUDUSD Price Analysis The AUDUSD price attempted to break 0.6500$ level but it kept its ...