Tag Archives: yen

The pound returned to dominate the movements of the British Pound against its US counterpart, after finding solid support floor near 137.00. Technically, the current moves are witnessing an intraday stability above the breached resistance level of 137.60, and we find that the stochastic indicator started to provide signs that …

The Pound retreated against its Japanese counterpart, nullifying the expected positive outlook, approaching the stop loss order published in the previous analysis, at 137.00, posting a low of 137.18. Technically speaking, we tend to be negative in our trading, relying on intraday trading below 137.65, in addition to losing the …

The British pound’s current moves against the Japanese yen are witnessing negative moves after finding a strong resistance level around 138.40 within the current attempts to target a re-test of 137.80. Technically, we tend to be positive despite the current bearish bias, given that trading remains above the support floor …

British Pound was on positive side against the Japanese Yen within the expected bullish path, touching the first target at 138.65, posting a high at 138.87. Technically, with the pair consolidating on a support floor of 137.50, with the pair continuing to receive a positive stimulus from the 50-day moving …

Positive trading returned to dominate pound’s movements against Japanese yen, benefiting from the 137.10 support floor, heading towards re-testing the 138.30 resistance level. Technically, we lean towards negativity given that trading remains above 137.60 with positive catalysis from the 50-day moving average. From here, we target 138.65 as a first …

The British Pound fell against the Japanese Yen significantly as we expected, surpassing the second target mentioned in the previous analysis at 138.00, and reached a low of 137.54. Technically, we tend to be negative, given that trading is stable below 138.30 / 138.20 with negative pressure coming from the …

Positive trading dominated the pound’s moves against the Japanese yen within the expected bullish path, touching the first target to be achieved yesterday at 140.10 / 140.15, recording a high of 140.31. On the technical side, the current trading is witnessing a slight bearish slope under pressure from the negative …

The bullish trend continues to dominate the pound’s movements against its Japanese counterpart within a bullish path, as we expected touching the second target to be achieved during the previous trading session at 139.60, recording a high of 139.77. On the technical side, today, we tend to be positive, relying …

The yen recouped some of its losses against the dollar today, Tuesday, after it recovered due to news about developments in a Coronavirus vaccine that sparked optimism for the global economic recovery. The American company Pfizer for pharmaceutical industries and its German partner BioNTech announced that large-scale clinical trials have …

The British Pound jumped against its Japanese counterpart, surpassing the bullish targets required to be touched, mentioned in the previous analysis, 137.20, to touch a peak at 138.90. Technically, looking at 240-minutes charts, we find that the pair is stable above 138.0 with the positive stimulus of the 50-day moving …