Tag Archives: yen

The sterling reversed the downtrend, building a base on support floor of 135.50, as the current moves witness a bullish slope near the high of 136.48. Technically, we are biased towards the positive, given the consolidation of trading above the 136.00 barrier, in addition to the clear positive crossover signals …

Weekly fluctuations in the euro and the yen increased to their highest levels since the beginning of April, Monday, November 2, indicating concern among dealers ahead of the US presidential elections scheduled for Tuesday. The dollar rose as investors prepared for the presidential elections, while a rise in global coronavirus …

Negative trading dominated pound’s movement against the Japanese yen, after it encountered a strong resistance level around 135.80 and settled below it. Technically, looking at the 60-minute chart, we find that the 50-day moving average putting a pressure on the price, meeting around 135.80 / 135.60, and adding more strength. …

The pound retreated against the Japanese yen, as we expected. We made clear that breaking 135.15 is a negative pressure factor forcing the pair to touch 134.30, posting its lowest level in early trading at 134.40. Technically, looking at the 60-minute chart, we see the RSI indicator has started to …

Negative trading dominated the pound’s movements against its Japanese counterpart, as we expected, surpassing the second target to be achieved at 135.40, posting a low of 134.87. Technically, the current moves are witnessing a slight upward slope, as the pair benefits from building temporarily above 135.50 in addition to the …

The pound retreated against the yen during the previous session, after finding a strong resistance level around 136.60. On the technical side, the pair started its early trading with a bearish tendency, as the current moves see stability below 136.45, accompanied by upcoming negative crossover signals on the stochastic indicator. …

The British Pound opened its daily trading against the Japanese Yen with a slight upward slope, benefiting from building on a support around 136.15. Technically, looking at the 60-minute chart, we see the moving averages have returned to hold the price with the clear bullish momentum on the stochastic indicator. …

The British Pound against the Japanese Yen failed to confirm the breach of the strong resistance level published during the previous analysis, located around 137.65. On the technical side, the current movements of the pair are witnessing a bearish tendency due to the negative pressure of the 50-day moving average, …

Positive trading dominated the British Pound against its Japanese counterpart, touching the first target to be achieved at 137.30, posting session high at 137.65. On the technical side with the pair’s intraday stability above the psychological barrier of 137.00, which is accompanied by the continued positive motive for the pair …

The pair of Pound against the Yen witnessed a positive slope within the bullish path, as we expected yesterday, and it begins to attack the psychological barrier of 137.00. Technically, we find that the 50-day moving average hold the price in addition to the pair building above the resistance-into-support around …