| The 100 hour MA in the USDCHF was broken earlier today but failed. The next test found support buyers. |
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The run to the upside last week extended above the high from 2020 at 1.3978. The rising 100-hour MA is a downside target at 1.40196.
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#usdjpy #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
1:03 Technical Analysis with Optimal Entries.
2:30 Upcoming Economic Data.
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The GBPUSD is moving closer to MAs as countdown to the FOMC rate decision ticks away.
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The 100 bar MA comes in at 1.3146, the 100 hour MA at 1.3132, and the 200 hour MA at 1.3124
USDCAD buyers have created a floor, but there is upside work if the buyer are to control.
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