| Yesterday, the price moved above its 100 day MA and 200 hour MA. That tilted the bias more to the upside technically and defined the risk for traders too. |
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AUDUSD falls with the gain in the USD today and finds support buyers near the 100 hour MA
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The 100-hour MA will be a key barometer in trading today. Stay above is more bullish. Move below is more bearish.
USDJPY Technical Analysis – All eyes on the US NFP report
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#usdjpy #forex #technicalanalysis
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USDCAD moves lower and into a familiar place. Finds support buyers.
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The USDCAD found support buyers near the high swing area of the old "Red Box".
AUDUSD and NZDUSD extended higher but the falling 100 hour MA got in the way. What next?
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The AUDUSD and the NZDUSD have found some buying but so far the bounce is modest
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