| In this video, I take a look at the technical driving the 3 major currency pairs to kickstart the new trading day - the EURUSD, USDJPY and GBPUSD. What are the technicals telling traders about the bias, risk and targets. |
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The 100 and 200 hour MA at converged 1.1733 is the risk and bias level for buyers and sellers. Staying above is more bullish. Move below is more bearish. Work to do on the topside.
investingLive is a real-time market news and analysis platform, built on the legacy of ForexLive. Covering forex, stocks, commodities, and global markets, it delivers fast, reliable updates to support informed trading and investment decisions. With a global team of expert analysts, investingLive combines speed and clarity to keep professionals ahead of market moves, 24/7.
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investingLive is a real-time market news and analysis platform, built on the legacy of ForexLive. Covering forex, stocks, commodities, and global markets, it delivers fast, reliable updates to support informed trading and investment decisions. With a global team of expert analysts, investingLive combines speed and clarity to keep professionals ahead of market moves, 24/7.
The USD pushed higher and tested a similar MA in multiple pairs. What happened?
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The EURUSD, GBPUSD and NZDUSD all moved lower over the last few minutes of trading and found support buyers against the 100 hour MA on each.
investingLive is a real-time market news and analysis platform, built on the legacy of ForexLive. Covering forex, stocks, commodities, and global markets, it delivers fast, reliable updates to support informed trading and investment decisions. With a global team of expert analysts, investingLive combines speed and clarity to keep professionals ahead of market moves, 24/7.
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InvestingLive is a real-time market news and analysis platform, built on the legacy of ForexLive. Covering forex, stocks, commodities, and global markets, it delivers fast, reliable updates to support informed trading and investment decisions. With a global team of expert analysts, investingLive combines speed and clarity to keep professionals ahead of market moves, 24/7.
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