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The USD is moving higher in US trading. What are the key drivers in the FX markets today?
In today's morning video, I look at the EURUSD, USDJPY, GBPUSD, NZDUSD and USDCHF and explain the trading bias, the risk, targets and levels in play.
The EURUSD is heading back into the trading range after the break higher this week shows signs of failing.
The USDJPY is back up testing its 100 and 200 hour MA. Key barometer going forward.
The GBPUSD is below its converges 100/200 hour MAs tiling the bias back to the downside.
The NZDUSD is trying to get above its falling 100 day MA.
The USDCHF has moved back higher to retest its broken 200 day MA. Can the price move back above the level. VIDEO
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