FOREX 07

Tue, 21 Feb 2017 14:46:13 GMT

ForexLive

Forex technical analysis. EURUSD rolling over but tests support. Trades at session lows
ForexLive
The EURUSD is trading at new session lows at 1.0525. Looking at the daily chart, the 61.8% of the move up from the January low comes in at 1.0526. The low price from last week reached 1.05208. The swing low from back in November reached 1.05171.

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Tue, 21 Feb 2017 16:29:47 GMT

ForexLive

Forex technical analysis: Blame the EURGBP. It tumbled below 200 day MA
ForexLive
The GBPUSD shot up and moved to test the 200 hour MA line (again - see prior post). A catalyst for the move? The EURGBP took it's own run (to the downside) and in the process fell below the key 200 day MA AND also the low from last week at 0.8461 and ...

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Tue, 21 Feb 2017 14:16:00 GMT

ForexLive

Forex technical analysis: USDJPY tests 50% of last week's move lower
ForexLive
The USDJPY has followed the dollar higher in trading today. The pair has consolidated around the 100 and 200 hour MAs (at 113.44 and 113.52 respectively), and is trying to get above the 50% retracement of the move down from last week's high. That level ...