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Forex technical analysis: EURUSD breaks above hundred hour MA

This time, there Information Systems a breakThe EURUSD has broken above its hundred hour MA at 1.1762.
The 1.1800 & then the 38.2% of the final move reduce at 1.18133 & the 200 hour MA at 1.18187 are other targets now.
That was house to the 200 7 days MA at 1.1709, the swing high from Aug 20, 2016 at 1.1711, the low from final 7 days at 1.1716 & the 38.2% at 1.1720.
Can it save the momentum going & move toward the upside targets.
I give the buyers further control on the break, by further work to do.

Forex technical analysis: EURUSD intraday buyers give up

Another pair where momentum slowsThe EURUSD had 2 breaks today.
The 2nd break was a move back above the hundred hour MA, & 50% of the move drop from the Friday high.
If the ought break a technical level, there ought be momentum in the direction of the break.
If the ought break a technical level, there ought be momentum in the direction of the break.
At some point it going to push above or below & have some extra momentum in the direction of the break.

Forex technical analysis: The USDJPY too fails to save momentum on a break

Follows in the EURUSD footstepsLike the EURUSD (see prior post), the USDJPY had a disappointing break as well.
As outlined in a prior post on this pair, the 112.815-93 I see as a dividing line for bullish & bearish (see prior post here for the technical reason why).
As a result of the consolidation, the hundred & 200 hour MAs have chugged higher too.
The value Information Systems currently around the hundred hour MA at 112.737, however looking over the final seven trading days, the 200 hour MA has been the backing aim (see green numbered circles).
The 200 hour MA comes in at 112.442.

Forex technical analysis: NZDUSD hangs around the hundred day MA

That has helped to push the value of the NZDUSD back reduce & back toward the 200 day MA at 0.71527 (green step line in the map below).
The final few hours had seen the value trade a tiny below the MA line & back above the MA line.
Sloppy trading.
Also making trading a bit sloppy this day was which the value fell below a floor standard which had four breaking up lows at 0.7166.
Sloppy trading.

Forex technical analysis: USDCAD trades at the top standard ever Aug 31….

Trades back toward the hundred hour MAThe USDCAD traded at the top standard ever August 31 this day at 1.2538.
The swing high from August 31 comes in at 1.2662.
That ambit Information Systems house to a number of swing standard (see red circles in the map above).
The final few tests of the hundred hour MA stalled the falls.
That ambit matches the swing standard from the every day map also increasing which area’s importance.


collected by :kiven Dixter

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