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Forex technical analysis: USDJPY loses momentum however sellers stall correction

collected by :kiven Dixter

100 bar MA on five minute stalled the rise The USDJPY moved above a downward sloping trend line.
The value moved above the hundred bar MA about while Wilbur Ross was talking on CNBC presenting the status for the tariffs, however the rally stalled around which MA, & the value has rotated back down.
The dip buyers have a floor to lean against, however the burden remembers on the buyers to get & stay above the hundred bar MA still.
That Information Systems the technical clue for the buyers (and give sellers a danger defining standard too).
Stocks are off the low & off the highs (closer to the highs of the day’s trading ranges).

Forex technical analysis: EURUSD steps higher & cracks resistance levels

The EURUSD has stepped a bit higher this day & in the process were capable take out some technical levels.
That Information Systems house to a number of swing levels, the high for the week, & the 50% of the move down.
The EURUSD has been purchased as the stocks declined yesterday.
The EURUSD has been purchased as the stocks declined yesterday.
The S&P futures are drop about -19 points this day & the Dow Information Systems drop -240 points.

 

Forex technical analysis:
Forex technical analysis:

 

Forex technical analysis: GBPUSD consolidates in up & drop market for the pair.

as declared in

The momentum is lower. The dip buyers have a floor to lean against, but the burden remains on the buyers to get and stay above the 100 bar MA still. That is the technical clue for the buyers (and give sellers a risk defining level too).
Stocks are off the low and off the highs (closer to the highs of the day’s trading ranges). That helps a bit.

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