Technical Analysis

Below 100 hour MA and trend line keeps the sellers more in control The EURJPY is lower on the day and over the last 14 or so hours, has been chopping above and below lows from Thursday, Friday and Monday (between 117.44 and 117.535).  The current price is in that “yellow area”.   Can the price
First time back above 200 hour moving average cents September 20 The EURUSD has now broken and closed an hourly bar above its 200 hour moving average at 1.09553.  The pair also moved above its 38.2% retracement at 1.09537.     Looking at the 5 minute chart below, the 1st look at the moving average, stalled the rally and the price modestly
S&P index now below 50 day moving average at 2947.98 The US stocks have reached another new session low with the S&P index now down 35 points at 2941.50.  That test taken the price below its 50 day moving average at 2947.97. The S&P has traded above its 50 day moving average since September 4. The NASDAQ index is now down
Printed a new low at 1.09213 A new low in the EURUSD. The pair moved to a new low of 1.09213 which was below the 1.09219 from earlier, which was in turn lower than the September 3 low of 1.09236. The pair is still susceptible to a break and run lower.   Taking a broad look
Stocks are near highs, Gold down, Yields higher. A snapshot of the forex market is showing the USD is king while the GBP is the dirty dog.   The USD is up vs. alll the major currencies with the biggest gain vs the GBP (up 1.03%). The weakest gain for the greenback is a 0.23% rise
The drop continues US 10-year yields bounced from the lows of the year on better signs of a trade deal between the US and China. Arguably, the trade news has continued to be positive but the bond market isn’t believing it. The 10-year is now threatening the 61.8% retracement of the bounce from the lows