Technical Analysis

Greenback trades on the lows versus the most important currencies

All on the day extremes.

The USD is the weakest foreign money of the majors, with the biggest % adjustments vss teh AUD and the NZD.

Wanting on the adjustments and ranges, the greenback can also be buying and selling close to the extremes for every of the most important pairs.  All of the pairs under are close to lows or highs.  
For the GBPUSD, the pair moved above the cluster of resistance on the 1.2800-17 space and shot greater on the break. The pair appears towards the 38.2% of the transfer down from the November 14 excessive at 1.2855.

 The USDJPY is again down retesting the session lows. The 100 hour MA and 38.2% at 113.37 space is the following key goal.  

The EURUSD appears towards the 61.eight% at 1.1393.  

For the AUDUSD (the AUD is the strongest foreign money of the day), the worth is rapidly shifting towards the November excessive (see every day chart under).  That top is available in at zero.7337.  A transfer above take the worth to the best degree since August. The 200 day MA at zero.74229 can be a long term goal for the pair on extra momentum. The zero.7311-37 is a swing space that must be damaged (yellow space within the chart under). 

Clickbank Promo Tools
Wiadforex is a big online financial news, technical, fundamental analysis, trade ideas, option and educational site with a focus on Nigeria, Africa and world in general. This is an independent online forex platform. That is publish by Wiad Consultancy Services

Leave a Reply

Your email address will not be published. Required fields are marked *

Recommended Clickbank Products