In the prior post we acknowleged that the pair was using the 100 hour moving average as support, and it is still holding. The pair has been slowly.
Forex Trading: EUR/JPY Grinding Higher | Daily Markets
Source: www.dailymarkets.com
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GBPUSD has reached lower boundary of price channel
GBPUSD has reached the lower boundary of the rising price channel on 4-hour chart. As long as the channel support holds, the fall from 1.5240...
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USD/JPY Daily Outlook
Daily Pivots: (S1) 88.97; (P) 90.16; (R1) 90.83; USD/JPY’s dived to as low as 88.23 before turning sideway. At this point, intraday bias remains on the downside and fall from 97.77 is still expected to continue. Next target will be 87.12 key support level. On the upside, above 89.90 minor...
Markets stabilizing; USD dipping
EUR/USD is recovering, back to 1.4032, as equity prices and commodities turn positive on the session again. The unemployment report continues to be chewed over by the market several hours later, an unusual situation, to say he least. The debate will have fewer participants than normal this...
NAHB- Housing market at or near bottom
The head of the national Association of Realtors says the US housing market is at or near a bottom. Now, he has a vested interest in talking his book, but recent indicators tend to back him up. let’s hope mortgage rates do not soar to the point where the housing recovery is choked...