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EURUSD strikes into optimistic territory for the day
There does not appear to be any information to warrant the features. The London fixiing is approaching which can be offering the bid.
The ten 12 months yield is at 3.117% up 6.7 foundation factors and close to highs. That’s not a assist for the USD promoting.
The worth of the EURUSD is now optimistic on the day. H himMMMM>
Above is the parity degree at 1.0000. Close to that pure degree, sits the falling 100 hour shifting common at present at 1.0003. The worth final examined that shifting common final week, and located prepared sellers. The worth has not traded above the 100 hour shifting common since August 11.
The GBPUSD can also be shifting greater and appears towards its 100 hour MA at 1.18301. The worth is at present buying and selling at 1.1821. The GBPUSD has solely traded 1 hourly bar above its 100 hour MA since August 12. A transfer above would tilt the bias extra to the upside. Keep under (or fail on a break) would hold the sellers in agency management.
GBPUSD strikes towards its 100 hour MA
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