Moving toward the fixing and the dollar is selling again

Aug 25, 2022
Moving toward the fixing and the dollar is selling again

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Recall from yesterday, the 4 PM London fixing noticed the greenback transfer decrease.

EURUSD strikes again to parity into London fixing

Right this moment, the value for the EURUSD moved again beneath the 100 hour MA and returned to the 0.99515 degree (the low reached 0.99548), and we’re seeing a rotation again to the upside. The decrease 100 hour MA has been damaged at 0.9976 and the value is transferring again to the parity degree at 1.0000. A transfer above that degree can have merchants wanting towards the 38.2% at 1.0015.

GBPUSD strikes again above the 100 horu MA

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