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Forex technical analysis: GBPUSD tests 100 hour MA and trend line. Key level.

October 20, 2017 Greg Michalowski 0

USD is up but the GBP is doing better…
The dollar is up (but coming off a little now), but the GBP is even stronger today (it is the strongest currency of the day).
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Forex technical analysis: EURUSD near midpoint of recent trading range

October 20, 2017 Greg Michalowski 0

Good ceiling at 200 bar MA on 4-hour chart. Support today vs 100 hour MA.
The EURUSD is trading above and below the 50% midpoint of the 9 day range. That level comes in at 1.1804. The price is trading right at that level as I type.
The post Forex techn…

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Forexlive America FX news wrap: No Black Thursday on 30th anniversary of Black Monday

October 19, 2017 Greg Michalowski 0

Forex news for NY trading on October 19, 2017.
– Spot gold rose $8.50 or 0.67% to $1289.79
– WTI crude oil fell -$0.65 ore -1.21% to $51.40
– US yields were lower on the day: 2 year 1.532%, down -3.2 bp.   5 year 1.9532%, down -4 bp.  10…

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