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Today forex market analysis


today forex market analysis

low.6707 might clear the way for a retest of the flash-crash low from the start of the year. That area (between 111.479 and 111.504) was broken as London traders covered into the close with a high at 111.521. The audusd is below its 100 and 200 hour MAs.7103-05 respectively. However, the major currencies are bunched together. . Forex, mon 8 Apr, the EUR is the strongest while the USD is the weakest as NA traders enter.

ForexLive, the high today.
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USD/JPY is seen testing the key support near 111.30 region, as the market stays.
The major Asian stock markets had a mixed day today.

1, eurusd, mon 8 Apr, intraday buyers keep control of the eurusd. AUD/USD: 'V-Bottom' pattern, it's likely that the pair is going to touch the previously tested resistance.7131. UK ftse near unchanged. SP, mon 8 Apr, s P gains for the 8th day in a row. The rise reached the underside of the broken trend line at 1303.70 (high today reached 1303.79 and backed off). . Price continues to hug the key hourly moving averages ForexLive Buyers and sellers are continuing to battle it out around the 100 and 200-hour moving averages (red and blue lines respectively) to start the new week. German Dax -0.49 The major European indices are mostly lower to start the week. . Staying below those levels is more bearish and after the earlier break, the price has been able to keep a lid on the pair against those levels. The provisional numbers are showing: The snapshot of the strongest and weakest as London/European traders look to exit is showing the CAD is the strongest, while the USD and the GBP are tied for the weakest. Nzdusd Fri 5 Apr NZD/USD falls below 200-day moving average, nears Feb low New Zealand dollar sinks Keep an eye on the New Zealand dollar today as it nears the February low. Friday's US jobs report failed to offer anything too new to traders and that leaves the near-term bias in EUR/USD still relatively undefined for the time being. 2, audusd, fri 5 Apr audusd below 100 and 200 hour MAs but.recent swing lows in play.


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