Cable tests 100-day moving average as pound stays pressured to start the session

GBP/USD falls to a session low of 1.2863 on the day For bank trade ideas, check out eFX Plus That is the lowest the pair has traded in nearly 3 weeks, as we see sellers try to push the agenda and contest the 100-day MA (red line) @ 1.2878. The level previously held at the […]

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USD/JPY gradually creeps higher, approaches the 100-day moving average

USD/JPY pushes to a session high of 107.79 currently For bank trade ideas, check out eFX Plus The pair is having a very polarising start to the week, tracking lower yesterday amid a weaker dollar before reversing course in trading today to push just above the highs yesterday and close to a test of the […]

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EUR/USD keeps a little higher but still holds below the 100-day moving average

EUR/USD is trading higher on the session but buyers still need to do more See here for global coronavirus case data The pair posted solid gains yesterday, only for it to come undone after failing to breach the 100-day MA (red line) once again. That remains the key line in the sand for the pair […]

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EUR/USD extends gains to fresh two-week high, runs into 100-day moving average

EUR/USD rises to a session high of 1.0975 See here for global coronavirus case data The dollar and yen are continuing to stay pressured on the session, with the euro among the lead gainers as we see EUR/USD make fresh two-week highs of 1.0975 currently. Notably, the euro is also posting a solid run higher […]

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