Kickstart your FX trading for January 16 with a technical look at EURUSD, USDJPY & GBPUSD ...Middle East

In the morning kickstart video, I take a look at the 3 major currency pairs - the EURUSD, USDJPY and GBPUSD - and outline the technicals that are driving the pair. For each, they are making a break today. So understanding the new dynamics is important for your trading. EURUSD: The EURUSD was trading in between its 100 and 200 hour moving averages near the close yesterday between 1.0947 and 1.09524. The price started to move lower in the Asian session and momentum to the downside beget more momentum to the downside, and that has continued with the pair moving below its 61.8% retracement other move up from the December low at 1.0882. The price also fell below a swing area going back to Novemb

Hence then, the article about kickstart your fx trading for january 16 with a technical look at eurusd usdjpy gbpusd was published today ( Tuesday 16/01/2024 - 05:17 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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