Forex Kickstart: Technical Analysis of EURUSD, GBPUSD, and USDJPY for December 5. ...Middle East

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Forex Kickstart: Technical Analysis of EURUSD, GBPUSD, and USDJPY for December 5.
In the morning forex kickstart video, I outline the technicals that are driving 3 of the major currency pairs – the EURUSD, the GBPUSD, and the USDJPY.EURUSD: The EURUSD is trading above and below its 100-day moving average for the 2nd consecutive day at 1.0821. Also in play is a 38.2% retracement of the move-up from the October low at 1.08252. That area will be a barometer for both buyers and sellers going forward. On the downside, the 100-day moving average and 50% retracement come in at 1.0774 and 1.0766 respectively. Those would be targets on more selling. On the top side, there is a swing area targeted above at 1.0878 to 1.0887. Getting above that area would add to the bullish bias.USDJ

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