EURUSD is underperforming after the pullback off the 200-period simple moving average (SMA) around 0.9920. The pair is approaching the near-term uptrend line near the 0.9900 psychological mark and the 20-period SMA. The RSI is sloping south in the bullish area; however, the stochastic is still moving higher after the bullish cross within the %K […]
The post EURUSD Meets 200-Period SMA and Tests 0.9900 appeared first on Action Forex.
Daily Pivots: (S1) 192.96; (P) 193.52; (R1) 194.00; More… Intraday bias in GBP/JPY remains neutral and more consolidations could be seen below 196.38. Further rise is in favor as long as 190.22 support holds. On Read more…
Daily Pivots: (S1) 162.32; (P) 162.72; (R1) 162.97; More… Intraday bias in EUR/JPY remains neutral and more consolidations could be seen below 165.19. Further rally is in favor as long as 161.57 support holds. Break Read more…
Daily Pivots: (S1) 0.8389; (P) 0.8411; (R1) 0.8428; More… Intraday bias in EUR/GBP remains on the downside at this point. As noted before, rise from 0.8221 should have completed as a correction to 0.8737. Initial Read more…