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EURUSD runs higher. USD move to the downside continues

EURUSD runs higher. USD move to the downside continues

EURUSD runs higher on dollar selling. Above 100-hour MA.The USD is coming under increasing pressure. The US initial jobless claims came in weaker and that started the decline. For the EURUSD, it is moving above a technical area defined by a swing area between 1.0752...

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USDCAD moves to a new low and trades below cluster of MAs

USDCAD moves to a new low and trades below cluster of MAs

The USDCAD is breaking below a cluster of MAs including the 100 and 200-hour moving averages and the 100 bar moving average on the 4-hour chart. Those levels come between 1.3700 and 1.37102. If the price, stays below those MAs, the bias shifts more to the sellers at...

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