USDJPY and EURUSD reach next targets

Technical Analysis

Author: Greg Michalowski | dollar

EURUSD moves above the 100 and 200 hour MAs. Stocks turn negative

The EURUSD has moved above the next targets at the 100 and 200 hour MA with little problem (at 1.1767-68).  Buyers taking more control.


The USDJPY is down testing its 200 hour MA at 110.098. HT 100 hour MA at 109.849 is another target.  


US stocks have moved toward unchanged and trades above and below the 0 line.

The S&P is unchanged at 2464.
The Nasdaq us down -1.4 points at 6331.