The EURUSD backs off from 200 hour MA test. Bears in control.


FOREX QUICK: In a forex quick look video, Greg Michalowski of ForexLive.com reviews the price action in the EURUSD after the US jobs report.

The corrective high off of the lows moved up to test a key technical target at the 200 hour MA. Sellers leaned. The price moved back down.

The pair now looking to move back below the 50% midpoint of the move higher from the 2022 low. What next for the pair?



Source link

Related articles

The Threat Mannequin That Retains Merchants Alive – Different – 25 January 2026

In case you’ve traded foreign exchange lengthy sufficient, you’ve in all probability skilled this sample: You begin effectively.You construct confidence.Then one unhealthy day...

NFT Market Nifty Gateway to Shut Platform, Enter Withdrawal‑Solely Mode

Nifty Gateway broadcasts platform closure and strikes to withdrawal‑solely mode, with asset withdrawal directions for customers. The non-fungible token ( NFT) market Nifty Gateway introduced that the platform will shut on February 23,...

SLB builds momentum on manufacturing methods and digital as international markets stabilize

(WO) - SLB closed 2025 with sturdy fourth-quarter momentum as international upstream exercise stabilized and operators more and more shifted focus towards manufacturing optimization, restoration and digital effectivity, in response to the corporate’s...

Your future BMW electrical M3 will nonetheless sound like an actual M automobile

The transition to electrical autos has at all times had one main stumbling block for automobile fanatics: the sound. Or somewhat, the dearth of it. For many years, the soul of a efficiency...

Polymarket Odds Of January US Gov’t Shutdown Surge To 77%

Polymarket betters are pricing in a 77% probability that the US authorities will shut down once more earlier than the top of January, marking a 67% improve over the previous 24 hours.It comes...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com