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USDJPY moves back to 100/200 hour MAs

USDJPY fell sharply in the Asian session after breaking below the swing zone at 154.778 and 154.878. The decline saw the price move to and through another target area near 153.99 (we call it 154.00). The low price extended down to 153.595…

USDCHF returns to 100/200 hour MAs

USDCHF back testing the 100/200 hour MAsEarlier today, the dollar selling took the USDCHF to and through the 100/200 hour MAs which were near converged at the 0.9040 area. That shift back below the MAs, disappointed the buyers from…