The US dollars moving lower after the flash S&P Global manufacturing and services indices
- EURUSD is moving to a new session high and is breaking above a topside swing area at 1.03657. Traders will be looking toward the 200 day moving average at 1.03967 as the next key target on
- GBPUSD is continuing its run to the upside and is testing/moving above the high price from last week at 1.20276. The 50% midpoint of the 2022 trading year comes in at 1.20499. That is a key target low for the pair
GBPUSD moves toward the 50% midpoint
- USDJPY has tumble to the downside and trades back below 140.00. It broke below the 100 hour moving average at 140.933, and the 200 hour moving average at 140.266. That 200 hour moving average is now close resistance and risk for sellers.
- AUDUSD is moving above its 100 day moving average at 0.6688. The price also cracked above the 200 hour moving average near the same level. Stay above 0.6688 is more bullish.