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WhatsApp number will be given through call. The pair has just tested the There has been a stall near the level. We are seeing a little bounce. Traders may look to lean on the dip against those levels now. However, be aware that the pair is trending lower as a result, respect should be given to that dynamic.
Looking at the 5 minute chart, the pair move below a lower channel trend line and raced lower. A correction toward that area will be eyed for sellers. Stay below, and the trend traders are still in control. Move above and trend waters become a little more muddy. Topside trend line stalled the rally earlier The USDJPY consolidates between a topside trend line on the hourly chart there was a small break earlier but that was quickly rejected , and the the high from yesterday at Earlier in the Asian session, the price action continued the run higher from yesterday's NY session.
The pair is in the midst of the extreme with the Between that level is the underside of a broken trend line at That will be the next target on a break of the topside trend line on the hourly chart.
Above that, and the pair will look to retest highs. On a break of the That hour MA has been broken two times this week Tuesday and yesterday but did not get very far. If the bull run is to end, that MA line needs to be broken and remain broken. Prior services PMI was ForexLive There's increasing talk in Canada of running out the clock on this Congress, hoping the Democrats win the House and starting fresh in the new year.
In the process, the price has moved below the swing highs from the end of July see 4-hour chart above. The next target is the high from last week and a swing high from earlier this week at 1. A move below that level would have traders targeting the That line comes in at 1. US stocks open with gains. Dow stocks lead the way The USD stocks are opening with gains:. Dow stocks lead the way The USD stocks are opening with gains: US yields are up about bps ForexLive.
The price has moved further away from the day MA at 1. That is now a risk for shorts. Support has stalled there for now. A move below will open up more downside with the 1. Price taking out technical levels on the downside. No deal is better than a bad deal. UK, EU at an impasse. Cannot accept anything that threatens integrity of the union.
Cannot accept anything that doesn't respect the referendum. It's not acceptable to simply reject the other side's proposal. Now need to hear from the EU what the real issues are. We will do everything to avoid a hard border on Ireland. Even in a no-deal scenario, EU citizens rights are protected. I will not overturn the referendum result. Says she has treated the EU "with nothing but respect" and says that she expects the same. May addresses Brexit talks with the EU These comments don't exactly inspire confidence in anything.
That level was between resistance targets between 1. The price moved away from the day MA at 1. Going to the day MA is a nice cosy place for the market to settle before going higher or lower on the headlines.
Obviously the day ma at 1. Above is more bullish. Below is more bearish. If the market is choppy, traders should use the level as stops. On a move lower, the technicals become more bearish below the hour MA at 1. That was also near a low on September 12 On the topside:.
A move above the hour MA at 1. The market is starting to prepare for more of the Brexit battle that has been going on. Yesterday's stalemate keeps the clock ticking and that has the market on edge. Risk certainly is high and will likely remain high.
The technical levels help give a road map for the potential moves.
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That line comes in at 1.