Friday 4 September 2015

EURUSD and GBPUSD swing more to the downside

EURUSD back below 100 day MA. GBPUSD tests June lows

The EURUSD is back below the 100 day MA after toying with the level. That level come s in at 1.11118.  Stay below....


The GBPUSD is falling to the lows from June 2015. The low price in June 2015 was 1.5169. The low from June 5 was 1.5189. This level (1.5189) is now close resistance.

We are heading to the London 4 pm fixing and the weekend. US traders have a Labor Day holiday.  Monday China comes back.  A risky weekend again.  Stocks remain lower but off the lows.  


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