Dollar extends lower. GBPUSD above MAs again. EURUSD runs above 100 day MA

USDJPY falls toward 100 hour MA The USD has taken a moved to the downside after the ISM data. EURUSD: The EURUSD pushed back above its 100 day moving average and tested it 200 hour moving average of 1.20695. The high price just reached 1.2068. The 38.2% of the run lower from late Thursday’s high at 1.20569 and the 100 day MA at 1.20523 is now support as buyers take back more control. GBPUSD:…

Dollar steadies after yesterday’s drop but the technical outlook isn’t great

Dollar steadies after yesterday’s drop but the technical outlook isn’t great Major currencies keep little changed ahead of European trading The dollar is finding some stability as it sheds early losses but is still keeping rather vulnerable after yesterday’s tumble post-FOMC meeting. Even as major currencies are not doing a whole lot yet, the technical bias appears to be leaning towards a…