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Dollar buying into the London fixing

Started by forex4you, Oct 01, 2022, 08:26 pm

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Dollar buying into the London fixing

<p>The USD moved higher into the month end/quarter end fixing at 4 PM/11 AM ET. </p><ul><li>USDCHF: The USDCHF trades back up to the 100 hour MA at 0.9479. The pair tested that MA yesterday and found willing sellers.</li><li>USDJPY: The USDJPY is ticking above its Asian session high and trades at the London and US session high at 144.845. The145.00 level remains a key ceiling area for the pair. </li><li>AUDUSD: The AUDUSD is move away from its 100 hour MA at 0.64669. The low just reached 0.64239.  The next target comes in at 0.64129</li><li>NZDUSD: The NZDUSD is moving away from its 100 hour MA at 0.56738 and trades to a new low for the day</li></ul><p>The dollar is moving higher along with stocks. The major indices are trading to new session highs on the day.  </p>

                This article was written by Greg Michalowski at forexlive.com.

Source: Dollar buying into the London fixing

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