The USD is lower to kickstart the US trading day, and investingLive.com
investingLive.com is kickstarting today and above is the kickstart technical video that outlines the key technical levels in play with a focus on the EURUSD, USDJPY and GBPUSD.
The USD is lower vs the JPY after the Japan elections where Japan PM lost ts majority in the upper house of parliament, after already losing the lower house in October. Despite the increased uncertainty with tariff deadlines looming the JPY moved higher vs the major currencies. Go figure. Technically, the pair is breaking below the 200 hour MA which is more bearish to kickstart the US session. .
The EUR and GBP are also higher vs the greenback and they too are approaching/breaching its 200 hour MAs. Break above that MA (lower USD) increases the bullish bias and will have traders focuses on higher targets.
In the video above, I take a look at each of those currency pairs with focus on targets and risks for each.
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