NZD/JPY Down 0 Pips On Hourly Chart, Nears 20 Day Moving Average; Pin Bar Pattern Appearing on Chart
Forex Market Summary
(Last Updated September 16, 2020 1:22 GMT)
FX Market Hourly Update
In the preceding hour, AUDJPY stands out as the biggest mover in the forex asset class on a percentage basis, falling -10 pips (-0.13%). The strongest trend on the hourly timeframe can be seen on EURJPY — it’s clearly been in a downtrend over the past 20 candles. Finally, intraday traders may wish to take note of the fact that USDHKD just breached its 50 hour moving average.
Price Action on the Daily Chart
The pairs that made the biggest moves, on a percentage basis, over the past day were USDZAR, ZARJPY, and EURGBP. The chart below illustrates. Note that USDHKD made an especially large and surprising move over
Forex Market Summary
(Last Updated September 16, 2020 1:22 GMT)
FX Market Hourly Update
In the preceding hour, AUDJPY stands out as the biggest mover in the forex asset class on a percentage basis, falling -10 pips (-0.13%). The strongest trend on the hourly timeframe can be seen on EURJPY — it’s clearly been in a downtrend over the past 20 candles. Finally, intraday traders may wish to take note of the fact that USDHKD just breached its 50 hour moving average.
Price Action on the Daily Chart
The pairs that made the biggest moves, on a percentage basis, over the past day were USDZAR, ZARJPY, and EURGBP. The chart below illustrates. Note that USDHKD made an especially large and surprising move over
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