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Trade ideas thread - European session 8 March 2023

Trade ideas thread - European session 8 March 2023

The dollar is keeping in a firmer spot after the more hawkish remarks by Fed chair Powell yesterday. As Treasury yields march higher, the dollar is catching a strong tailwind and pushing for key technical breaks since yesterday.

  • EUR/USD nearing its 100-day moving average at 1.0517 and key support near 1.0500
  • USD/JPY pushing for a break above its 200-day moving average at 137.41
  • GBP/USD falling below its 200-day moving average... Read More
Posted: Mar 8 2023, 06:40
Author Name: forexlive
Views: 110880

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