Kickstart the FX trading day for August 8 w/a technical look at the EURUSD, USDJPY, GBPUSD

The initial jobless claims came in lower than expectations, and that has helped to push the US dollar higher.

In the kickstart video above, I take a look at three of the major currency pairs from a technical perspective – the EURUSD, USDJPY and GBPUSD. What has been the impact from the data and what might be the roadmap going forward for the day?

I will look at that in this video. So watch and learn.

PS. I did an educational video late yesterday on the MAs that you might find helpful. You can watch it here:

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