The Traderszone Network

Published in TZ Latest News 13 April, 2017 by The TZ Newswire Staff

The strongest and weakest currencies as NA traders enter for the day

The  AUD is the strongest. The EUR is the weakest.
As the NA traders enter for the day the AUD is the strongest while the EUR is the weakest. The employment report out of Australia knocked the cover off the ball and China trade was also helpful for the AUD.  That sent the AUD pairs all moving higher.   The AUDUSD has moved above its 200 day MA at 0.7554 but is finding some resistance ag. the 100 and 200 bar MAs on the 4-hour chart at 0.75890 and 0.7603 respectively.  The EUR has tumbled back lower in the European session and is on its way to erasing the Trump gains from yesterday.