Forex Trading: London and Europe have gone home. It is NYs turn to move toward the weeks close

The EURUSD remains supported by the hawkish comments, higher oil and a ho hum stock market. However, the pair is being contained for the time being by the 100 hour MA at 1.5884 and the 200 hour MA at 1.5824.

USDJPY is approaching the 200 day moving average once again after testing the 100 day moving average earlier in the week.  The 200 day moving average comes in at 107.22 which is a long way off, but worth noting nevertheless.  The USDJPY has been supported by stronger yen crosses at the end of the week. 

NZDUSD moved below the 200 hour MA and the 50% retracement level at 0.7623 but rebounded shortly thereafter.  I would not expect much, other then Friday afternoon position squaring. 

The 100 day Moving Average at the 1.0257 level seems safe as the NY afternoon starts.  A close above would be bullish.  Until then, the bearish sentiment prevails.