Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 18 - 08:55 PM

EUR/USD - Range Dominates, As Italy Leaps Forward

By Andrew M Spencer  —  Feb 18 - 07:04 PM
  • Flat, closed +0.4%, USD led - soured risk appetite, soft data nL1N2KN2SP

  • Italy's Draghi wins lower house vote, now has full mandate nL8N2KO89V

  • Draghi has a daunting challenge in these coronavirus times nL1N2KN0IO

  • Unified, successful Italian government would be a strong positive for EU

  • Charts; an inside day on Thursday, as choppy consolidation dominates

  • Neutral momentum studies, 5, 10 & 21 daily moving averages coil - no trend

  • 21 day Bollinger bands contract, which suggests further range trading

  • 1.1952 2021 low - 1.2194/97 upper 21 day Bolli & 61.8% 2021 fall key levels

    For more click on FXBUZ


eur feb 19 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!