Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 05 - 03:55 AM

EUR/USD - Chart Bearish Until A Key Level Above Is Overcome

By Martin Miller  —  Oct 05 - 01:57 AM
  • Tenkan and kijun lines are negatively aligned, bearish EUR/USD outlook

  • The scope is for a bearish resumption to the 1.1493 Fibo

  • 1.1493 Fibo is a 50% retrace of the 1.0636 to 1.2349 (2020 to 2021) rise

  • Bulls need a daily close above the tenkan line that is currently at 1.1657

  • Speculators pile into dollar, scope for bigger gains nL1N2QZ0D4

  • EUR/USD Trader TGM2334. Previous update nL1N2R0075

Daily Chart: 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
!