Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Oct 08 - 03:48 PM
EUR/USD - Longs Aren't Taking Any Chances
First appeared on eFXplus on Oct 08 - 01:30 PM
  • DE & US data are unable to extend EUR/USD's recent rally nL2N26T0DF

  • IMF comments nL2N26T0DF, BBG headline saying no DE fiscal stimulus weigh

  • Yen firms on safe-haven flow, EUR/JPY dips below 117.15, EUR/USD follows

  • Pair falls sharply from the 21-DMA & 50 Fib of 1.1109-1.0879, nears 10-DMA

  • Trend-line off June high intact, daily RSI falls, daily techs lean bearish

  • Slew of Fed speakers loom, EUR/USD longs need dovish rhetoric nL2N26T0NW







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
!