Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 28 - 03:55 AM

EUR/USD - FX Traders Can Target A Minimum Correction Next Week

By Peter Stoneham  —  May 28 - 02:05 AM
  • Thurs consolidation into Frid weakness: 1.2176 -80 lows, EBS pricing

  • However, 14-day momentum is hanging onto a bullish bias

  • June 1 1.1970-73 cloud twist could be having bearish influence

  • The minimum correction off the 1.1704-1.2266 climb is at 1.2133

  • Daily Kinsen and 21DMA also at 1.2130-33: initial bear targets

  • Weeklies set for consecutive long upper candle shadows, bearish

  • With signals currently mixed we stand aside for now

    For more click on FXBUZ









EUR/USD Trader

EUR/USD daily candle 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
!