Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 30 - 09:55 PM

EUR/USD - Strikes Support As Key Resistance Comes Into View

By Andrew M Spencer  —  Sep 30 - 08:20 PM
  • +0.1% after closing off 0.2%, capped by month end EUR/GBP selling -0.5%

  • Poland's government heads further to the right in new lineup nL8N2GR4BK

  • Charts show 10 & 21 DMAs, plus 21 day Bollinger bands falling

  • Momentum studies and the 5 DMA are rising - net negative setup

  • Close above the falling 1.1773 21 DMA would end the downside bias

  • 1.1685 NY PM base & 1.1765, 38.2% of the Sep fall initial support-resistance

  • 1.1650 615M, 1.1680-85 1.6BLN, 1.1690-1.1700 575M strikes provide a base

For more click on FXBUZ



eur oct 1 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
© 2020 eFXdata · All Rights Reserved
!