Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Jan 08 - 05:55 PM

EUR/USD - Troubling Signs Make Longs Nervous

By Christopher Romano  —  Jan 08 - 03:37 PM
  • Correction off the 2021 high deepens, the 10- & 21-DMAs get pierced

  • Daily RSI is dropping, monthly RSI is close to diverging

  • A monthly gravestone doji is in place but the month is still young

  • EUR/USD longs also a bit nervous as support 1.2200 was pierced

  • Daily signals suggest the correction will deepen further

  • The longer-term rally is still intact though so that should comfort longs

  • For more click on FXBUZ

eur/usd Click here

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


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