Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
May 28 - 03:48 PM
EUR/USD - Downbeat U.S. Data Cannot Help Bulls
First appeared on eFXplus on May 28 - 01:40 PM
  • Dallas Fed mfg data nAQN00LLF6 echoes last week's PMI disappointments
  • EUR/USD buoyed early on as the US$ & UST yields slide a bit lower
  • Bears take control, downside risks remain
  • Techs favor bears, pair below 21- & 10-DMAs while RSIs give bears momentum
  • Market is short euro & options limit action
  • Downside risks could prevail but moves lower will likely be a grind

chart: Click here

Thomson Reuters IFR Markets


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer