Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 05 - 02:55 AM

EUR/USD - Chart Darkens, 0.9900 Breaks, Expect Deeper Losses

By Martin Miller  —  Sep 05 - 02:05 AM
  • EUR/USD has broken under the 0.9900 psychological level

  • Scope grows for a bigger drop to retest the October 28 2002 0.9729 low

  • Fourteen-day momentum remains negative, reinforcing the bearish market

  • As does the negative alignment tenkan and kijun lines

  • We remain short at 0.9995 for 0.9725, trailing stop lowered to 0.9990

  • EUR/USD Trader TGM2334

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!