A Data Partner of:
Refinitiv
Apr 18 - 08:55 AM

EUR/USD - Holds Overbought Position In Holiday Trade

By Robert Fullem  —  Apr 18 - 07:56 AM

• EUR/USD stays to very narrow 1.1362-1.1386 range in holiday trade

• Risk tone improved Asia on hopes US-China tariff battle may subside

• Sectry State Rubio says US may exit Russia-Ukraine peace deal if no progress

• Pair keeps bullish bias with 5-DMA lending nearby support at 1.3535

• 55-DMA looks to cross above 200-DMA at 1.0753

• Needs to top 1.1474 YTD high and 1.15 barriers to see upward momentum build

• Remains overbought on RSI as congestion builds above 1.1242 April 10 high

• No US data, Fed Daly to speak and G20 fin mins/CBers set to meet

• EU flash PMIs, consumer conf. and trade among data points next week
EUR


(Robert Fullem is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

eFX Apex

FX Institutional-Grade Data Hub

  • 100 Active FX Orders
  • Receive up to 3,000 TDUX Coins per month
  • PlusHD: Discretionary trades
  • Edge: Sentiment trades
  • Alpha: Systematic trades
  • 100 LSEG machine-readable FX Insights per day
Join the APEX Waitlist
All Orders data are tokenized on-chain by Cuneus Data Lab Inc
TDUX Coin Liquidity is managed by L18C

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!