Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 04 - 03:55 PM

EUR/USD - Longs Struggle To Maintain Upward Momentum

By Christopher Romano  —  Oct 04 - 01:56 PM
  • EUR/USD rallies in Europe am despite equity ESv1 drop, rise in US rates

  • NY opens near 1.1615, rally extends on broad based US$ selling

  • EUR/USD hits 1.1640 on EBS but some gains erode & pair nears 1.1620

  • US$ bounce, USD/CNH rally above 6.4500, drop in yields weigh on EUR/USD

  • Techs lean bullish; RSIs rising & pair holds above old res near 1.1610

  • EUR/USD squeeze might have legs but its likely to be limited nL1N2R01E1

  • For more click on FXBUZ



eurusd 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
© 2021 eFXdata · All Rights Reserved
!