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Feb 16 - 07:55 PM

EUR/USD - Positive Setup, As Ukraine Talks Lead

By Andrew Spencer  —  Feb 16 - 06:30 PM

• Off 0.05% after closing up 0.25% with the U.S. dollar 0.25% lower

• Talks on Ukraine to start Tuesday in Riyadh, Kommersant newspaper reports

• Europe uncertain as Trump team makes confused start to Ukraine diplomacy

• Trump shrugs off EU's reported plans for Trump-style import curbs on food

• Charts - rising 5, 10 & 21 DMAs as 21-day Bollinger bands climb

• Positive daily momentum studies - daily signals remain positive

• Hourly signals are neutral 1.0458 and 1.0514 are key levels

• 1.0500 4.692 BLN strikes will likely be a magnet for EUR/USD in Asia
Andy


(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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