Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 11 - 10:55 PM

EUR/USD - Softer, As The USD Leads, But Charts Are Supportive

By Andrew M Spencer  —  Oct 11 - 08:50 PM
  • -0.1% with the USD a touch firmer, amid modest risk off - E-Mini S&P -0.2%

  • EU planning tougher regulation of major big tech firms - FT nL4N2H20CW

  • Britain tells Germany gaps in EU talks must be closed soon nS8N2GY08F

  • 1.1790-1.1800 650M 1.1835 207M, 1.1850 260M, 1.1880-95 750M strikes

  • Charts; 5, 10 & 21 DMAs conflict, momentum studies flat line - neutral setup

  • Rejection of lower 21 day Bolli in Sep & close above 21 DMA is positive

  • Targets a test of the easing 1.1893 upper 21 day Bolli, as seen in Sep

  • 1.1762 rising 5 DMA, a base last week & NY 1.1831 high support-resistance

For more click on FXBUZ


eur oct 12 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
© 2020 eFXdata · All Rights Reserved
!