Welcome Guest:
Sign Up
A Data Partner of:
Jul 26 - 05:00 AM
EUR/USD - Tech Outlook Still Bearish After Wild Ride On Thursday
First appeared on eFXplus on Jul 26 - 02:40 AM
  • Price action Thurs signals indecision: Wide range with a close near open
  • Underlying bearish structure remains, however, overall risk on the downside
  • Therefore scope is for eventual losses through May 18 2017 1.1075 low
  • Negative alignment of the tenkan and kijun lines adds to the bearish bias
  • We remain short at 1.1150 in anticipation for a bearish resumption to 1.1020

EUR/USD Trader:

Daily Ichimoku Chart: Click here

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer