Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 21 - 03:55 AM

EUR/USD - Next Big Fibo Could Be A Trend Decider

By Peter Stoneham  —  Oct 21 - 02:40 AM
  • Minimum retrace off 1.1909-1.1522 met at 1.1670 Tues

  • Bulls can now target the key 50% Fibo at 1.1716: pivotal level

  • Tight ranges but bull bias holding and our long in play

  • We target 1.1745 with a stop just below 1.1600-EBS pricing

  • 14-day momentum and RSI confirming gains

  • Last week's hammer candle (bullish) set to be confirmed this week

  • Key supp. Weekly cloud base 1.1557 and 200DMA 1.1571

    For more click on FXBUZ










EUR/USD Trader

EUR/USD daily candle chart: 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
!