Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 02 - 08:55 PM

EUR/USD - Bounce Extends Toward Resistance Around 1.1900

By Andrew M Spencer  —  Sep 02 - 07:30 PM

  • Steady early after closing up 0.3% for a ninth straight higher daily high

  • ECB tapering fears - recent solid EZ bond yield bounce support nL1N2Q40IJ

  • Charts; Momentum studies, 5, 10 & 21 day moving averages head north

  • 21 day Bollinger bands expand - positive setup onto volatile U.S. payrolls

  • 1.1894, 38.2% of May August fall then the 1.1909 July high first resistance

  • 1.1836 NY low then 1.1802 rising 10 day moving average initial support

  • 1.1850/70 1.771BLN and 1.1875/90 2.157BLN strikes likely contain in Asia

For more click on FXBUZ


eur Sep 3 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
!