Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 27 - 04:55 AM

EUR/USD - Weeklies Hold Bearish Trend But Warnings Noted

By Peter Stoneham  —  Aug 27 - 02:54 AM
  • Better bid early Friday but 30DMA, 1.1779, contains action (EBS prices)

  • Minor Fibos off the 1.1664 to 1.1779 climb are at 1.1735 and 1.1722

  • 30DMA resistance joined by 21DMA and daily tenkan, 1.1768 and 1.1786

  • 14-day momentum has flipped to positive, first time since early Aug

  • Weekly chart: potential 100-200DMA bull cross and bullish harami candle

  • Weeklies underlying bear trend still holding but adj risk building

  • Dailies lean bullish but event risk clouds direction today

    For more click on FXBUZ








EUR/USD Trader

EUR/USD daily candle chart: Click here

EUR/USD weekly 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
!