Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 02 - 06:55 AM

EUR/USD - No Longer Overbought And That's Important

By Jeremy Boulton  —  Sep 02 - 04:50 AM
  • EUR/USD has dropped from top to middle 20-Day Bollinger Bands

  • Pair below peaks 20-week and 20-month bands - 1.1132/36

  • Demand may surfaces ahead middle 20-day Bands at 1.1048

  • Top of bands has risen to 1.1232 - allows for bigger gains

  • Oil's sudden drop provides support nL1N3KK06F

  • Central banks probably took advantage of the EUR/USD rally nL1N3KK07P

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!