Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Mar 04 - 05:00 AM
EUR/USD - Risk Appetite Up, EUR/USD Down, 21-DMA Looks Key Today
First appeared on eFXplus on Mar 04 - 03:10 AM
  • Heightened chance of a U.S./China trade deal boosts stocks/risk appetite
  • Euro is most liquid funding currency, risk-on markets weigh nL1N20R05D
  • EUR/USD lower 1.1362-90 (EBS) ahead Europe then 1.1355 after Europe open
  • Fresh sellers drawn in after pair breaks below 200-HMA at 1.1361
  • Expect larger selling/sustained pressure to follow if 21-DMA 1.1342 breaks
  • Large option expiries at 1.1340-50 add to possibility 21-DMA attracts today

EURUSD hourly Click here

EURUSD daily Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!