Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 12 - 05:55 AM

EUR/USD - Growing Risk Of A Full Retracement To October's Low

By Peter Stoneham  —  Apr 12 - 04:30 AM
  • EUR set for a fourth down day after racking up a new 2024 low: 1.0674

  • Last retracement level off 1.0448-1.1139 is at 1.0611

  • Beginning to look a little stretched and rebounds the Friday risk

  • Daily RSI reading of 32 and slow stochs over extended

  • Weekly action now clear inside the Ichimoku cloud: top res. 1.0779

  • Our 1.0845 offer stranded and we will look to set a new strategy

    For more click on FXBUZ

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
!