eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• NY opened near 1.1185 then extended its overnight drop in early trading
• 1.1172 traded but bears ran out of gas as USD buying abated
• US yields turned lower to help drive broad-based USD selling
• Gold gains, silver's upward move, USD/CNH drop from its high reinforced USD sales
• EUR/USD hit 1.1226, sat near 1.1215 late in the session and traded up +0.16%
• Techs lean bearish; pair below 10-DMA & consolidating drop from Sept. 25 high
• Falling monthly RSI, widening Bolli bands adds to bearish
signals
eurusd

(Christopher Romano is a Reuters market analyst. The views expressed are his own)