Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 31 - 03:55 AM

EUR/USD - Watch EUR/USD Close Level Friday - 1.1885 Is Key

By Richard Pace  —  Jul 31 - 02:05 AM
  • 1.1885 is the 100-month moving average - close above key to bigger gains

  • Potential to levels as high as 1.2500 on a close above nL2N2F10DP

  • EUR/USD new 2-year high at 1.1905 Friday with USD back under pressure

  • Option markets caught off guard - had taken some profits post FOMC

  • Benchmark 1-month implied volatility sold 7.3 Thurs vs 8.3 peak Tues

  • It's now 8.45! 1-month EUR call over put premium new high 0.7 vols

  • Options hadn't lost sight of 1.20 target however nL2N2F10B5



EUR=EBS-monthly chart Click here

1-3-12-month EUR/USD risk reversals 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
© 2020 eFXdata · All Rights Reserved
!