Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 16 - 07:55 PM

EUR/USD - Quiet Start After Modest Gain On Friday

By John Noonan  —  Aug 16 - 06:00 PM
  • EUR/USD rose 0.25% on Friday as US political uncertainty weighs on USD

  • It is trading just above 1.1840, as Asia gets off to a slow start

  • EUR/USD support at 10-day MA at 1.1809 and 21-day MA at 1.1740

  • Sellers tipped ahead of 1.1900 with resistance at Aug 6 high at 1.1916

  • DC political stalemate on aid bill and election uncertainty underpin EUR/USD nL1N2FF1S8

  • IMM data indicates market long EUR/USD, which may hinder sustained gains nL1N2FG1W6



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
!