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Jan 26 - 04:55 PM

EUR/USD - Mixed Signals Keep Investors Uncertain Ahead Of Fed

By Christopher Romano  —  Jan 26 - 02:52 PM
  • EUR/USD hits 4-day low then rallies sharply, turns +ve, climbs above 10-DMA

  • Daily RSI diverges on today's low & a daily bull hammer candle forms

  • Daily candle forms near the daily cloud top & 55-DMA

  • Monthly RSI sinking, monthly doji candle is forming, could be bearish signs

  • Investors await Fed meeting on Wednesday, range to remain intact

  • Bears need 1.2040/65 break for control, bulls need above 1.2350 for control

  • Mixed signals lead to indecision for now For more click on FXBUZ

eur/usd Click here

Refinitiv IFR Research/Market Commentary


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