Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 22 - 05:55 PM

EUR/USD - Is Living On The Edge Of Bigger Losses

By Randolph Donney  —  Aug 22 - 03:55 PM
  • EUR/USD tumbled from the 100-DMA at Tues's 1.0930 high to 1.0833

  • The 1.0833 low on EBS is 1 tick below July's 1.0834 swing low

  • And prices remain near session lows before the close

  • A large bearish engulfing candle was made today

  • A close below July's lows would eye the 200-DMA, now at 1.0797

  • The 76.4% Fibo of the May-July rise is at 1.0786

  • That Fibo is also close to early June highs

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved
!