Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Aug 06 - 08:36 PM
EUR/USD - Consolidation Likely In Asia But Direction Is Clear
First appeared on eFXplus on Aug 06 - 06:20 PM
  • EUR/USD continues to trend lower and eventual test of 1.1500/10 on track
  • DE/US yields continue to widen in favour of USD and Italy concerns weigh
  • Bounce from Monday 1.1530 low will likely convince Asia to range-trade
  • Selling rallies to yesterday's high and former support at 1.1575 favoured
  • A break above descending 10-day MA at 1.1634 would relieve downward pressure

eur/usd Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!