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Apr 26 - 08:55 AM

EUR/USD - Likely To See EUR/USD Drawn Toward Another Cloud Twist

By Jeremy Boulton  —  Apr 26 - 06:35 AM
  • Ichimoku cloud twists have a habit of attracting

  • EUR/USD has been drawn toward weekly cloud twist at 1.0740

  • The daily cloud twists soon too but higher around 1.0840

  • EUR/USD has been directionless for a long time

  • The lack of volatility heightens chance that the twist attracts

  • Cheap natural gas likely to underpin EUR/USD nL2N3GZ0NP

Source:
Refinitiv IFR Research/Market Commentary

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