Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 23 - 03:55 AM

EUR/USD - It's Difficult To Stretch EUR/USD's Boundaries

By Jeremy Boulton  —  Sep 23 - 02:33 AM
  • EUR/USD failed above top 20-day Bollinger bands on NFP day (Sep 3)

  • EUR/USD currently struggling to hold below same bands

  • Seems some of many traders who are short are opting to take profits

  • EUR/USD range 1.1684-1.1715 EBS after 1.1685-1.1756 yesterday

  • Time will allow for bands to drop and deeper losses

  • Profit taking might lift EUR/USD a little higher first

  • Daily cloud twist at 1.1803-04 on Oct 12 may attract

  • Centre of Bollinger bands at 1.1797 is close to the cloud twist



EURUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!