Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 20 - 10:55 PM

EUR/USD - Softer As Yen Leads USD Higher, French Election Looms

By Andrew M Spencer  —  Apr 20 - 08:35 PM

  • -0.1% as yen leads USD higher, after Wednesday's round of USD profit taking

  • Macron win TV Le Pen debate - leads polls into Sunday election nL2N2WI0UR

  • Election polls no longer accurate indicator, as seen in many countries

  • Unlikely Le Pen win would fundamentally change EU outlook and hit EUR hard

  • Charts; neutral 5, 10 & 21 DMAs, 21 day Bollinger bands slip - neutral setup

  • Close above 1.0838 10 DMA was a positive signal - 1.0921 21 DMA pivotal

  • 1.0758 March and 2022 low then 1.0716 lower 21 day Bollinger key supports

  • 1.0900/05 3.325 BLN are Thursdays closest significant strikes

    For more click on FXBUZ


eur Apr 21 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
© 2022 eFXdata · All Rights Reserved
!