Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 14 - 03:55 AM

EUR/USD - Chart Shows A Likely Collapse To New 20 Year Lows

By Martin Miller  —  Jul 14 - 02:45 AM
  • EUR/USD has recently traded at levels not seen since December 2002

  • We are short at 1.0080 in anticipation for a bigger drop

  • FX traders can insure against a deeper move under parity nL1N2YU0E9

  • Sustained trading below parity could accelerate under Dec 2 2002 0.9860 low

  • 14-week momentum is negative, highlighting the underlying bear market

  • As does the bearish alignment of the daily tenkan and kijun lines

  • EUR/USD Trader TGM2334. Previous EUR/USD update nL1N2YU09V

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
!