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Sep 19 - 03:55 AM

EUR/USD - Bulls Attempting To Carve Out An Advantage

By Peter Stoneham  —  Sep 19 - 02:30 AM
  • Volatility clouding direction with high and low candle shadows

  • Bulls are trying to carve out an advantage

  • A hammer type candle so far Thurs highlights demand on dips

  • Daily momentum positive and RSI/Stochs on the rise

  • Capped at 1.1189 Wed (EBS) and this now resistance

  • Tough call but on balance a buy towards the 10-day moving average, 1.1080

  • We wait for clearer signals

  • EUR/USD trading page TGM2334

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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