Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 19 - 04:55 AM

EUR/USD - On The Brink; Today's Close Is Crucial

By Jeremy Boulton  —  Jun 19 - 03:00 AM
  • EUR/USD close in relation weekly cloud top 1.1225 and 100-WMA 1.1215 key

  • Yesterday first day this week pair managed to close below (1.1206)

  • Thursday's 1.1186 low was lowest since Jun 3 (21-DMA was 1.1175)

  • Correction target for rise since May 25 is 1.1175 (38.2 rise from 1.0775)

  • Traders are long IMM/FX adding EUR 2 bln Jun 2-9 Pair rose 1.1116-1.1384

  • Daily cloud twist near 1.09 on Jul 2 is big risk for long (twists attract)

  • Today 21-DMA 1.1189. Next week weekly cloud top slips to 1.1197



EUR/USD Click here

EUR/USD weekly 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
© 2020 eFXdata · All Rights Reserved
!