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

EUR/USD - Flash PMIs In Focus As EUR/USD Defies Expectations Again

By Jeremy Boulton  —  Oct 23 - 02:25 AM
  • EUR/USD slides back below 1.1800 (1.1787 low EBS)

  • 1.1785 is 50% recent rise from 1.1689-1.1880 (Oct 15-21), 55-DMA @ 1.1796

  • Setback will disappoint traders widely betting on a rise

  • Today flash PMIs reported, France 7.15GMT, Germany 7.30GMT, EZ 8.00GMT

  • EZ PMI f/c softer. Composite 49.3 from 50.4

  • Failed break above daily Ichimoku cloud 1.1851-1.1634 should concern

  • Time running out for longs. Year-end will lead to some unwinding





EUR/USD Click here

EUR/USD 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
!