eFXData

eFX Apex

The Institutional-Grade Data Hub

  • Plus: Discretionary Trades
  • Edge: Sentiment Trades
  • Alpha: Systematic Trades
  • Apex: Full Big Data Stream
TDUX
Jul 29 - 11:55 PM

EUR/USD - Rally Loses Steam As USD Steadies

By James Connell  —  Jul 29 - 11:05 PM

• EUR/USD -0.1% Thur as FOMC fuelled rally loses momentum in Asia

• EU Q2 flash GDP due Thur, Reuters poll consensus +0.2% q/q, +0.5% y/y

• EU Jul consumer confidence & Jun unemployment rate (poll 6.2%) also due Thur

• U.S. completes air strikes on Iran, honouring Trump's threats of retaliation

• EUR likely to encounter resistance towards former 1.1500 support

• Range Asia 1.144825-75, support 1.1325, resistance 1.1500 1.1850 1.1930
EUR Daily 55-DMA


DXY Daily 55-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
By continuing to browse our site, you agree to our use of cookies, Privacy Notice, and Terms of Service.
© 2026 eFXdata · All Rights Reserved