Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Jan 07 - 05:00 AM
EUR/USD's Bounce Back Puts Focus On Key Fibo And Cloud Top
First appeared on eFXplus on Jan 07 - 03:25 AM
  • The overall scope grows for eventual gains to the 1.1516 Fibonacci level
  • 1.1516 is a 50% retrace of the 1.1815 to 1.1216 (September to November) drop
  • On Thursday EUR/USD failed to register a daily close under the 1.1323 Fibo
  • 1.1323 is a 61.8% of the 1.1216 to 1.1497 (November to January) recovery
  • The market continues to trade back within the daily cloud (1.1354-1.1516)
  • EUR/USD's "false break" puts focus back on key upside Fibo nL1N1Z405N

EUR/USD Trader:

Daily Ichimoku Chart: Click here

Thomson Reuters IFR Markets


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer