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Oct 07 - 08:55 PM

EUR/USD - Plenty Of Strikes, As The USD Leads The Way

By Andrew M Spencer  —  Oct 07 - 06:50 PM
  • Touch firmer after closing up 0.3% on broad risk on USD weakness

  • EUR trades at familiar levels, with the USD leading at present

  • Google poised to pay French publishers for their news nL8N2GY5QP

  • 1.1735 301M, 1.1740 434M, 1.1745 701M, 1.1750 208M and 1.1800 361M strikes

  • Charts; 5, 10 & 21 DMAs conflict, momentum studies gently ease

  • Contained within rising daily cloud since Sep 23 - flattens out today

  • Wide 1.1599-1.1871 cloud parameters - worth watching - break directional

  • NY 1.1782 high and London 1.1749 low initial support-resistance

    For more click on FXBUZ

eur oct 8 Click here

Source:
Refinitiv IFR Research/Market Commentary

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