Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Aug 28 - 03:48 AM
EUR/USD - Bears Eye Significant Downside Break
First appeared on eFXplus on Aug 28 - 02:35 AM
  • Price ratchets lower and now clear below the 10DMA line, 1.1095
  • The retrace of the Aug 23 big up day continues
  • Bearish momentum holding and a bear cross on daily stochastic
  • The Aug 23 1.1051 low pivotal today: break opens up 1.1027 Aug 1 2019 low
  • Fading up-ticks favoured but we await stronger signals, likely 1.1051 break
  • Weeklies still held by the 30WMA lower Bolli on a closing basis, 1.1070

EUR/USD Trader

EUR/USD Daily Candle Chart: 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
!