Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 13 - 08:55 PM

EUR/USD - Softer With The Downtrend - USD/Risk Key In Asia

By Andrew M Spencer  —  Oct 13 - 07:25 PM
  • Off 0.05% after closing steady with the U.S. dollar little changed on Friday

  • French government defends the budget - markets are tentatively optimistic

  • A ratings downgrade for France would be bad news for the broad Euro-Zone

  • Charts - mixed daily momentum studies, 21-day Bollinger bands expand

  • 5, 10 & 21-day moving averages track lower, a negative trending setup

  • Thursday's 1.0955 high, then last week's 1.0997 top are initial resistance

  • Last week's 1.0900 low and 1.0876 0.618% Jun/Sep rise are the first support

  • 1.0945/50 1.576BLN are the only major close strikes for October 14th

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!