Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Nov 10 - 02:55 AM

EUR/USD - Bearish Engulfing Pattern Negative, But Cloud Supports

By Martin Miller  —  Nov 10 - 01:50 AM
  • A bearish engulfing pattern has formed on the chart on Friday and Monday

  • Bearish engulfing: a smaller, white candle followed by a larger black one

  • While the bearish engulfing pattern increases downward pressure

  • Downside could be limited by cloud support that spans 1.1762-1.1813 region

  • We are long at 1.1805 in anticipation for a bull resumption to 1.2010

  • EUR/USD Trader TGM2334. Previous update nL1N2HU0I8

  • Dollar may dive after U.S. election nL1N2HV0AC

Daily Ichimoku Chart: Click here

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved