Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 14 - 03:55 AM

EUR/USD - FX Traders Lose Interest In 1.18S, Downside Risk

By Peter Stoneham  —  Aug 14 - 02:05 AM
  • Long upper shadow to Thurs candle a concern for bulls

  • Bias still favouring a run to 1.2000 but a thin market lacking stamina

  • Market needs to break clear of the 10DMA, 1.1798

  • It's Frid so weekly chart important: risk of consecutive doji stars

  • Dojis suggest market indecision and potential for direction change

  • Last week's 1.1695 low remains pivotal







EUR/USD Trader

EUR/USD daily candle chart: Click here

EUR/USD weekly 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
© 2020 eFXdata · All Rights Reserved
!