Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Jan 05 - 02:55 AM

EUR/USD - FX Traders Grappling With Conflicting Signals

By Peter Stoneham  —  Jan 05 - 01:47 AM
  • EUR clinging to its bid early Tues but Mon action hinted at demand fade

  • Long upper candle shadow and loss of momentum noted but RSI on the rise

  • Underlying up-trend still alive but gain consolidation likely at best

  • Dble day hi 1.2310 EBS data: longs might consider lightening up on approach

  • However, 1.2310 breach opens up 30DMA upper Bollinger at 1.2366

  • Danger level and potential tipping point a way off at 1.2130, Dec 21 low

EUR/USD Trader

EUR/USD daily candle chart: Click here

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved