Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 23 - 04:55 AM

EUR/USD - Chart Shows A Market On The Brink Of A Collapse

By Martin Miller  —  Sep 23 - 02:40 AM
  • EUR/USD, on Wednesday, saw the second biggest daily drop of September

  • That highlights the overall bearish market structure

  • Fourteen-day momentum remains negative, reinforcing negative outlook

  • Daily kijun and tenkan lines are negatively aligned, another bearish sign

  • Thursday's upper candlestick line points to a rejection of the upside

  • Looking to get short at 0.9875, well ahead of Thursday's 0.9908 (EBS) high

  • EUR/USD Trader TGM2334. Previous update nL1N30T0C4

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!