Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 01 - 10:55 PM

EUR/USD - Deluge Of Event Risk - 1.1520-1.1700 Range To Hold

By Andrew M Spencer  —  Nov 01 - 08:46 PM

  • -0.05% after closing up 0.4%, unwinding part of Friday's month end fall

  • France postpones fishing row sanctions on UK- no compromise yet nL8N2RS1GE

  • Plenty of event risk this week with the RBA, Fed and BoE rate decisions

  • Charts - 5, 10 & 21 day moving averages plus 21 day Bolli bands flat line

  • Daily momentum studies conflict - mixed signals suggest range trading

  • 1.1522/28 October low and lower 21 day Bollinger band are key support

  • 1.1670 upper 21 day Bolli band and 1.1692 October high major resistance

  • 1.824 BLN 1.1585 and 1.1645 806 MLN are Tuesday's close strikes

    For more click on FXBUZ


eur Nov 2 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
© 2021 eFXdata · All Rights Reserved
!