Derived Data That Drive Results
First appeared on eFXplus on Nov 20 - 01:10 PM
Week's 108.345 low hit in Ldn A.M. on trade war woes nL2N2800M3
Dives back toward day's low on report trade deal may not happen in '19
Earlier lifted by yields, stocks after S&Ps held 10-DMA prop nL2N2800K9
Rebound cleared 108.69 kijun, but not the broken up TL from Aug at 108.78
Tenkan, 10-DMA and Nov. 14-15 highs at 108.86 are bigger hurdles
Spec longs at risk if Nov's 107.89 low is broken and closed below
Huge option expiries 108.00-70 Thursday likely to limit ranges
Market far less long gamma into Friday's PMI reports
Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
