Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Dec 30 - 08:55 PM

EUR/USD - Steady After Closing Softer, As EUR/JPY Weighs

By Andrew Spencer  —  Dec 30 - 06:41 PM

• Steady after closing down 0.25% with the USD up 0.05%, EUR/JPY -0.9%

• A release of the debt brake could pull Germany out of its current slump

• Expect tight year-end ranges, with no significant Eurozone data offshore

• Charts - neutral daily momentum studies, 21-day Bollinger bands ease

• Mixed 5, 10 & 21-DMAs, weekly moving averages fall - a modest bearish bias

• Yesterday's 1.0458 high, then the Dec 17th 1.0535 top are initial resistance

• November 1.0331 2024 low, then 1.0195 0.618% 2022/23 rise are first supports

• 1.0450 462 mln are the only close significant strikes for Dec 31st
Andy


(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!